Gateway to Falconhead begins construction Oct. 15
Bee Cave development set for 2016 opening
Gateway to Falconhead will be constructed in two phases with the front of the tract dedicated to restaurant and retail uses while the rear portion is reserved for office space.[/caption]Developers of commercial project Gateway to Falconhead, 3500 N. RR 620, at the intersection of Falconhead Boulevard, Bee Cave, donned hard hats and shovels to begin construction on the multiuse center Oct. 15.
The project is planned to be built in two phases, with the first phase encompassing retail sites in the front of the tract and the final phase incorporating offices in the rear portion of the property, said Hannah Douglas Vickery, senior vice president of St. Croix Capital Realty Advisors, the development’s leasing agent. Phase 1 will feature seven buildings, and the second phase will include six buildings, she said.
The first tenants in the project will probably open their doors by the end of 2016, and the development is slated to be complete in 2017, Vickery said.
“We don’t have any big-box space tenants,” she said. “It’s more of a specialized project where we won’t have one true anchor. Our anchors will be our restaurants.”
Three tenants have already signed on to the 125,000-square-foot project, including Serasana Day Spa, Pioneer Bank and Regis Office Suites, Vickery said. The spa and bank are slated for Phase 1 and the office suites will be built in Phase 2, she said. Other tenants may include a coffee house, a high-end wine-tasting room, a frozen yogurt eatery, a Mexican restaurant and a hamburger restaurant, she said.
“We are focused on getting high-energy restaurant tenants,” Vickery said.
Four Points center aims to add restaurants
Starbucks, Dunkin’ Donuts reportedly interested in drive-thru access
Georgia investment company Lee Family Partnership purchased a 3.7-acre parcel in April at the front of River Place, 10819 RR 2222, Austin. The fate of the tract now lies with the city of Austin, which is reviewing the partnership’s request to rezone the property to allow for drive-thru access at a proposed retail center.
“River Place is begging for more restaurants, and we want to give that community what they want,” said Lee Family Partnership co-owner Simon Lee after polling residents on the needs of the neighborhood. “Traffic is terrible. People want to eat without fighting traffic.”
He said the prior leasing agent had been in contact with Starbucks Coffee Company and Dunkin’ Donuts about becoming tenants at the center—2222 Station. However, both restaurants said their establishments would require drive-thru access, an asset not included in the current zoning of the property, Lee said.
Jones and Carter are the civil engineers for the project—the same firm that developed River Place, 2222 Station co-owner Dennis Chia said.
“When we were looking to invest, [2222 Station] came up,” Chia said. “When we looked for statistics, Austin is a very favorable place to invest. It’s one of the few cities in the world that is in a growth mode.”
Chia said the partnership is also seeking to add services—possibly a dental office, nail salon and spa—to the project.
A hearing with the city’s Zoning and Planning Commission on the 2222 Station tract is set for Dec. 10.
Developers to add 82 homes in Spanish Oaks community
More than 17 years after the Spanish Oaks community was created, developers have been given the green light to add a private subdivision on a 104.3 acre tract within the neighborhood.
On Oct. 27, Bee Cave City Council approved the preliminary plat for the Hilltop at Spanish Oaks, which will include 79 single-family lots, three condominium lots with a total of 18 detached units planned, two lots devoted to municipal utility district needs and one open space lot, or greenbelt. The proposed single-family lots will range from 0.63 to 1.65 acres, averaging about 1 acre. Primary access to the neighborhood will be through Spanish Oaks Club Boulevard, with five new streets planned for the subdivision.
Due to the site’s topography, developers were granted a variance to extend the proposed neighborhood streets past the 2,000-foot length maximum mandated by city ordinance.
The tract is located within the city of Bee Cave’s extraterritorial jurisdiction and does not receive city services nor can its residents vote in city elections.
