Groundbreaking for The District in Round Rock
Mark IV Capital and W.E. O’Neil Construction break ground in Round Rock for The District
Round Rock city leaders and business executives celebrate the highly anticipated new mixed-use development
ROUND ROCK, Texas – In March, Mark IV Capital and W.E. O’Neil Construction broke ground on The District, a new 65.5-acre mixed-use development in Round Rock. Located at Greenlawn Blvd. and W. Pflugerville Pkwy., The development will feature retail, multifamily residences, office, hotel and green space. Infrastructure construction is fully funded and set for completion within 12 months.
“As a thoughtfully designed, integrated walkable development, The District will attract top-tier companies, create jobs and strengthen the city’s economic vitality for future generations,” Justin Basie, president of real estate at Mark IV Capital, said. “Our approach prioritizes smart growth, ensuring that every component—from office space to green areas—supports connection, innovation and long-term investment.”
With construction underway, The District aims to bring new opportunities for economic growth and community development in Round Rock.
“The District has moved beyond concept into reality,” Randall Tuller, senior vice president at Mark IV Capital, said. “We’ve designed this project to redefine mixed-use development in central Texas. The District will be a dynamic hub where businesses flourish and people connect. This investment reflects our enduring commitment to developing places that drive regional prosperity to enhance the quality of life. Today’s groundbreaking launches a transformation that will generate opportunities, fuel innovation, and impact this region for years to come.”
Mark IV Capital and W.E. O’Neil Construction celebrated the groundbreaking with community and civic leaders, including Round Rock Mayor Craig Morgan and Round Rock Chamber CEO Jordan Robinson. Guests enjoyed live music, refreshments and interactive experiences, including a 360-degree photo booth that placed them in a rendering of the $500 million development.
Click here to watch the video of the groundbreaking ceremony.
“The District is a game-changer for Round Rock, fueling opportunities for businesses and residents,” Craig Morgan, Mayor of Round Rock, said. “As one of Texas’s fastest-growing, best-managed cities, we remain focused on strategic development that drives progress and enhances quality of life. This development will drive growth by enhancing connectivity, attracting new businesses and creating dynamic spaces for work and living. This project reflects our commitment to thoughtful planning and ensures Round Rock remains a dynamic destination for residents, businesses and visitors alike.”
The District project team includes several top tier companies, with key contributions from STG Design, KFM Engineering & Design, Hitchcock Design Group, Greystar, Retail Street Advisors, and CBRE Global Commercial Real Estate Services. The project will support Round Rock’s growth by expanding infrastructure, and accommodating the region’s increasing population, which is expected to reach nearly 2.7 million in the Austin MSA by 2030.
Once complete, The District is projected to create 5,000 jobs and drive hundreds of millions to the local economy. It will add more than 1,500 multifamily units, 150,000 square feet of retail, and 2 million square feet of office space for companies looking to expand or establish a presence in the region.
To learn more about The District, visit VisitTheDistrict.com.
