Construction Begins on Apartments at Cedar Park Mixed-Use Venue
JPI Development Group is pursuing construction of a 425-unit apartment complex at a massive mixed-use project in Cedar Park.
The Austin Business Journal reports it’s part of the early phase of construction of the 117-acre CedarView, the mixed-use project that will have a 1.5 million-square-foot NFM furniture store, a 378,000-square-foot Scheels sporting goods store, a 297-key full-service Marriott hotel, and a 30,000-square-foot convention center.
JPI’s multifamily project, estimated to cost $82 million, would include 12,000 square feet of indoor amenity space. It also calls for a clubroom and fitness areas, as well as outdoor amenity space.
It has a start date of January 2027 and would be expected to be completed in 2029.
FB Society is opening an approximately 10,000-square-foot Haywire restaurant at CedarView, and SPB Hospitality is opening an 8,500-square-foot J. Alexander’s there.
Cedar Park is about 20 miles northwest of downtown Austin and has an overall population of 79,000.
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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