Austin Development Updates — Friday, February 27, 2026
Good morning! Here's what's new in Austin real estate development.
📰 Today's Stories
1. Austin Light Rail Phase 1 Approved

Austin Light Rail Phase 1, part of Project Connect, is approved. Spearheaded by the Austin Transit Partnership, it aims to enhance public transit across multiple areas. Completion is set for December...
2. 138 Affordable Units Rising on Meadow Lake Blvd

Persimmon Point & Prospect Heights, a 138-unit project, is under construction at 7051 Meadow Lake Blvd, Austin, TX 78744. Developed by Austin Habitat for Humanity, it will offer affordable housing and...
3. Austin Approves 728 Affordable Housing Units

Eight AHFC Affordable Housing Developments, a 728-unit project, is approved in Austin. It includes mixed-use residential buildings, all units affordable.
This project significantly boosts Austin's af...
4. CrossPoint Business District Expands in Georgetown

CrossPoint Business District Phase 2, a mixed-use industrial project, is under construction in Georgetown, TX, west of I-35, north of SH-195, and south of County Road 143. Spanning 1,206,000 square fe...
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