LEANDER SPRINGS | LEANDER, TX (AUSTIN MSA)

1600 UNIT, MIXED USE / MULTI-FAMILY / Crystal Lagoon

Building a Community

The Leander Springs project is composed of approximately 78 acres of land at the intersection of 183 A and 2243. It is a mixed use, master planned development located in the heart of the city of Leander, TX which tops U.S. Census list of fastest-growing large cities.
Leander Springs development vision is to be the “ cool urban ” in the suburb where live- work – play environments thrive.

Key Deal Points

POPULATION GROWTH

Since 2000 the population of Leander has grown an astounding 724.2% (City Data)

ECONOMIC GROWTH

154 companies have announced plans to relocate their corporate office or significantly expand existing operations in the Austin MSA. (KVUE)

INVESTOR FRIENDLY

REIT Group’s vertically integrated family of companies ensures a “boots on the ground” presence is maintained throughout the asset life cycle.

" This is the type of project that doesn’t come along very often, and, for Leander, it’s one more aspect of making us the best town in Central Texas, possibly the whole state of Texas "
Troy Hill
Mayor of Leander

Projected Returns

20+ %

IRR

2.X +

Equity Multiple

+/-10%

CoC

5 - 7 Year

Hold

Property Highlights

LEANDER SPRINGS | LEANDER, TX (AUSTIN MSA)

Master Plan

Unit Mix

Leander Springs development vision is to be the “cool urban” in the suburb where live-work-play environments thrive.

1600 Units

Multi-family Apartments

275-450 rooms

Hotel and 20,000 sf Conference Centre

1M sq ft Commercial

Retail / Offices / Restaurants etc

21+ acres

4 acres Lagoon and amenities, Parkland / ROW / Civic

Investment Highlights & Overview

Among major tech hubs, Austin remained a growth spot during the pandemic, attracting companies and talent not only from California, but from other parts of the country
– Bisnow, Tech Oriented Cities Have Thrived During the Pandemic, March 8, 2021

OTHER DEVELOPMENTS

LAGO VISTA, TX

168 Duplex Units (Build to Rent)
20%++ Projected Returns
2.X+ Targeted Equity Multiples

THE PARAGON, TX

370 Units + 60K sq ft Commercial
20%++ Projected Returns 2.X+ Targeted Equity Multiples
Copyright © 2021 ReitGroupVentures.com

The Leander Springs project is composed of approximately 78 acres of land at the intersection of 183 A and 2243. It is a mixed use, master planned development located in the heart of the city of Leander, TX which tops U.S. Census list of fastest-growing large cities. Leander is part of Williamson county, strategically located in the growth corridor of Northwest Austin MSA. The current and planned development vision of the city possesses all the ingredients for Leander to evolve into Austin Metro’s first “hipstrubia”. Leander Springs development vision is to be the “cool urban” in the suburb where live-work-play environments thrive. All three living components will benefit from the proximity to mass transit, colleges, shops, restaurants, and urban living spaces. A welcoming atmosphere, pedestrian friendly networks, strategically placed elements, wide open spaces, all revolve around building a sustainable environment, an urban oasis that naturally brings people together. The 78-acre development includes retail, offices, restaurants, urban living and a resort style hospitality and conference center. The development is anchored by Crystal Lagoon, a world class water amenity. The Crystal Lagoon is the meeting point that brings idyllic beach lifestyle to the cities and its communities.