Lionstone Investments and Hanover Company unveiled plans Nov. 19 for a "urban village" development called Autry Park that will eventually include five towers, almost 1,500 residences and hundreds of thousands of square feet for offices and retail.

The 14-acre site, nestled along Allen Parkway, South Shepherd Drive, will have access to Buffalo Bayou Park but will also boast its own interior green spaces, according to the plans.

“Our data-driven analytics focused us on this exceptional land parcel as one that connects River Oaks to downtown, the Galleria, and Montrose. With a 14-acre blank slate, we saw an opportunity to ‘re-mix’ the concept of mixed-use by creating great spaces that integrate entertainment, technology and wellness in a way that meets the needs of today’s workers, residents, shoppers, and visitors,” Lionstone CEO Jane Page said in a news release. “Sustainable and healthier spaces can result in more productive people, and Autry Park combines best-in-class real estate in a walkable environment with access to the relaxation and outdoor activities afforded by the park.”

The first phase of construction is underway and is expected to be ready for tenant build-out in 2021. This phase will offer 750 residential units and 50,000 square feet for retail.

Over the next two phases, developers plan to build a total of 350,000 square feet of Class A office space, 100,000 square feet of retail and 1,450 residential units.

The city of Houston and Memorial-Heights Tax Increment Reinvestment Zone 5 have committed to infrastructure improvements to the streets and public spaces surrounding the development, according to the release, including a new lighted intersection on Allen Parkway at a forthcoming entrance to the development at Buffalo Park Drive, updated pedestrian crosswalks and traffic signals at Allen Parkway and Shepherd Drive, and a dedicated bike lane along West Dallas.

Firms involved in the design of the development are Ziegler-Cooper Architects, W Partnership, Design Collective Inc., branding firm FÖDA, walkability expert Jeff Speck, Michael Hsu Office of Architecture and landscape architect OJB.

The project comes alongside two other massive mixed-use projects underway in the Buffalo Bayou area, including The Allen high-rise and Regent Square.