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Burnet Marketplace adding retail, residents in North AustinBurnet Marketplace adding retail, residents in North Austinhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=135192016-06-15T05:00:00Z2016-06-15T18:00:00Z

​​AUSTIN - Six years in the making, one of the largest mixed-use projects being developed along the red-hot Burnet Rd. corridor is delivering. 

Residents are moving into Burnet Marketplace, 6701 Burnet Rd., and most of the retail space has been leased, as well. 

Argyle Residential, who began the project in late 2013, expects the project to be fully stabilized at the end of this year with an average occupancy rate of 95 percent.

The apartments range in size from 420 sf to 1,314 sf. Market rate rents range from $1,163 to $2,368 per month.

Argyle acquired almost four acres on a parcel that had been previously occupied by the popular Pour House Pub.

Now, Pour House is ready to move into its brand new digs in the development—nearly 4,298 sf of restaurant space with 1,500 sf of it spread out underneath an alluring heritage tree.​

Three other retailers have been announced by CBRE Group Inc., which marketed the remaining 8,000 sf of retail space.​

Austin Business Journal
Austin-Round Rock
Mixed-Use
http://www.bizjournals.com/austin/print-edition/2016/06/10/burnet-marketplace-nears-completion-in-hot-area-of.html

​Click on Austin Multifamily and Retail Market Research​ for quarterly reports.

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