Austin

Qualico Communities Austin has secured the final approvals needed to proceed with its latest master-planned community of Mason.

Qualico Communities Austin’s proposed Triada master-planned community received approval at last week’s Elgin City Council meeting. The approval provides the City of Elgin with a new community that has a key north-south arterial street and a 15-acre sports complex.

Many of the Qualico US Region’s multi-family projects involve joint-venture partnerships with other companies and ‘merchant building’, where apartments are constructed, leased up, and then sold, with funds invested into new projects. In 2023, projects in Texas and California continued to see forward momentum.

Pacesetter Homes Texas has once again earned a place on the Top 100 Builder List, a prestigious list that honors the most successful home builders across the United States. It marks their seventh year in a row among America’s top homebuilders, closing 793 homes in 2022.

Pacesetter Homes Austin is breaking the mould of a traditional single-family homebuilder by entering the multi-family townhome market in Round Rock, Texas. By doing so, the homebuilder is looking to capitalize on millennial homebuyers facing an average rental rate that has increased 31% in the Austin area over the past couple of years.

Pacesetter Homes Austin has partnered with Circle of Hope Community Center, a non-profit organization dedicated to helping those experiencing food insecurity that serves around 600 people per week. The partnership stems from a Volunteer Day experience Pacesetter Homes Austin employees had, where they learned about the services Circle of Hope provides and the growing needs of the organization.

Qualico's US Multi-Family joint venture projects in 2022 were defined by grand openings, new stages, and upcoming starts.