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938K-sf shopping center swaps hands

Austin Real Estate News

November 7, 2022

​​​​AUSTIN – Big V Property Group has acquired Southpark Meadows I & II, a
938,103-sf shopping center at 9600 S. I-35.

The center was 95 percent leased at the time of sale.

Tenants include Target, HomeGoods, Marshalls, Ross, Hobby Lobby, Burlington,
Dave and Busters, Pluckers, Five Below, and Rooms to Go.

JLL Capital Markets brokered the deal.

Source

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The Bowerly coming to Pflugerville

​​​​​PFLUGERVILLE – Wilson Capital is developing The Bowerly, a 294-unit
multifamily complex at 100 Dessau Rd.

The three-building project will have one-, two-, and three-bedroom floor plans
ranging fr​om 650 to 1,400 sf.

Clark Wilson Builder is the general contractor.

Construction begins in February 2023 and will be complete in 2024.

[![texaslogo.png](https://assets.recenter.tamu.edu/Images1/NewsTalk/NTTInfo.png)](https://www.recenter.tamu.edu/articles/technical-
report/Texas-Quarterly-Commercial-Report)The Texas Real Estate Research Center
has more news like this online for free:

* [ _Texas Quarterly Apartment Report_](https://www.recenter.tamu.edu/articles/research-article/TexasQuarterlyApartmentReport-2242)
* [Austin multifamily news​](https://txrec.io/2PoQABe)

​Source: _[Austin Business
Journal](https://www.bizjournals.com/austin/news/2022/12/05/crane-watch-
symphony-square-sixth-chicon-bowerly.html)_

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Dominium buying, expanding affordable housing community

​​DRIPPING SPRINGS – Dominium has acquired the Springs Apartments, a 76-unit
affordable housing community at 289 Springs Ln.

Built in 2001, the property ​has one- to three-bedroom units reserved for
residents earning no more than 60 percent of the area median income.

Dominium will construct 144 additional units and rehabilitate original units.
The project represents a $3 million investment.

[![texaslogo.png](https://assets.recenter.tamu.edu/Images1/NewsTalk/NTTInfo.png)](https://www.recenter.tamu.edu/articles/technical-
report/Texas-Quarterly-Commercial-Report)The Texas Real Estate Research Center
has more news like this online for free:

* [ _Texas Quarterly Apartment Report_](https://www.recenter.tamu.edu/articles/research-article/TexasQuarterlyApartmentReport-2242)
* [Austin multifamily news​](https://txrec.io/2PoQABe)

​Source: _[Community Impact
Newspaper​](https://communityimpact.com/austin/southwest-austin-dripping-
springs/development/2022/11/30/affordable-housing-community-in-dripping-
springs-under-new-ownership/)_

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