Endeavor Approved for 500 Austin Apartment Units, Retail Space
Endeavor Real Estate Group won rezoning of a 3.2-acre site that straddles both East Sixth and Seventh streets, as well as their intersections with Chicon Street. The rules permit this project, located near a transit station, to be built up to 90 feet high.
The Austin Business Journal reports that the site currently features a small warehouse, two small commercial strip centers, a convenience store, and a 20,000-square-foot medical office building. Businesses operating at the location include Civil Goat coffee shop and Space Cowboy restaurant.
Endeavor intends to redevelop it into a mixed-use multifamily project with 500 residential units and 5,000 square feet of commercial space.
On its website, Endeavor says it offers a range of investment services, including acquisitions, development, and fund management. The company has 30 million square feet of real estate investments, including 13,000 multifamily units.
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Brokers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout