STRS – Santal Mixed-Use Development – Texas - Project Profile
"STRS – Santal Mixed-Use Development – Texas - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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Stratus Properties Inc. (STRS) is undertaking the construction of a mixed-use project in Texas, the US.
The project involves the construction of mixed-use complex on a 263ha of land. It is developed in phases.
It includes the construction of 1,860 apartments and townhouses, 139,355m2 of commercial space, golf course, restaurants, community center, parking space and related facilities.
The first phase includes the construction of 236 apartments and 18,581m2 of commercial space.
The second phase includes the construction of 212 units. Scope for the remaining phases is yet to be finalized.
STRS received planning approvals.
PlainsCapital Bank is providing US$62.9 million construction loan for the proposed project.
In January 2015, construction works commenced on the first phase and got completed in August 2016.
In the second quarter of 2017, the second phase received planning approvals.
Pre-design works are underway. subject to completion of construction financing, construction is scheduled to commence in 2017.
The project involves the construction of mixed-use complex on a 263ha of land on the north side of Southwest Parkway in Austin, Texas, the US.
The US$700 million project includes the following:
1. Construction of 1,860 apartments and townhouses
2. Construction of 139,355m2 of commercial space
3. Construction of a golf course
4. Construction of restaurants
5. Construction of a community center
6. Construction of parking space
7. Construction of related facilities
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