{"id":1004081293,"date":"2013-08-05T13:12:59","date_gmt":"2013-08-05T21:12:59","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=156904"},"modified":"2020-04-21T00:20:13","modified_gmt":"2020-04-21T08:20:13","slug":"cypress-real-estate-advisors-plans-mixed-use-development-for-austin","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/cypress-real-estate-advisors-plans-mixed-use-development-for-austin\/","title":{"rendered":"Cypress Real Estate Advisors Plans Mixed-use Development for Austin"},"content":{"rendered":"<p style=\"text-align: justify;\"><em>By Anca Gagiuc, Associate Editor<\/em><\/p>\n<p style=\"text-align: justify;\">Austin\u2019s Burnet Road will be making room to accommodate a new mixed-use project designed by Cypress Real Estate Advisors. The site doesn\u2019t require any zoning modifications as it is currently zoned for vertical mixed-use development.\u00a0<a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/08\/Burnet-MPlaceAustin.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-156905\" title=\"Burnet MPlaceAustin\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/08\/Burnet-MPlaceAustin.jpg\" alt=\"\" width=\"300\" height=\"169\" \/><\/a><\/p>\n<p style=\"text-align: justify;\">However, in order for Burnet Marketplace to exist, Pour House Pub located at 6701 Burnet Road will close this autumn before the demolition work scheduled for October. \u201cPour House will likely be occupying 3,000 square feet of the retail space at the northwest corner of the new project, and they will have exclusive use of a new 1,500-square-foot patio surrounding the large preserved heritage tree currently located in the outdoor bar area,\u201d said Chase Hill, development associate with Cypress Real Estate. The heritage trees of the area will either be retained or relocated.<\/p>\n<p style=\"text-align: justify;\">The development will be built on 3.9 acres. Cypress has also acquired 6601 Burnet Road. It will include 345 residential units of which 10 percent will be affordable for households at 60 percent of the median family income. The first apartment units will be delivered in November 2014. The project will also include 12,000 square feet of retail.<\/p>\n<p style=\"text-align: justify;\">The general contractor is Denver-based Martines Palmeiro Construction. The architect is Dallas-based Good Fulton &amp; Farrell Inc.<\/p>\n<p style=\"text-align: justify;\">Cypress Real Estate Advisors has just completed construction of Lakeshore Pearl, a 230-unit development that\u2019s currently 100 percent leased; a second phase will break ground by the end of 2013 with 295 units to be completed by November 2014. Two other projects are under construction, scheduled to be completed next year. Corazon at East Sixth and San Marcos streets with 256 units will be delivered in January, and Sabine, north of downtown, at the former Concordia University with 298 units will be delivered in October 2014.<\/p>\n<p style=\"text-align: justify;\"><em>Photo courtesy of <a href=\"https:\/\/brentwoodaustin.blogspot.ro\/2012\/07\/burnet-marketplace-6601-6701-burnet-rd.html\" target=\"_blank\" rel=\"nofollow\">Brentwood Neighborhood Association<\/a><\/em><em><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Austin&rsquo;s Burnet Road will make room for a new mixed-use project designed by Cypress Real Estate Advisors. The site doesn&rsquo;t require any zoning modifications as it is zoned for vertical mixed-use development.<\/p>\n","protected":false},"author":237,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1578,21742],"tags":[39411,1815],"class_list":["post-1004081293","post","type-post","status-publish","format-standard","hentry","category-austin","category-latest","tag-austin","tag-national"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Cypress Real Estate Advisors Plans Mixed-use Development for Austin - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/cypress-real-estate-advisors-plans-mixed-use-development-for-austin\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cypress Real Estate Advisors Plans Mixed-use Development for Austin\" \/>\n<meta property=\"og:description\" content=\"Austin&rsquo;s Burnet Road will make room for a new mixed-use project designed by Cypress Real Estate Advisors. The site doesn&rsquo;t require any zoning modifications as it is zoned for vertical mixed-use development.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/cypress-real-estate-advisors-plans-mixed-use-development-for-austin\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2013-08-05T21:12:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-21T08:20:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/08\/Burnet-MPlaceAustin.jpg\" \/>\n<meta name=\"author\" content=\"Anca Gagiuc\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cypress-real-estate-advisors-plans-mixed-use-development-for-austin\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/cypress-real-estate-advisors-plans-mixed-use-development-for-austin\/\",\"name\":\"Cypress Real Estate Advisors Plans Mixed-use Development for Austin - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cypress-real-estate-advisors-plans-mixed-use-development-for-austin\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cypress-real-estate-advisors-plans-mixed-use-development-for-austin\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/08\/Burnet-MPlaceAustin.jpg\",\"datePublished\":\"2013-08-05T21:12:59+00:00\",\"dateModified\":\"2020-04-21T08:20:13+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/340a1a5e8e7dd137bd91ca1dd3a2e9d7\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cypress-real-estate-advisors-plans-mixed-use-development-for-austin\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/cypress-real-estate-advisors-plans-mixed-use-development-for-austin\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cypress-real-estate-advisors-plans-mixed-use-development-for-austin\/#primaryimage\",\"url\":\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/08\/Burnet-MPlaceAustin.jpg\",\"contentUrl\":\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/08\/Burnet-MPlaceAustin.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cypress-real-estate-advisors-plans-mixed-use-development-for-austin\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Cypress Real Estate Advisors Plans Mixed-use Development for Austin\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/340a1a5e8e7dd137bd91ca1dd3a2e9d7\",\"name\":\"Anca Gagiuc\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/d3faafbc9e42cee6d04189129d2ee35dc7818b52bae9848e065f3b86af1df47e?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/d3faafbc9e42cee6d04189129d2ee35dc7818b52bae9848e065f3b86af1df47e?s=96&d=mm&r=g\",\"caption\":\"Anca Gagiuc\"},\"description\":\"Anca Gagiuc brings more than a decade of experience within the real estate industry. 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