OTHER PROJECTS

Waller Park Place (Austin, Texas) Waller Park Place is a mixed use project comprised of 1.4 million square feet of office, for lease residential, condominiums, hotel, and retail located at the corner of Cesar Chavez and Red River on Waller Creek in downtown Austin. This property is currently in the site development permit process and is scheduled to break ground in early 2015.

Rainey Gateway Center (Austin, Texas) This one million square foot mixed use project was located in the Rainey Street District in downtown Austin. This property was entitled by for hotel and condominiums and was sold to the Dinerstein Group from Houston in 2012.

Littlefield Center (Austin, Texas) This mixed-use project in the bustling Austin Downtown, provides a great Live/Work/Play environment for Austin residents. Littlefield Center contains 24 apartment units, over 30,000 SF of retail, and more than 550 parking spaces. With its great location on the corner of 6th & Brazos, it is just a stone’s throw away from Congress Ave. and the 6th Street Entertainment district. Sold in 2007.

8888 (Austin, Texas) 8888 is an amazing alternative for the residents of Northwest Austin. Located just minutes away from the Arboretum near the intersection of Mopac and Research Blvd. (US-183) 8888 sits is in the heart of Austin’s premiere shopping district, is just a short drive to all of Austin’s major employers, and provides quick access to Downtown entertainment. Sold out in 2008.

The Pier (Austin, Texas) Sutton purchased this iconic site on Lake Austin in 2005. A dry-stack boat storage facility was planned with a Maudie’s Restaurant, but the project was sold to our neighbor in 2007.

Condominium Projects:
The Plaza Lofts (Austin, Texas) The Plaza Lofts is a 150,000 square foot property in downtown Austin located at the southeast corner of Fifth and Guadalupe across from Republic Square Park. This project was completed in the third quarter of 2002 and is comprised of 60 luxury condominium lofts configured in a high-rise environment. The project had a total investment approaching $20,000,000. This project sold out in 2002.

Avenue Lofts (O’Henry) (Austin, Texas) Purchased in September of 1997, this property was developed into 38 luxury loft condominiums. The building was previously owned by the State of Texas as the Anson Jones State Office Building and has approximately 58,000 square feet of building area. The project sales were in excess of $10,000,000 and were sold out by 2000.

Brazos Lofts (Austin, Texas) Purchased in early 1997, this property was developed into 39 luxury loft condominiums from five buildings built in the early 1900’s. This project was completed in the first quarter of 1999 and was the first loft conversion to be sold in the Austin area. Total project size is approximately $10,000,000 and sold out by 2000.

The Springs (Austin, Texas) The Springs condominiums sit in the heart of Austin’s fun district. This conversion of 40-units was a great addition to the Barton Hills neighborhood. This project was completed in the first quarter of 2007 and sold out in 2008.

The Waterfront (Austin, Texas) The Waterfront was a 48 unit condominium development offering Downtown views on the shores of Town Lake in beautiful Austin, Texas. With easy access to Downtown and all of Austin’s amenities, units sold out quickly with completion occurring in the first quarter of 2007.

The Enclave at 1550 (San Antonio, Texas) The Enclave at 1550 is a 21-story high-rise apartment building located in the northwest quadrant of San Antonio, Texas near the IH 10 and Loop 410 intersection. The project contained 127 units and was converted into a luxury condominium building. In addition, there is adjacent property suitable for approximately 70 garden homes to be constructed in the near future. The total investment, including the garden homes, exceeded $17,000,000. This project sold in 2005.Office Development:
The Sutton Building (Austin, Texas) Located in prestigious Westlake Hills, this property was purchased by The Sutton Company as a 12,000 square foot frame office building in March 1993. The structure was constructed to its present condition and was Sutton offices for several years. Currently it houses various tenants.Blackacre Office Park (Austin, Texas) Purchased in 1991, this premium
location was approved in 1995 for 45,000 square feet of Class A office space in the West Lake Hills on Bee Caves Road near Loop 360.Pecan Business Park (Austin, Texas) Purchased in February 1993, Pecan Business Park is a 67,152 square foot office/warehouse complex located near AMD and Sematech in southeast Austin. The building was recently sold to an Austin-based investment group.Anderson Lane Buildings (Austin, Texas) Purchased in December 1992, the two buildings are located at 1200 and 1212 East Anderson Lane in Northeast Austin. These buildings were leased to Apple Computer in December 1992 and subsequently resold in September 1993 to an investor group headed by Robertson Stephens of San Antonio. This was Apple’s first home in Austin.

Neighborhood Development:
Homewood (Houston, Texas) Purchased in February 1994, Homewood has 28 estate garden home sites set amid a gently rolling landscape in the Tanglewood area. Homewood’s location is contiguous to former President Bush’s new neighborhood and home sites were marketed for $235,000 – $260,000.

The Cloister (San Antonio, Texas) This premier site is located in the heart of Alamo Heights on Broadway Blvd. The existing church building was remodeled to accommodate 21,000 sq. ft. of upper end retail and office space along with 20 townhome units. This project was sold in 1995.

Quest Towne Centre (Cedar Park, Texas) Purchased in February 1994, Quest Towne Centre was planned as a 330 lot multi-phase residential subdivision with fifty-one acres dedicated to commercial usage. It was sold in 1995 to another investment group.

Hunterwood (Davenport West) (Austin, Texas) Purchased in July 1993, this 45-acre planned unit development is located west of Loop 360, adjacent to St. Stephen’s Episcopal School. The first phase consisted of twenty 1+ acre lots, some of which feature lake views. Homes in this phase range from $500,000.00 to over $1,000,000.00.

Island at Westlake (Austin, Texas) Purchased in August 1993, the Island at Westlake is located at Westlake Drive and Westlake Pass on Lake Austin. This 16-acre tract has been developed as a private luxury subdivision consisting of 11 lots. Lot prices will range from $225,000 to $400,000 each.

Sutton Court (Houston, Texas) Purchased in November 1993, Sutton Court is a twenty-lot luxury garden home neighborhood located adjacent to River Oaks along Westheimer. This private walled and gated community had sites marketed for $160,000 to $280,000.

Park at Saddlebrook (Houston, Texas) Purchased in September 1993, the Park at Saddlebrook is set amid seven and one-half heavily wooded, bayou-front acres located on Memorial Drive east of Chimney Rock. Homes in the subdivision ranged from 3,000 to 4,500 square feet and priced between $475,000 and $750,000.

Los Indios (Austin, Texas) Los Indios is a multi-family tract located in Northwest Austin. Site plan approval for approximately 250 units was given in the late fall of 1994. The property was sold in May 1995 to Admiralty Development Corp.

Las Lomas (San Antonio, Texas) Purchased in February 1993 and located in Stone Oak, North San Antonio, Las Lomas was developed into more than 500 residential lots. Forty-two acres will be used for commercial and apartment development. Homes range from $140,000 to $250,000.

The Club at Wells Point (Pflugerville, Texas) Purchased in March 1993 this 740 lot multi-phase residential subdivision which features a full service amenity center including Olympic pool and park facilities. An existing middle school and an elementary school site are located contiguous to the subdivision. Construction in Phase A-1 is complete and all 195 lots have been sold to regional and national builders.

Krenek Estates (Austin, Texas) Krenek Estates is an exclusive eight lot subdivision in West Lake Hills with lot prices ranging from $75,000 – $100,000. All the lots were completed and sold in 1993.
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The Estates at Champions Run Phases I and II (San Antonio, Texas) Purchased in October 1992, the Estates at Champions Run is an upper-end 192 lot subdivision in the Stone Oak master planned community on San AntonioÕs north side. Capital investments were in excess of $4,000,000. Phase I consists of 124 residential lots ranging in price from $35,000 to $75,000, while Phase II consists of twenty-three 3-acre home sites which were marketed at $125,000 to $200,000 each.

The Commons at Cross Valley Run (Austin, Texas) This 14-lot residential subdivision at Cross Valley Run and Mount Bonnell Road in Northwest Austin had all lots sold to Capital Homes. Home prices ranged from $225,000 to $275,000.

The Enclave at Mesa (Austin, Texas) Purchased in April 1993, the Enclave at Mesa is a 25 lot luxury subdivision in the heart of Northwest Hills. The property is bounded by Mesa Drive, Greystone Drive and Running Rope. All lots within the subdivision have sold. Homes in the subdivision were priced between $375,000 and $550,000.

Great Hills (Austin, Texas) Purchased in July 1992, Great Hills is an 80-lot subdivision located in Northwest Austin near Loop 360 and U.S. 183. Buffington Homes and Brighton Homes purchased all 80 lots.

North Park is a 173-lot subdivision on Pflugerville’s west side. Clark Wilson Homes and Buffington Homes built out the subdivision since the completion of the subdivision was obtained in December 1993.

Round Rock Ranch (Round Rock, Texas) Purchased in October 1992, Round Rock Ranch is comprised of 299 acres of raw land and 130 residential lots. All of the Phase One lots were sold to builders and the remaining acreage was sold to another investment group.

Stratford Hills (Austin, Texas) Purchased in December 1991, Stratford Hills is an estate lot subdivision on Lake Austin just east of Red Bud Trail. The Sutton Company won a competitive bid to acquire this land from the University of Texas and the lots within the subdivision were sold for $120,000 to $550,000 each.

Estates at Blackacre (Austin, Texas) Purchased in November of 1991, the Estates at Blackacre is a 16-lot single-family luxury subdivision on Bee Caves Road. All lots sold within 6 months of completion of subdivision improvements at an average price of $120,000 per lot.

Other Developments:
Escala Resort at the Canyons (Park City, Utah)The Escala Resort at the Canyons is a multi-phased ski in, ski out condominium project located adjacent to the Canyons Ski Resort in Park City, Utah. Construction was scheduled to begin in the second quarter of 2004 with a total investment of approximately $60,000,000 but was sold to Hyatt Hotels Corporation. It now resides as a luxury ski resort, the Hyatt Escala Lodge at Park City.

Bluebonnet Market (Austin, Texas) Purchased in early 1997, this property was originally planned as another loft conversion. In mid-year the City of Austin purchased the property from our partnership as part of the Austin Convention Center expansion.