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Texas  + Austin + Austin  + Apartments  | 
Hutto okays 1,000 rental units

Hutto OKs Over 1,000 Rental Units

The Hutto City Council approved a development agreement with HL Capital Partners for Olander Farms; a mixed-use project that will include multifamily, build-to-rent projects and supporting commercial development. It will all be on 100 acres.

There are four multifamily parcels totaling about 61 acres. One tract will have 222 build-to-rent homes, a second will have 360 to 650 apartments, a third will have 122 for-sale townhomes and the fourth will have up to 160 apartments. 

In addition, Olander Farms has three commercial lots, totaling about 12 acres. One is about 6 acres and will have up to 60,000 square feet of commercial space.

The Austin Business Journal reports Hutto is growing fast, and Olander Farms could help support the trend. The city’s population more than doubled from 14,698 residents in 2010 to an estimated 36,655 in July 2022, according to the U.S. Census Bureau.

Much of that growth is being propelled by the county’s booming industrial base, which includes Samsung’s massive semiconductor factory under construction in nearby Taylor.

Industry leaders and power players are connecting at Connect Phoenix Multifamily & Single-Family Build-to-Rent on April 18 at the Westin Kierland Resort & Spa. Don’t miss the expert’s take on where the market is headed, and what changes are on the horizon. Register Now!

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HL Capital Partners

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.

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