Plans are in the works to develop more than 90 acres into an Austin commercial real estate project that will be part of the Belterra subdivision in the swiftly growing Dripping Springs area. Crescent Communities and Endeavor Real Estate Group say they are teaming up to build the mixed--use project along U.S. 290 between Nutty Brown Road and Belterra Drive. Plans call for a project of more than 275,000 square feet, including retail, medical office, hotel and senior housing components, along with 80 to 100 single family homes that would be built along Trinity Hills Drive. Arts and entertainment offerings also could be in the mix.
Homeowners will be able to take advantage of new businesses coming to the area, but if you are a Austin business owner, why not work closer to home? The plans for Belterra commercial real estate is outside of Austin proper, the more affordable price point of the Dripping Springs area provides an alternative to Austin commercial real estate for sale on the market today. Ask our real estate team to keep you updated on Dripping Springs and Austin commercial real estate news and how the Belterra alternative might be a great fit for your growing business.