Jones Lang LaSalle (“JLL”) is pleased to offer the exclusive opportunity to purchase Creekside Multifamily development Site at 2670 FM 1101, an approximately 15-acre garden multifamily development site (the “Property” or “Site”) located inside of the rapidly growing Austin-San Antonio Corridor along Interstate 35 (IH-35) in New Braunfels, Texas. Positioned less than a mile from IH-35 and around 10 minutes from downtown New Braunfels, the Site is located on the quickly growing northeast side of New Braunfels, within a city experiencing exuberant growth. All entitlements and zoning are in place for a multifamily development. The Site has a base zoning of MU-B AH AL or “High Intensity Mixed Use District” within the City of New Braunfels. The Site has been planned for 376 multifamily units within the city of New Braunfels along the FM 1101 corridor. This corridor is filled with demand drivers and development including but not limited to the new Resolute Baptist Hospital, Freiheit Village, Avenues at Creekside, and the existing Walmart & Sam’s Club Distribution center. 2670 FM 1101 is in close proximity to the area’s premier retail and entertainment options including New Braunfels Town Center at Creekside, Gruene Hall, and the San Marcos Premium Outlets.
- New Braunfels is one of fastest growing cities in America and on one of the fastest growing corridors in America, IH-35
- Site is entitled and zoned for future multifamily development
- Site is located in pocket where an extreme amount of recent commercial and residential development has happened and provides economic growth