EastGroup Properties Vice President David Hicks confirmed the company owns the property located at 350 Texas Ave. but declined to comment beyond its intent to redevelop the land to light industrial.
“Although we are still finalizing development details at this time, we can share that yes, we do own the 350 Texas Avenue site, and our plans are to redevelop it as a two building light industrial, speculative development totaling approximately 130,000 square feet,” Hicks told Community Impact.
A permit submitted to the Texas Department of Licensing and Regulation indicates EastGroup may construct two warehouses at 58,415 and 70,301 square feet. The permit also shows a potential start date in April with potential completion in January 2024.
The development would be one of several warehouse projects under construction in Round Rock should EastGroup pursue it.