The team behind massive Austin towers like Sixth and Guadalpue and Waterline is planning an ambitious mixed-use complex with 2,000-plus homes.
An associate of San Antonio-based developer Kairoi Residential is targeting a 71-acre industrial site at 827 Ed Bluestein Boulevard, owned by Texas Materials Group, for a project that would contain residential, retail, office and “civic” uses, Towers reported, based on a recent rezoning application.
A concrete and asphalt manufacturing plant currently functions on the site, east of Highway 183 and a mile away from the Borden Dairy Company — also a 71-acre site, which Endeavor Real Estate aims to redevelop into a mixed-use complex with 1,400 residential units, 500,000 square feet of commercial space and a hotel.
The application requested a maximum height of 180 feet, which would make room for a structure 15 stories or taller. Other details for the venture, called Bolm West, include 2,219 residences, 385 hotel rooms, almost 1.5 million square feet of office space, a 128,000-square-foot shopping plaza, 135,000 square feet of restaurant space and possibly a theater or music venue, the outlet said.
Plans are subject to change, and Austin’s Zoning and Planning Commission hasn’t yet scheduled a date to discuss the project.
This acreage, as well as Endeavor’s, has environmental concerns. Both sites are near the Colorado River, and the 827 Ed Bluestein property has possibly the oldest live oak tree in Austin, which previous land owner Capitol Aggregates preserved, the outlet said.
Kairoi, led by CEO Michael J. Lynd, has amassed over $2.5 billion of new developments in cities like Austin, Miami, Chicago, Houston and San Antonio, according to the company’s website. However, Bolm West could be the firm’s largest endeavor yet.
—Quinn Donoghue
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