Next month, construction on The District, a 66-acre project near I-35 and State Highway 45 Toll Road in Round Rock, will get underway. The project is slated to total nearly 4 million square feet, including 2 million square feet of office space, 150,000 square feet of retail space, several apartment phases totaling about 1.4 million square feet and 300,000 square feet of hotel space. Investment is expected to exceed $500 million. It’s expected to bring 5,000 jobs at full buildout in 2039.

The Austin Business Journal reports that it’s been a long time coming. The original plans were approved six years ago. Mark IV Capital is helming the project.

The March groundbreaking for The District will kick off a 12-month infrastructure construction phase for the entirety of the project, led by general contractor W.E. O’Neil Construction.

The developers then plan to launch construction of the first vertical elements and have indicated that they should be finished by early 2027.

A lot has been written about Acadia’s ambitious project: buying up as many as a dozen Henderson Avenue properties to develop one large mixed-use project. Acadia spent $85.4 million in 2022 on individual parcels along the corridor. Acadia has partnered with Dallas-based Ignite-Rebees on the development, which will span about 161,000 square feet: 12,000 square feet of restaurant space, 75,000 square feet of retail space, and 74,000 square feet of office space.

The Dallas Business Journal reports construction has begun. The retail hub will occupy 4.75 acres on the east side of Henderson, on land that has been vacant for decades. The project is expected to be completed by fall 2026. Dallas-based architecture firm GFF was tapped to design the project and Balfour Beatty is the general contractor.

The office portion of the new development will be dubbed Henderson East. Office leasing will be overseen by Newmark and Setstudio is the interior designer for the office portion.