The Lake Travis area has experienced considerable growth over the past ten years. With one of the state’s top public-school systems, the beauty of the Texas Hill Country, the recreational lifestyle on Lake Travis, and the numerous area golf courses and other recreational opportunities, the community has been a popular landing place for out-of-state affluent families. This results in housing and incredible commercial development opportunities. The Austin metro area is yoked with considerable regulation and a high cost of commercial development. New businesses are excluded from developing smaller sites as they are cost prohibitive. There have been recent examples in the market showing considerable demand for this asset class, as it is preferrable to being in a larger retail or mixed-use center. A smaller stand-alone unit provides the tenant with better signage, better access for their customers, more presence in the market and a better profile. We have contracted for an ideal property that lends itself to this ‘mixed use village’ concept and is in a high traffic corridor. After analyzing recent comparable projects and market rents, our strategy will be to construct eight (8) 3,024 sq ft free-standing, one-story mixed-use buildings with fully completed interiors. This approach reduces costs considerably by building everything at the same time and accelerates our leasing.