High-rise commercial buildings

Sub Markets

Property Sectors

Topics

Texas CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Texas  + Austin  + Apartments  | 
The District breaks ground in Round Rock in March

Long-Awaited Round Rock Development to Break Ground

Next month, construction on The District, a 66-acre project near I-35 and State Highway 45 Toll Road in Round Rock, will get underway. The project is slated to total nearly 4 million square feet, including 2 million square feet of office space, 150,000 square feet of retail space, several apartment phases totaling about 1.4 million square feet and 300,000 square feet of hotel space. Investment is expected to exceed $500 million. It’s expected to bring 5,000 jobs at full buildout in 2039.

The Austin Business Journal reports that it’s been a long time coming. The original plans were approved six years ago. Mark IV Capital is helming the project.

The March groundbreaking for The District will kick off a 12-month infrastructure construction phase for the entirety of the project, led by general contractor W.E. O’Neil Construction.

The developers then plan to launch construction of the first vertical elements and have indicated that they should be finished by early 2027.

Connect

Inside The Story

Mark IV

About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

New call-to-action