Global Design Firm PDR Expands Presence in Austin

PDR, a Texas-based design, architecture, and consulting firm with work around the globe, is amplifying its presence in Austin by adding key leadership to its local team. Amy Collins, formerly an Associate Principal of the Houston office, has been named Principal and Director of Design of the Austin office. She joins Shawna Hills who has been promoted to Business Development Director. Emily Mehigan has also joined the firm as an Associate and Lead Designer.

Headquartered in Houston, PDR has a diverse set of clients from the world’s largest oil and gas companies and technology innovators to fintech and law firms. PDR, which focuses on interior architecture, opened its Austin office in 2017 and quickly got to work on multiple projects. The team now includes 11 employees who have backgrounds in design, architecture, brand, and project management. Current work includes law firms such as DLA Piper LLP, and McLean & Howard LLP; corporate offices for USAA, Ottobock North America, Piper Sandler and Find What Feels Good; and numerous multifamily projects for developers such as Johnson Trube & Associates, and DMA Companies.

“We are excited about our growth in Austin and the opportunities to bring PDR’s unique approach of designing first and foremost for a positive human experience and organizational success,” said Lauri Goodman Lampson, PDR President and CEO. “As the Austin area continues to grow, bringing in new companies with cross-generational workers, we look forward to growing and elevating our ability to create exceptional workplace experiences that are designed to evolve over time and bring value to clients in this market.”

PDR works with global companies, local businesses, real estate advisors and developers to redefine the high-performance workplace. From early strategy development, design and architecture to initiatives leading to occupancy, PDR looks at a client’s needs holistically and brings together architecture and design, consulting, and brand experience to improve the human experience, impact business performance and foster organizational transformation.

More about the personnel changes:

Amy Collins, Principal and Director of Design

Collins oversees the expansion of the Austin team and serves as PDR’s Director of Design, guiding projects from concept to completion. With two decades of experience in workplace design, Collins has led high profile interior projects, planned corporate campuses, and created award-winning environments that engage the people who inhabit them. She most recently worked in PDR’s Houston office as an Associate Principal.

Shawna Hills, Business Development Director

Hills’ ability to serve as a trusted advisor and relationship builder has expanded the Austin studio, where she will continue to grow the client and project roster. With an impressive 20-year background in workplace interiors, Hills’ talent, leadership, and passion for excellence have earned her a loyal following with clients, consultants, and team members. She previously served as PDR’s Regional Director.

Emily Mehigan, Associate and Lead Designer

A new hire to PDR, Emily Mehigan was previously an Interior Project Designer at Perkins + Will. Mehigan brings over 10 years of commercial design experience, ranging from corporate clients to multifamily and retail spaces around the world. She will manage and lead all phases of design and construction, combining creativity, current design trends, and industry standards with technical knowledge to ensure a beautiful and functional product.

Koontz Corporation Announces New Class A Multi-Family Apartment Project in San Antonio

Koontz Corporation’s New 300-Unit Multi-Family Apartment Community Will Add More Walkability to San Antonio’s Northwest Sector

SAN ANTONIO—July 14, 2021. San Antonio-based Koontz Corporation today announced it will break ground in early 2022 on a new 300-unit class A multi-family apartment community at 12631 Vance Jackson Road on the site previously occupied by the Regal Fiesta 16 movie theater. Currently referred to as “Fiesta Trails Apartment Community”, the developer plans to release the formal name and branding at a later date.

“We are excited to bring a first class multi-family residential development to this vibrant area of San Antonio,” said Koontz Corporation President and CEO Bart Koontz. “Its infill location with plenty of nearby grocery, retail, and restaurant choices, make it an ideal site. Introducing this residential element will essentially transform it to the kind of mixed-use development that is in high demand today and will have strong appeal for young professionals.”

Situated on 10.36 recently rezoned acres, the four-story Fiesta Trails Apartment Community will offer 300 luxury one- and two-bedroom apartment residences with a myriad of on-site amenities including two swimming pools and a dog park. The development will encompass 267,000 square feet and provide ample parking for its residents.

The project site is located adjacent to the high-traffic regional intersection of IH-10 and DeZavala providing convenient access to many of the area’s major employment centers including UTSA, South Texas Medical Center, USAA and numerous other corporate employers. The site offers abundant retail choices in the immediate vicinity including major retailers H-E-B, Walmart, Home Depot, Marshalls, Bob Mills Furniture, Petco, and Spec’s. In addition, the Shops at La Cantera and the The Rim are located only two to three miles north of the site and the Huebner Oaks Center is just one mile to the south. Residents will also enjoy direct access to IH-10 through Fiesta Trails Shopping Center, as well as proximity to Loop 410 and Loop 1604.

Koontz Corporation recently purchased the property from Weingarten Realty and successfully petitioned the San Antonio Zoning Commission to rezone the tract to allow for the 300-unit residential development.

Koontz Corporation, will serve as developer and general contractor in collaboration with Garcia + Associates Architect and Pape-Dawson Engineers Inc. for the development, which is expected to be completed sometime in 2024.

“San Antonio is our home and one of the fastest-growing most exciting cities in the nation,” said Koontz. “It’s a great place to live and work, and anytime we can enrich our community with outstanding residential spaces, we are proud to do so.”

Keybank Secures $104.6 Million of Financing for Two Affordable Housing Properties in Texas

KeyBank Community Development Lending and Investment (CDLI) secured $104.6 million of financing for The NRP Group to develop two affordable multifamily housing properties in San Antonio:

$46.6 million for the 318-unit Seven07 Lofts
$60.6 million for the 348-unit Frontera Crossing

Seven07 will feature a mix of one- to four-bedroom units that will be restricted to those earning between 40% and 70% of the area median income (AMI). The 100% low-income housing tax credit (LIHTC) project, which will be co-developed with the San Antonio Housing Facility Corporation, will feature amenities in line with market-rate competitors, including a fitness center and pool.

The $32.1 million tax-exempt construction-to-permanent loan and the $14.5 million taxable equity bridge loan are 36-month terms, and the permanent loan is for a 15-year term, amortizing for 40 years after conversion. KeyBank will purchase bonds issued by the Las Varas Public Facility Corporation and make the loan to NRP.

Frontera will comprise 13 three-story residential buildings, a freestanding laundry center and maintenance shop, and a community building. All units will be restricted to those earning 40% to 70% of the AMI. The unit mix includes one-, two-, three- and four-bedroom floor plans.

CDLI will be a co-lender on a $33.7 million tax-exempt construction loan that will be converted into a permanent loan and a $16.6 million taxable equity bridge loan. KeyBank will purchase its pro-rata share of tax-exempt bonds issued by Las Varas Public Facility Corp. and make the loan to NRP. Upon conversion, KeyBank will purchase the other co-lender’s share of the $33.7 million tax-exempt bonds and convert them to a $33.7 million permanent loan. The $16.6 million equity bridge loan will be repaid from low-income housing tax credit equity.

Jason Arechiga, NRP’s senior vice president of development, is proud of both developments and looks forward to contributing to the positive growth in San Antonio.

“With these two community developments, NRP will bring more than 650 affordable multifamily apartment homes to areas of our city seeing monumental growth,” Arechiga says.

Kyle Kolesar of KeyBank’s CDLI team structured the financing for both properties.

The NRP Group is a vertically integrated developer, owner, builder and manager of best-in-class multifamily housing based in Cleveland.

United Properties Breaks Ground on Buda Midway

AUSTIN (June 30, 2021) — United Properties announced today that it has begun construction on phase I of its first Austin-based project, Buda Midway, a 474,000 sq. ft. Class A industrial development located on Fire Cracker Drive in Buda, Texas. The development will ultimately encompass 800,000 sq. ft. when completed.

“Buda Midway is exactly the kind of high-caliber project we’ve been planning to pursue from the very start,” said Josh Delk, senior vice president, Austin commercial development, whose appointment was announced in April 2020 with the opening of the United Properties – Austin office.

“Demand for industrial real estate in Central Texas is extremely high and space is very limited, with not enough industrial product on the ground or in the pipeline to satisfy near-term demand,” Delk said. “Buda Midway, which will ultimately include over 800,000 sq. ft. of Class A, institutional-grade warehouse and manufacturing facilities, will be well-positioned to take advantage of strong market conditions with an unrivaled location in Buda, in close proximity to Austin while also offering the ability to service the flourishing suburbs in Hays County, south of Austin.”

He added that the project offers excellent means of ingress and egress, access to major highways, high visibility from Interstate 35 and proximity to restaurants and retail. “We’re also very proud of the building design with its clean aesthetic, which will provide a fine front door for high-quality tenants in the market,” Delk said.

Phase I of the Buda Midway project will contain three buildings on 35.88 acres totaling just over 474,000 sq. ft. Buildings 1 and 2 will feature a rear-load design, each at 115,090 sq. ft. Building 3 will offer a cross-dock design at 244,285 sq. ft. with an expected completion date of the first part of 2022. Phase II, which will be completed at a later date, will include up to an additional three buildings with another 326,000 sq. ft. available on the site.

Buda Midway is located at the crossroads of IH-35 and SH-45, offering quick and easy access to the Austin-Bergstrom International Airport, every major Texas highway and cities such as Austin, Round Rock and Temple to the north; and San Marcos, New Braunfels and San Antonio to the south. The site is in close proximity to a variety of amenities, including restaurants, hotels and shopping. Once finished, the buildings will provide 30’-36’ clear heights and ample dock doors and trailer parking, as well as 200-plus parking spots, including car charging stations.

“We’re applying thoughtful design to Buda Midway to ensure it enhances the surrounding community, including an architectural plan that includes beautiful design and landscaping with plenty of greenery and retention ponds,” said Delk. “We believe Buda Midway complements the city itself. We’re confident it will become an integral part of the economic and social fabric of the community — a good neighbor providing jobs and giving back.”

“Buda has strived to provide more employment opportunities for our residents and those in the surrounding area,” said Traci Anderson, Buda Economic Development Corporation (EDC) executive director. “United Properties is bringing a high-quality development to Buda that will give people the opportunity to work closer to home.”

Buda Midway is part of a joint-venture partnership between United Properties and PCCP, a Los Angeles-based real estate investment and management firm, that plans to develop an 11-building industrial portfolio in Minneapolis, Denver and Austin.

Project partners include Aquila Commercial, Kimley-Horn Design and Engineering Consultants, Powers Brown Architecture, RC Page Construction and Hitchcock Design Group. For more information, visit budamidway.com.

Since United Properties announced its market entry in April 2020 with Delk’s appointment, the Austin team has grown to include Chris Mase, vice president, construction management, and Brenda Studt, development manager. United Properties – Austin opened a new headquarters office at 1617 West 6th Street, Austin, in December 2020.

Delk indicated that he and his team are working on several fronts, from industrial development to mixed-use and residential, throughout Austin and the surrounding areas.

“We’ve been here just a little over a year, and despite the challenges we’ve faced with the pandemic, we are full steam ahead, beginning with Buda Midway — with more to come,” he said.