AUSTIN, TEXAS (June 22, 2022) — The local office of United Properties, a Minneapolis-based real estate developer and investor, today announced Phase 1 at Buda Midway is 100% leased and will soon break ground on the second phase of its 70-acre Buda Midway industrial development, ultimately bringing over 850,000 sq. ft. of space to the market.

Phase 1 consists of three buildings totaling nearly 480,000 sq. ft. Building 1 is 115,090 sq. ft. and leased by CED Greentech and Sherri Hill. Building 2 is 115,090 sq. ft. and Building 3 is 244,240 sq. ft.; both are leased by Four Hands Furniture. Buildings 1 and 2 will be fully delivered this month and Building 3 will be completed in July.

“We have seen strong leasing demand for our first phase at Buda Midway from the modern tenant looking for premium amenities, energy-efficient spaces and a sophisticated aesthetic,” said Leigh Ellis, principal, AQUILA Commercial. “Beyond Buda Midway’s design attributes, its sought-after location being only one exit south of Austin has played a major role in pre-leasing efforts. We are grateful to the City of Buda who worked with us from the start to recruit top-notch tenants to the area.”

Phase 2 of Buda Midway will include four rear-load buildings totaling nearly 390,000 sq. ft. and Building 1 is set for completion in spring 2023. The development is located at 1795 Fire Cracker Dr., east of IH-35 in Buda, Texas.

Buda Midway is situated just five minutes south of the intersection of IH-35 with SH-45, providing tenants immediate proximity to Austin. The site allows for quick access to the northern suburbs of Round Rock and Temple, as well as south to San Marcos and San Antonio.

Companies who choose to locate in Buda may have access to Triple Freeport exemptions, as well as incentive opportunities and other resources through the City of Buda and the Buda Economic Development Corporation.

“Buda Midway has been a great project for United Properties and for the City of Buda and surrounding areas,” said Brenda Studt, senior development manager, United Properties. “We’re excited for the tenants who will call it home and proud to deliver one of Austin’s most desirable business parks to meet the ever-growing need for class A industrial space.”

This is the first Austin-area project from United Properties and the firm is working on several fronts in the region, from industrial development to mixed-use and residential. With a proven track record of creating value, United Properties is recognized in the industry for its operational excellence, innovative approach and steadfast commitment to the communities it serves.

Leigh Ellis, Omar Nasser and Blake Patterson with AQUILA Commercial handle the leasing for Buda Midway.

For more information about the property, visit the Buda Midway website: www.budamidway.com.

About AQUILA Commercial

Founded in 2007, AQUILA Commercial is a recognized leader in Austin commercial real estate. Today AQUILA manages and leases over 16.5 million square feet of office, industrial and retail properties and has over 600 corporate tenant representation clients. AQUILA offers clients full-service real estate solutions, providing tenant representation, project leasing and asset, property and project management services for office, industrial and retail properties. For more information, visit: www.aquilacommercial.com.

AUSTIN, TEXAS (June 8, 2022) — United Properties announced today the groundbreaking of Bishop Momo, a new mixed-use development project with apartments and retail located just 3.5 miles south of downtown Austin in the St. Elmo district. The former industrial area is now a vibrant and growing creative district with dozens of restaurants, breweries, cafés and stores.

The multi-use project will combine 274 studio, one-bedroom and two-bedroom residences across five stories with 5,840 square feet of retail space at street level. Ten percent of the residential units will be priced for low-income families and individuals.

“Bishop Momo’s residences will incorporate upscale finishes and luxury amenities in ways that don’t feel generic or corporate,” said Brenda Studt, senior development manager, United Properties. “This is a project with industrial-inspired architecture that was creatively designed to fit into the thriving St. Elmo district in a thoughtful and authentic way.”

Residents of the stylish and modern community will have access to an outdoor pool and two shared greenspaces, solar-powered common areas, a fitness center, parking, a co-working lounge and reservable private offices, universal high-speed wi-fi, state-of-the-art air filtration systems and a smart home system that allows residents to use their phones to easily control their thermostats, and unlock the gate for friends and family to come in.

Designed with sustainability in mind and sensitivity to the area’s history and natural surroundings, Bishop Momo will include rooftop solar panels to offset common electricity use/expenses, energy-efficient appliances and HVAC systems, rain gardens and native plant landscaping, and the preservation of large, shade-creating heritage trees along South Congress Avenue.

Construction on Bishop Momo is anticipated to be complete by mid-2024.

Located at 4341 S. Congress Ave., Bishop Momo has easy access to I-35 and MoPac Expressway for commuters heading north or south into Austin or Hays County.

Project Connect, Austin’s $10 billion transit package, includes plans for a light rail station in the St. Elmo neighborhood near Bishop Momo, which will provide residents with access into downtown and up to The Domain in North Austin.

Bishop Momo was designed by Belshaw Mulholland Architects and is being constructed by OHT Partners, with interior design by Keaton Interiors. The community will be managed by Lincoln Property Company.

For more information, visit bishopmomo.com.