{"id":1004134765,"date":"2016-01-15T05:51:20","date_gmt":"2016-01-15T13:51:20","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004134765"},"modified":"2020-05-11T02:49:48","modified_gmt":"2020-05-11T10:49:48","slug":"riverside-resources-mounts-mixed-use-project-in-suburban-austin","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/riverside-resources-mounts-mixed-use-project-in-suburban-austin\/","title":{"rendered":"Riverside Resources Mounts Mixed-Use Project in Suburban Austin"},"content":{"rendered":"<p>By Barbra Murray, Contributing Editor<\/p>\n<p><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/01\/Presidio-Cedar-Park-Tex.-1.jpg\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004134769\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/riverside-resources-mounts-mixed-use-project-in-suburban-austin\/presidio-cedar-park-tex-1\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/01\/Presidio-Cedar-Park-Tex.-1.jpg\" data-orig-size=\"2025,1299\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Presidio, Cedar Park, Tex. &#8211; 1\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/01\/Presidio-Cedar-Park-Tex.-1.jpg?w=1024\" class=\"alignright size-medium wp-image-1004134769\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/01\/Presidio-Cedar-Park-Tex.-1.jpg\" alt=\"Presidio, Cedar Park, Tex. - 1\" width=\"300\" height=\"192\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/01\/Presidio-Cedar-Park-Tex.-1.jpg 2025w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/01\/Presidio-Cedar-Park-Tex.-1.jpg?resize=300,192 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/01\/Presidio-Cedar-Park-Tex.-1.jpg?resize=768,493 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/01\/Presidio-Cedar-Park-Tex.-1.jpg?resize=1024,657 1024w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/01\/Presidio-Cedar-Park-Tex.-1.jpg?resize=1536,985 1536w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><a href=\"https:\/\/www.rivres.com\/\" rel=\"nofollow\" target=\"_blank\">Riverside Resources<\/a> just took a big step forward in its plan to create a live-work-play destination in Cedar Park, Texas, with the commencement of construction on Presidio, a 100-acre project designed to add a new spark to the rapidly expanding suburban Austin town.<\/p>\n<p>Sited roughly 20 miles north of Austin, Cedar Park is undergoing a growth spurt; the U.S. Census Bureau ranked it the fourth fastest-growing city in the country in 2014 and Riverside Resources is cashing in on that growth. Presidio, considered by the company to be an extension of the area\u2019s technology corridor, will sprout up on Parmer Lane and ultimately feature residential units, retail space, lodging accommodations and, most notably, 500,000 square feet of office space.<\/p>\n<p>\u201cRiverside Resources believes Cedar Park has done a great job creating a dynamic welcoming community. We also believe Cedar Park is in a better position than ever to accommodate growing corporate tenants&#8230;and hope this project will be the tipping point for the office market,\u201d Riverside Resources\u2019 Win Smith told CPE. But it\u2019s not just the city\u2019s growth that is spurring demand for office space; it\u2019s the drive. As Smith noted in a prepared statement, increasingly challenging traffic conditions are such that a growing number of area employers are becoming eager to set up shop in Cedar Park so they can be in close proximity to where employees live\u2014and play.<\/p>\n<p><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/01\/Presidio-Cedar-Park-Tex.-2.jpg\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004134770\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/riverside-resources-mounts-mixed-use-project-in-suburban-austin\/presidio-cedar-park-tex-2\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/01\/Presidio-Cedar-Park-Tex.-2.jpg\" data-orig-size=\"3582,1781\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Presidio, Cedar Park, Tex. &#8211; 2\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/01\/Presidio-Cedar-Park-Tex.-2.jpg?w=1024\" class=\" size-medium wp-image-1004134770 alignleft\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/01\/Presidio-Cedar-Park-Tex.-2.jpg\" alt=\"Presidio, Cedar Park, Tex. - 2\" width=\"300\" height=\"149\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/01\/Presidio-Cedar-Park-Tex.-2.jpg 3582w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/01\/Presidio-Cedar-Park-Tex.-2.jpg?resize=300,149 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/01\/Presidio-Cedar-Park-Tex.-2.jpg?resize=768,382 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/01\/Presidio-Cedar-Park-Tex.-2.jpg?resize=1024,509 1024w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/01\/Presidio-Cedar-Park-Tex.-2.jpg?resize=1536,764 1536w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/01\/Presidio-Cedar-Park-Tex.-2.jpg?resize=2048,1018 2048w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/01\/Presidio-Cedar-Park-Tex.-2.jpg?resize=150,75 150w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/01\/Presidio-Cedar-Park-Tex.-2.jpg?resize=696,346 696w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/01\/Presidio-Cedar-Park-Tex.-2.jpg?resize=1068,531 1068w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/01\/Presidio-Cedar-Park-Tex.-2.jpg?resize=1920,955 1920w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/01\/Presidio-Cedar-Park-Tex.-2.jpg?resize=845,420 845w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/01\/Presidio-Cedar-Park-Tex.-2.jpg?resize=324,160 324w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>Presidio\u2019s first phase will span 26 acres and encompass 74,000 square feet of Class A office space, half of which has already been claimed by <a href=\"https:\/\/www.acitexas.com\/\" rel=\"nofollow\" target=\"_blank\">American Constructors<\/a>. The project\u2019s initial phase will also include 320 multifamily units in a five-story complex to be built by <a href=\"https:\/\/www.nrpgroup.com\/\" rel=\"nofollow\" target=\"_blank\">The NRP Group<\/a>; 21,000 square feet of retail\/restaurant offerings that will be developed by <a href=\"https:\/\/www.cordovarev.com\/\" rel=\"nofollow\" target=\"_blank\">Cordova Real Estate Ventures<\/a>; and a 100-room hotel. American Constructors is scheduled to move into its new office digs in the fall of this year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Riverside Resources has begun the first phase of construction on a massive 100-acre, live-work-play project in Cedar Park, one of the country&#8217;s fastest-growing cities.<\/p>\n","protected":false},"author":969,"featured_media":1004134771,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1578,21782,21808,21751,21742,21747,21749],"tags":[],"class_list":["post-1004134765","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-austin","category-development","category-featured","category-hotel","category-latest","category-office","category-retail"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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