MIDTOWN COMMONS AT CRESTVIEW STATION TOD BREAKS GROUND

AUSTIN, TEXAS — Construction is underway on Midtown Commons at Crestview Station, a mixed-use, transit-oriented development (TOD) located in the northwest quadrant of Lamar and Airport boulevards in Austin. The 73-acre site, which will comprise office, retail and a variety of Class A luxury residential units, will be directly adjacent to a Cap Metro commuter rail station that opens this fall. The project’s first phase will be oriented around the transit station and will include 316 residential units, 30,300 square feet of retail space and 30,300 square feet of office space. Additional phases will follow in the near term. Midtown Commons at Crestview Station has received a 3-star rating from ENERGY STAR, a program of the U.S. Environmental Protection Agency and the U.S. Department of Energy. USAA Real Estate Co. is the capital partner on the project. High Street Residential, Trammell Crow Co.’s wholly owned subsidiary, is the developer.