Bouldin Area Projects Skyrocketing Resident Influx

The 86,700-square-foot mixed-use development is to be located in an active part of Austin.

AUSTIN, TX—With Bouldin neighborhood’s recent population and job growth, this section of Austin suffers from a scarcity of residential, commercial and parking space, and a new mixed-use condo and commercial development should help meet the local community’s demand. This new property’s location at 1600 South 1st St. in South Austin positions it just one mile south of the Austin central business district, providing prime access to restaurants, retail and entertainment options.

“Over the past few years, Austin has become one of the most significant markets in the tech and music scenes, and the area’s population and economy are clearly on the rise,” Jason Parker with Mission Capital Advisors tells GlobeSt.com. “Nowhere is this increasing vitality more pronounced than in this section of South Austin. With its ideal location near the city’s CBD, the population in a 1-mile radius of 1600 South 1st has skyrocketed by 27% in less than 10 years, and population growth is expected to continue at a similar rate for years to come.”