GID Development has announced an impressive $90 million mixed-use project in Cedar Park, Texas, featuring 349 multifamily apartment units and exciting ground-level retail spaces. The innovative development is set to redefine the area’s landscape and create new opportunities for residents and businesses alike.
GID’s proven track record as a leading player in the multifamily property industry, managing over 54,000 units across the United States, showcases their expertise in delivering successful ventures. The company’s capabilities include portfolio management, asset management, ESG, development, acquisitions, research, data analytics, property management, finance, and corporate operations.
The Cedar Park project, located at 301 S. Bell Blvd., will commence construction on January 15, 2024, with an expected completion date of January 15, 2026. Spanning an impressive 700,000 square feet, the development will boast seven levels, including a basement. The lower levels will house retail spaces, parking facilities, residential leasing, and various amenities, while Levels 3 through 7 will feature residential units and additional amenities.
With GID’s core investment strategy targeting institutional-quality, stabilized assets in well-located markets, the Cedar Park project aims to provide stable income and gradual appreciation over the long term.
Designing the project is Dwell Design Studio, renowned for their innovative approach and attention to detail. Dwell’s commitment to “Smacking Down Bad Design Since 2009” promises clever and purposeful spaces that align with GID’s vision for the development.
The privately funded project will be located on private land for private use, adding to the appeal of the venture. GID Development, based in Boston, Massachusetts, is the owner of this ambitious endeavor and can be reached at (617) 854-9136.
As Cedar Park anticipates the transformation brought by the GID – Cedar Park project, excitement builds for the enhanced living and commercial opportunities it will bring to the community.
Image Credit GID Development
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