Ryan Companies New Multifamily Development

Ryan Companies US, Inc., a national commercial real estate solutions provider, recently broke ground on a 347-unit multifamily community in Leander, a northwest Austin suburb. Ryan has partnered with Cadence McShane Construction Company, Humphrey & Partners Architects, Brue Baukol Capital Partners, and First Horizon Bank to bring its first multifamily deal to the area.  
“We are pleased to introduce another exciting multifamily project to the Austin area.” commented Marcy Philips, Vice President of Real Estate Development, Ryan Companies. “Blockhouse Creek Farm will be Ryan’s 3rd project breaking ground this year in the Austin MSA, totaling over 1,000 units in the marketplace.  Leander’s strong growth has fueled much needed housing in the marketplace, and we are proud to develop a community that one is proud to call home.” 
Located off Ronald Regan Boulevard, Cadence McShane is building the new “Niles Drive” that will lead to the community. Nestled along Blockhouse Creek among picturesque heritage trees, the 488,000-square-foot development is situated on 20 acres among the existing Block House Creek with future parkland dedicated to the City of Leander designed to cover 20% of the site. 
Blockhouse Creek Farm will include two-, three-, and four-story buildings with attached garages and a mixture of one-, two-, and three-bedroom units. Amenities will include a fitness center, swimming pool, clubhouse with a lounge and incredible views of the natural creek area. 
“We are excited to be part of the growing communities in and around Austin, Texas, and its greater metropolitan areas,” stated Srinath Pai Kasturi, Executive Vice President of Cadence McShane Construction. “This is a special opportunity for Cadence McShane to contribute to the city of Leander and provide a place for people to live that captures the beauty of its surrounding environment.”
About Ryan Companies 
Founded in 1938, Ryan Companies offers comprehensive commercial real estate services as a national developer, designer, builder, capital markets advisor and real estate manager with a focus on creating places for people to thrive. Ryan work spans a wide range of sectors and product types including healthcare, hospitality, industrial, mixed-use, multifamily, office, retail, and senior living. Built on the foundation of integrity, honesty and community, Ryan has grown to more than 1,800 team members in 17 offices and has completed projects in nearly every state. For more information, visit  www.ryancompanies.com.
About Cadence McShane Construction Company 
Founded in 1985, Cadence McShane Construction Company (CMC) has grown to become one of the most trusted and well-established contractors in the State of Texas. Specializing in the Education, Multifamily, Senior Living, Commercial, and Industrial market sectors, we offer design-build, and construction management services from our offices in Austin, Dallas, Houston, and San Antonio. CMC is part of The McShane Companies and, along-side our sister company McShane Construction, is recognized as one of the largest general contractors in the United States, with Top-10 rankings across the Multifamily, Senior Living and Education sectors. For additional information, visit the firm’s website at www.cadencemcshane.com.
About Humphreys & Partners Architects, LP 
Headquartered in Dallas, with regional offices all over the world, HPA employs a talented team of professionals with artistic talent, classical training and diverse experience in all aspects of the architectural process. 
Committed to excellence and responsiveness to our clients, our professionals consistently strive for innovation in a field where ingenuity is rare. While inventiveness is often the distinguishing mark of a project, we understand that true project success relies not only on design, but also on the providing of competent building documents and timely delivery. www.humphreys.com.

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