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Austin: Two Local Developers Teaming Up for Multifamily Development on Former Home Residential Site

Feature Photo: An aerial view of the proposed multifamily development. Image: Google/VBX Graphic

Posted: 7-29-2021

by Art Benavidez

Austin (Travis County) — A multifamily development being proposed by two local developers, received the requested zoning during Tuesday’s meeting of the Planning Commission.

The property converts from single family (SF-3) to multifamily (MF-3) with a conditional overlay that would cap the development at 20-units per acre.

The developers wanted the higher density (MF-4) zoning, which allows up to 40-units per acre.  

The 1-acre (43,560 SF) property comprises two lots located at 901 and 907 Stobaugh Street. The working title for the project is Stobaugh Residential.  

There are currently two homes on the subject site and project representative Victoria Hasse, with Thrower Design, said the property owners were teaming up for the multifamily development.  

“The property owners of the two (lots) would like to redevelop these (lots) with residential units,” Hasse said in an April neighborhood meeting.  

The development will include parking on the site, Hasse added.

“This is a pretty small development,” she said. “We’re not in the site planning process yet, we’re just asking for the zoning.”

These two lots could provide a great opportunity for middle housing, Hasse told the commission.  

“While an acre can theoretically achieve 40-units on average,” she said. “Realistically, after setbacks, compatibility setbacks, parking, detention and water quality requirements the site is likely to achieve somewhere around 20 units.”

Lisa Gray, through the entity Blue Pig LLC, owns the lot on 901 Stobaugh St. In addition, Bryan Balfour, through the entity Northgate Development LLC, is the partner.

City Council will vote on the recommendation at their Aug. 26 meeting.

VBX Project ID: 2021-5790


art@virtualbx.com

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By |2021-07-29T15:05:16-05:00July 29th, 2021|Construction Preview, Feature Story|

About the Author:

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.

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