Austin Real House Properties, the Austin-based real estate giant, has a plan to move into Dallas’ downtown core.
The company recently filed a federal trademark application for its Austin City Market site in the CBD.
The plan is for the company to open a brand new retail store in the area, with plans to offer its services to developers, homebuyers, and other entities looking to relocate downtown.
In its filing, Austin City Markets describes the site as an “integrated residential complex with multiple floors and multiple floors of retail and residential space.”
The filing is set to go before the U.S. Patent and Trademark Office next month.
The company says that it plans to start building “residential units” this summer.
The site is set for a planned “full renovation” in early 2019, with construction slated to start next summer.
As for the future, the company says it is currently looking to “add more retail space” to the site.
“In the meantime, we continue to explore potential commercial, office, and residential uses for the site,” Austin City Marks says.
Austin City Markets plans to “work closely” with Dallas’ City Council, which is currently in the process of voting on a resolution to allow for development of the site in 2018.
“We look forward to working with our Dallas City Council partners as we build out our retail footprint in the City Market District,” the company’s filing states.