Approved, 1.65± AC Mixed-Use Development Site

1806 Clubview Avenue Austin, TX 78741

1806 Clubview Avenue, Austin, TX, 78741
Site Plan
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FOR SALE
Property Type:
MultiFamily Apartments
Amount:
Please Call Broker for Price

Last Verified:
Jan 18, 2024

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Highlights

  • Approved for 120’ high-rise building with density bonus (up to 225 units)
  • Located within ERC Corridor
  • Convenient access to TX-71, Hwy. 183, TX-130, I-35 & greater metro area
  • Strong demographics (1.2% Annual Pop. Growth & $86K Avg. Income - 3 mi.)
  • Highly visible corner lot along E. Riverside Drive (VPD 30,000)
  • Minutes from Oracle’s headquarters, Lady Bird Lake & Austin Public Library

Description

The property represents the second phase, or Unit B, of the Cambrian East Riverside Development. Phase 1, or Unit A, consists of a 64-unit, multifamily affordable housing development that was completed in 2019. The affordable units delivered as part of Phase 1 unlocked the ERC (East Riverside Corridor) density bonus for Phase 2, allowing for a maximum building height of 120' and a density bonus up to 225 units.

Plans for Unit B provide a desirable mix of studio (108), one-bedroom (72) and two-bedroom (45) units offering commanding views of downtown Austin. The site is well situated to take advantage of all that Austin has to offer, from recreation and travel options to entertainment and employment opportunities.

Also Available for Sale:

5916 North Lamar Blvd., Austin, TX
2± AC Mixed-Use Development Site

1129-1135 Gunter Street, Austin, TX
3.4± AC Mixed-Use Development Site

7800 Burleson Rd., Austin, TX
16± AC Mixed-Use Development Site

Hilco Real Estate, LLC in cooperation with Broker Paul A. Lynn & Assoc., LLC TREC #9000489, Paul A. Lynn, TX Broker, Lic. #0244902.

Austin TX Riverside Submarket

Building Size: 72919sq ft
Lot Size: 1.65 acres


Documents

Brochure - Austin, TX - Riverside Mixed-Use Development

Map of 1806 Clubview Avenue, Austin, TX, 78741

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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