Community Impact Archives - EastVillage ATX

EastVillage Master-Planned Community to Deliver First Phase of Apartments this Summer

eastvillageatx — Fri, 18 Feb 2022 20:01:27 +0000

EastVillage, a 425-acre master-planned community located between Parmer Lane and Howard Lane in the Tech Ridge area, wrapped up construction on its first phase of 312 apartment units this summer, said Gordon Reger of Reger Holdings, the project’s developer.

The next phase of construction will include an additional 422 multifamily units as well as 140,000 square feet of retail and restaurant space and a full-service, business-class hotel. Within a year, Reger said officials hope to break ground on another 1,000 apartments and two more hotels.

“We will continue to permit and build our phases as quickly as we can,” Reger said.

The mixed-use development is estimated to be fully built out between 2027-29, Reger said. Once complete, the project will include more than 2,000 total multifamily units, almost 500 single-family homes, three hotels, 500,000 square feet of restaurant and retail space, and more than 1 million square feet of office campus. Additionally, the site plan calls for a 150-acre park and 5 miles of a paved hike and bike trail.

Reger said the 466 single-family home lots, located near Howard Lane, were sold to KB Homes, which has built five model homes and has also begun construction on dozens of units.

“It’s a very vice subdivision that backs up to the park and they have access to all of the hike and bike trails,” Reger said.

Reger said the EastVillage development will feature a Village Green area to host community events and weekend entertainment. Furthermore he envisions more than 5,000 people working from the development’s office space and small, specialty retailers attracting a variety of customers to the area.

“The whole northeast section of Austin doesn’t have a place to go that has everything there,” Reger said. “[EastVillage] is truly a place where you can live, work and play.”

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$1B EastVillage Project Breaks Ground on Parmer Lane and 2 More Austin Development Updates

eastvillageatx — Wed, 04 Aug 2021 15:15:24 +0000

The 425-acre, mixed-use campus EastVillage broke ground June 22 in Northeast Austin. The $1 billion Tech Ridge-area project from Reger Holdings LLC is expected to include a suite of residential, retail and office facilities to be built across five phases, including 466 single-family homes and 2,000 multifamily units; nearly 400,000 square feet of retail, restaurant and entertainment space; 810,000 square feet of office space; three hotels; and a 1.5-acre park and 150 acres of parkland and forest preserve.

Space: 425 acres

Timeline: completion by 2030

To read the story in its entirety, Click Here.

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More Than $1B, 425-Acre EastVillage Project to Break Ground in Early June, Plus Four More Development Updates in Austin

eastvillageatx — Mon, 31 May 2021 17:25:52 +0000

EastVillage will transform the East Parmer Lane area across from Samsung by the time it is finished in 2028, adding thousands of homes, three hotels, a grocery store space and more. Elsewhere, a 400,000-square-foot office project near the University of Texas reached its completion, and a future medical office development topped out in North Central Austin.

To read the entire article, Click Here.

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Hundreds of acres, billions of dollars: Three major developments to follow in Austin

eastvillageatx — Thu, 28 Jan 2021 16:50:04 +0000

These three mixed-use developments that have been proposed in the southwest, southeast and northeast areas of the city could transform those sections of town in the next decade through billions of dollars of investment in new apartments, condos, office space, retail shops, restaurants and more.

To read full article, CLICK HERE.

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$1 billion EastVillage development in Northeast Austin to begin apartment construction

eastvillageatx — Mon, 11 Jan 2021 20:21:40 +0000

EastVillage, the $1 billion, 425-acre mixed-use development in Austin’s Tech Ridge corridor, is set to begin construction on the multifamily residential phase of its planned urban center, according to New York-based developer Reger Holdings LLC.

To read the full article, CLICK HERE.

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