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Developer Secures $2.9 Million for South Austin Office and Retail Project

AUSTIN-Benchmark Land Development has the fiscal go-ahead for an office and retail project in the city's southern corridor. The developer has secured $2.9 million for the Legend Oaks Plaza, which will deliver about 27,000 sf to the market.

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Legend Oaks Plaza, a mixed-use project planned for south Austin, has been given the green light.

Benchmark Land Development has received $2.9 million to begin construction on a complex located at the southwest corner of William Cannon Dr. and Ridge Oak. The project will consist of a two-story, 16,198 sf office building and a one-story, 10,740 sf mixed-use retail building.

Robert Faust Mortgage Co. of Dallas, which has financed several projects for Benchmark in the past, has arranged the mortgage.

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