Austin: Southlake Developer to Construct $17.4 Million Multifamily Development
Feature Photo: The development will be located near the North MoPac Expressway Toll Road at 3100 Scofield Ridge Parkway in the northern portion of the city. Image: Google Streets
by Art Benavidez
Austin (Travis County) — A Southlake developer has registered an architectural barrier project report with a state regulatory agency, giving notice of plans for a 158-unit multifamily development.
The 3.28-acre property is undeveloped and located near the North MoPac Expressway Toll Road at 3100 Scofield Ridge Parkway in the northern portion of the city.
Exhibit map of site by City of Austin.
Randy Primrose with Magnolia Property Company under the entity MPC Scofield, LP will construct Magnolia at Scofield, according to a report filed Jan. 19 with the Texas Department of Licensing & Regulation.
The scope of work involves building 128,800 square feet of space, a leasing office, along with parking spaces at an estimated cost of $17.4 million.
The property is classified as a suburban watershed which is subject to 60% impervious cover for the proposed development.
Construction is expected to begin on May 5 and be completed by Dec. 15, 2023.
Armando Portillo and Chad Kimbell with Civil & Environmental Consultants, out of Austin, are on board the project as land surveyors and civil engineers.
Civil & Environmental Consultants filed the project as a design consultant with the City of Austin in September 2021 and its status remains under review as of Jan. 24.
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.