The Paragon is a 370 unit mixed used community in Cedar Park, Texas (Austin) and part of the Bell Boulevard Redevelopment Master Plan. The Bell Boulevard Master Plan will capitalize on the popularity of Live, Work, Shop, Play neighborhoods in one of the fastest growing submarkets of Austin. As part of the Bell Boulevard Redevelopment Program, The Paragon is located on Cedar Park’s major north-south artery, with a traffic count in excess of 45,000 vehicles per day. Average household incomes in Cedar Park exceed $101,000 per year.
Key Deal Points
Since 2000 the population of Cedar Park has grown 205%+ as people migrate to outlying cities. (City Data)
154 companies have announced plans to relocate their corporate office or significantly expand existing operations in the Austin MSA. (KVUE)
REIT Group’s vertically integrated family of companies ensures a “boots on the ground” presence is maintained throughout the asset life cycle.
“ Austin Predicted to be Hottest U.S. Housing Market of 2021 “ – World Property Journal; January 20, 2021