An unnamed multifamily housing project from developer Oden Hughes is planned for the Burnet Road site that formerly housed The Frisco Shop, a longstanding restaurant in Austin.
The Frisco Shop closed in 2018 after more than six decades in the city. In 2020, Oden Hughes purchased the site, and the developer plans to break ground this spring.
The complex will include 314 units, according to Oden Hughes Vice President of Development Ben Browder, 18 of which will be reserved for households making no more than 60% of Austin's median family income. A single individual at 60% MFI makes $41,040, while for a four-person household, that income level is $58,560.
Browder said the project fills a need to provide more types of housing in a centrally located neighborhood where housing prices are growing increasingly unaffordable.
"This is the type of growth Austin needs—where it needs it—in order to meet the community’s affordability, mobility and sustainability goals," he said.
Developer Oden Hughes is planning construction of a $45 million multifamily housing complex at 6801 Burnet Road, Austin, the site of The Frisco Shop, according to permits filed with the Texas Department of Licensing and Regulation.
Permits show the 308,000-square-foot, five-story building will include 314 units, and construction is expected to last from May 2021 to 2023. Representatives from Oden Hughes did not provide a comment as of Community Impact Newspaper's press time. Permit applications were also filed with the city of Austin in October for four multifamily buildings as well as a six-level parking garage.
The Frisco Shop closed in the summer of 2018, just a few days short of its 65th anniversary in Austin. The restaurant was founded in 1953 by Harry Aiken and was the first restaurant in Austin to integrate following the civil rights movement.
Editor's Note: This story has been updated to correct the number of housing units planned for the location.