Austin: City Approves Northwest Luxury Apartments Development
Feature Photo: This undeveloped 5.5-acre tract (left) just north of SH 45/FM 620 has been selected by a California developer for a luxury apartment project. Image: Google Streets.
by Art Benavidez
Austin (Williamson County) — A proposed apartment complex in Northwest Austin received rezoning approval from the Austin City Council.
At their Nov. 12 meeting, council rezoned the property at 15204 North FM 620 Road, 5.486 acres, from development reserve district zoning to multifamily residence zoning.
The property is underdeveloped with moderate vegetation and is on the west side of North FM 620 and the east side of Pearson Ranch Road, and just north of the FM 620 frontage road where it runs with SH 45 near Austin’s northern city limits.
The owner of the property is Austin based developer Joe F. England who created the entity to England Ranch SE, LP to own the land.
CWS Capital Partners LLC, a Newport Beach, California-based real estate investment management company, has the land under contract and plans to develop it into a market rate, luxury apartment community, according to their agent, Jewels Cain of the land development consulting firm Armbrust & Brown.
CWS Capital Partners specializes in the acquisition, development, reposition, and management of luxury apartments and has an extensive presence in Texas (Austin, Dallas/Ft. Worth, Houston, and San Antonio).
The new multifamily residence (moderate-high density) district zoning is intended to accommodate multifamily residential use with a maximum density of 36 to 54 units per acre, depending on unit size, according to city documents.
Current watershed regulations limit a multifamily residential development on this terrain to 60% impervious cover.
Under the city’s land development code, standard landscaping and tree protection will be required for the development, along with parkland dedication.
Along the east and west property lines, the following standards apply:
No structure may be built within 25 feet of the property line.
No structure in excess of two stories or 30 feet in height may be constructed within 50 feet of the property line.
No structure in excess of three stories or 40 feet in height may be constructed within 100 feet of the property line.
No parking or driveways are allowed within 25 feet of the property line.
A landscape area at least 25 feet wide is required along the property line.
In addition, a fence, berm, or dense vegetation must be provided to screen adjoining properties from views of parking, mechanical equipment, storage and waste management collection.
The city states that additional design regulations will be enforced at the time a site plan is submitted. The Austin Zoning and Platting Commission recommended the project at their Oct. 20 meeting.
Art Benavidez (Construction News Reporter, Central Texas) is a seasoned journalist with over 15-years of experience in writing breaking news and in-depth features at the local level. He honed his research and reporting skills in newspapers and magazines throughout South and West Texas along with expertise in crafting digital content as Managing Editor of New Image Marketing Research Corporation. Benevidez is a Texas native and graduate of UT-RGV.