Have you heard about The District?
By Jessica Furrer
The city of Round Rock is going to get its own shopping center similar to The Domain.
The District: Round Rock’s Next Evolution in Mixed‑Use Real Estate
A Groundbreaking that Redefines Growth
On March 6, 2025, Mark IV Capital, alongside W.E. O’Neil Construction, officially broke ground on The District—a 65½‑acre mixed‑use hub just south of SH 45 and northwest of Greenlawn Boulevard in Round Rock.
Vision & Scale: A Truly Integrated Community
- 4+ million sq ft of development across office, residential, hospitality, retail, and green space
- 2 million sq ft of office space with 15-story towers
- 150,000 sq ft for retail and restaurants
- 1.4 million sq ft of multifamily residential including a 316-unit first phase
- 300,000 sq ft for hotel/hospitality
- Walkability, green spaces, public plazas, and pedestrian-priority streets
Economic Engine & ROI
- $500M+ in private investment; $25M from the City for infrastructure
- Milestone-driven buildout through 2039
- Estimated 5,000 new jobs
- $40M in projected net revenue for the City over 20 years
Design Philosophy & Market Adaptation
The project has evolved from its 2017 origins, scaling up in response to market demand. Designs by STG integrate walkable paseos, plazas, and vertically-oriented mixed-use space. Infrastructure first, buildings next—topping out starts Q1 2027.
Strategic Location & Regional Context
Just steps from Dell HQ and key tech corridors, The District is Round Rock’s answer to the next-gen mixed-use movement—vertical, integrated, and dynamic.
Why The District Matters:
- Anchored by a strong population and business growth
- Walkable, experience-first design
- Phased execution reduces investment risk
- Public-private partnership builds investor confidence
What’s Next
- Infrastructure rollout (2025–2026)
- First vertical buildings (2027)
- Retail & office leasing activity
- Future phases to follow market trends
Bottom Line
The District is shaping up to be Round Rock’s signature development—modern, expansive, and community-focused. Whether you're an investor, tenant, or resident, this project promises to transform Round Rock's skyline and economy for years to come.
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