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River Place on Lake Austin - Austin, Texas

River Place is a 1,450-acre master planned community in Austin, Texas with over a mile of frontage on Lake Austin. River Place was acquired in partnership with a public pension fund. At the time of purchase, the development contained 211 completed residential lots and one occupied home. Soon after purchase, the 18-hole Tom Kite designed golf course and 40,000 square foot clubhouse were redesigned and renovated, and water and wastewater plant improvements commenced. Entry landscaping features, parks, and regional water quality facilities were also constructed. River Place was developed in a topographically challenging and environmentally sensitive area, and required various governmental permits including an endangered species permit from the USFWS and a Section 404 permit from the Army Corps of Engineers. Over the holding period, approximately 1,100 single-family lots were developed and sold, along with various multi-family and commercial tracts. The commercial tracts supported the development of over 300,000 square feet of office space.

 
 

 

 

 

 

 

5330 Montrose
Houston, Texas 77005
phone: 713.491.4840
fax: 713.522.0882

THE INFORMATION ON THIS WEB SITE IS NOT AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY AN INTEREST IN ANY INVESTMENT FUND OR FOR THE PROVISION OF ANY INVESTMENT MANAGEMENT OR ADVISORY SERVICES.  ANY SUCH OFFER OR SOLICITATION MAY ONLY BE MADE IN A MANNER CONSISTENT WITH FEDERAL AND APPLICABLE STATE SECURITIES LAWS.