P3 With Community College to Revitalize Mall Complex

Austin Community College in Texas is partnering with RedLeaf Properties and Greystar Real Estate Partners to add shops and apartments to the former Highland Mall complex.

ACC owns the property, which will add two apartment buildings and 25,000 square feet of space for stores and restaurants. The apartment buildings will have 390 units in total. Construction will begin later this year, reaching completion in about 18 months.

“The Highland redevelopment has become one of the most-anticipated real estate projects in Central Texas and a stellar example of a successful public-private partnership that results in a more thoughtful, more vital and more popular project for everyone involved,” Greystar managing director Derek Brown said.

To learn more, click here.

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