Endeavor, Crescent Communities to collaborate on mixed-use property

Belterra will add a 90-acre mixed-use development with retail, offices and housing. Construction begins early 2016. Belterra will add a 90-acre mixed-use development with retail, offices and housing. Construction begins early 2016.[/caption]

Ever-growing Southwest Austin has caught the attention of the developer of Southpark Meadows and The Domain, and work is underway to bring a similar development to the Belterra master-planned residential community near Dripping Springs.


Endeavor Real Estate Group, along with Crescent Communities, the developer of Belterra, announced May 18 that the duo plans to develop 90 acres of commercial and residential property off of Hwy. 290 near the Nutty Brown Road and Belterra Drive intersections.


Slated within the development is more than 275,000 square feet of shops, restaurants, office space, a hotel, senior housing and high-density single-family homes.


Construction of the mixed-use development will begin in early 2016 and will be built in phases. Construction may take five to seven years and may be influenced by demand, Endeavor Principal Daniel Campbell said.


The location


“It’s no secret that Austin is growing at a pretty big rate,” Campbell said. “And what’s going to be the driver of a mixed-use project like this is households.”


Campbell said Endeavor had discovered, through its own research, that people wanting to build homes are finding out that space is becoming scarce in Northwest Austin, so they are coming to Hwy. 290.


“The 290 corridor as a whole, from Southwest Austin to Dripping Springs, will really be the growth engine for Austin over the next five years,” Campbell said.


Tommy Tucker, Crescent Communities residential vice president for Central Texas, said mixed-use developments are not meant for all suburban communities. But what makes Belterra a good fit for a mixed-use project is the number of homes in the neighborhood.


“There are a lot of homes in Southwest Austin, in the Dripping Springs area,” Tucker said. “But what you haven’t had is the services to support the growing population.”


Belterra, when complete, will have 2,000 homes, Tucker said.


A community gathering spot


Campbell said Endeavor had discussions with retailers and restaurants that are “excited” about the progress of the development. The company could announce tenants sometime in late June or early July.


Comparing the Belterra mixed-use development to The Domain and Southpark Meadows, two large commercial properties on which Endeavor has also worked, Campbell said the Belterra project will emphasize a sense of place.


“We found in other projects, whether it’s Southpark Meadows or The Domain, creating a real identity and a community gathering spot has become very important,” Campbell said.


Also discussing that idea, Tucker said when people buy a home in a nice community, they are buying a lifestyle, not just the home.


Mixed-use properties, along with the lifestyle concept, as he called it, have grown in popularity within the past 10 to 15 years, he said.


Residents and others on Hwy. 290


Endeavor is not the only company that has its sights on the Belterra community and Hwy. 290. San Antonio-based grocery chain H-E-B bought 65 acres of property east of Endeavor and Crescent Community’s mixed-use project on which businesses such as The Nutty Brown Café and Austin Shoe Hospital operate.


In a statement H-E-B said it purchased the land as a long-term strategy for growth options along the Hwy. 290 corridor and that The Nutty Brown Café will continue to operate.


Austin Shoe Hospital Manager Emilio Carrizales said he, too, was given the option by H-E-B to continue operating his store.


Carrizales said Endeavor’s mixed-use development will be nothing but good for the area.


“This is great for me because I’m in the business of people wearing good shoes and dressing up,” Carrizales said. “So it’s a blessing for me as well as all this traffic.”


Belterra resident Michael Donnelly is a member of the Belterra Neighborhood Association. Speaking as a resident, he said he welcomes having an H-E-B and more restaurants at Belterra instead of having to drive to Dripping Springs or closer to Austin for the amenities.


“Anything that comes [to Belterra] is an improvement,” Donnelly said.


BNA secretary John Sone said, speaking just for himself, that he does not know much about the commercial development, but it is no surprise that one is being built.

By Joseph Basco
Joe Basco is the reporter for the Southwest Austin area. He joined the Community Impact team in May 2015. Joe was born and raised in Jacksonville, Fla., but lived in Midland for two years and reported for the Midland Reporter-Telegram before arriving in Austin.


MOST RECENT

Salvation Pizza, opening in the Austin-Bergstrom International Airport June 16, is one of several new pizza options in the Austin area. (Courtesy Salvation Pizza)
Pie chart: See a map of 11 new, coming-soon pizza options in the Austin area

New spots include Above Ground Pizza opening in New Bruanfels after several permitting delays and Salvation Pizza feeding travelers at the Austin-Bergstrom International Airport

Austin City Council members finalized their spending plan for the federal stimulus dollars before adjourning for their summer recess that will stretch to late July. (Ben Thompson/Community Impact Newspaper)
Austin will dedicate $100M in federal stimulus funds to combating homelessness over two years

In one of their last detailed discussions before their summer break, council members secured funding for several of their individual priorities alongside homelessness allocations.

Photo of Congress Street
The Moontower Comedy Festival will return in September

Headliners for the four-day festival include Margaret Cho, Dave Attell and others.

The extension of Kenney Fort Boulevard is underway north of Hwy. 79. (Amy Bryant/Community Impact Newspaper)
North-south road in Round Rock makes progress; homestead exemption OK'd in Leander and more Central Texas news

Read the top business and community news from the past week from the Central Texas area.

Candlewood Suites is located at 10811 Pecan Park Blvd., Bldg. 2, Austin. (Chris Neely/Community Impact Newspaper)
Austin City Council votes for improved coordination with local counties on homeless issues; no action taken on Williamson County Candlewood Suites purchase before summer break

Council members unaimously approved a resolution aimed at improving collaboration on homeless strategy between Austin and local county officials June 10.

Photo of a drive-thru vaccine clinic
Travis County and partners to hold multiple vaccine clinics over the weekend, June 11-13

A drive-thru clinic at the Travis County Expo Center, along with several other neighborhood pop-ups, will offer the Pfizer vaccine this weekend.

Central Austin home prices reached a median price of $675,000 in April. (Olivia Aldridge/Community Impact Newspaper)
City Council votes to double Austin's homestead tax exemption

The exemption's increase from 10% to 20% of a homestead's value follows the passage of an additional exemption increase for senior and disabled Austinites last week.

Austin Police Department Interim Chief Joseph Chacon (center) was joined by cadet training academy leadership June 9 to discuss the program's relaunch this month. (Ben Thompson/Community Impact Newspaper)
Redesigned Austin Police cadet academy now underway with 'significant shift' in training, oversight

After over a year on hiatus, Austin Police Department cadet training resumed June 7 under new leadership and a revamped curriculum.

Gov. Greg Abbott, center signed Senate Bills 2 and 3 into law June 8 in response to the devastating winter storm last February. (Trent Thompson/Community Impact Newspaper)
Gov. Abbott signs bills to reform ERCOT and weatherize Texas power grid

The bills will go into effect Sept. 1 and aim to reform ERCOT leadership and increase accountability and communication among power agencies.

Austin officials have been pursuing a redesign of the decades-old downtown facility for years. (Ben Thompson/Community Impact Newspaper)
Austin Convention Center redesign could be developed via competition to envision 'a world-class, fabulous building' in eastern downtown

A proposal from District 9 Council Member Kathie Tovo would see city staff develop the framework for a convention center design competition this summer.

OHT partners
Five South Austin business updates: New coffee shop coming to historic South Congress building, Oden Hughes rebrands to OHT Partners and more

Coffee shop Freddo ATX is targeting an August opening date. Meanwhile, a new Pure Barre studio is opening on William Cannon Drive this fall.