Southeast Austin project: Mirador - 4,000 homes, condos and apts
A $500 million development that calls for more than 2,500 houses, 1,500 multifamily units and commercial space is in the works for fast-growing Southeast Austin.
The Hines-led development group said this week that it has closed on the sale of the 1,400-acre site for the project. The property is bounded in part by Pearce and Wolf lanes, south of Texas 71 and near the Texas 130 tollroad.
The 2,500 single-family houses are to be developed in phases over six years or so, Hines said.
Along with homes, Mirador's plans call for 50 acres of apartments and townhomes — more than 1,500 units in all, including duplexes and quadplexes — plus 75 acres for retail and other commercial uses.
The development's plans call for a 60-acre lake, more than 600 acres of greenbelt, community parks, trails and swimming pool.
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