6th & chicon Micro-units_ project overview
The Project is a 60 “Micro” Unit apartment building (unit average 356 sqft). This well appointed property rests in the vibrant and expanding East 6th Street development area in Austin, Texas. The Project will be a newly constructed urban, luxury community, created with class A touches and convenience, built using cold form metal framing technology, helping to create a high quality building and cutting the timeline to delivery. This framing method also helps the environment by reducing waste in the construction process. The Project will be outfitted as Photo Voltaic (solar) panel ready, as well as incorporate cutting edge water saving technologies.
Creative Covered Land
kramer
kramer project overview
The project was a value-add office building, converted and tenanted as a Primary Education facility serving students K-3rd. Located in North Austin outside of the vibrant "Domain" sub-market widely referred to as Austin's 2nd downtown. This projects sits on over 2 acres of land in the path of growth, allowing for future development optionality.
Luxury single family houses
Sylvan
Sylvan project overview
The project is a well located housing property in the rapidly rising East Riverside sub-market of Austin, Tx (East Travis Height Neighborhood). The Business plan includes a 3-lot subdivision, which will then be built-out to include 6 luxury primary and secondary homes.
Single Family Lot Development
North Texas Subdivisions
Subdivision Development
The Watershed Development Group has partnered with Mitchell Development to bring acres of single-family-home-lots online. Focusing on the high demand north Texas submarkets of Grayson and Collin Counties.
We are investing in land and installing infrastructure. We do this by leveraging our vertiacally integrated platform to self perform; dirt work, utilities, and roadway constuction. We then sell the lots in these communites to some of the nations largest homebuilders, as they try to meet demand for houses, in one of the fastest growing submarkets in the country.
Detroit Restoration
Early 1900’s Apartment Restoration
Waterhed Devleopment Group partnerd with Moontower Capital to aquire and restore this early 20th century brick apartment complex. The project is a well located, 1920’s built, apartment renovation project in the rapidly rising Mid Town neighborhood of Detroit, Michigan. Midtown is home to Wayne State university and several hot spot eateries. . The business plan included a moderate value-add program with a focus on bringing this beautiful building back to life, mixing orignal charm with curated modern flair. Through this stratigic renovation process the project has been able to increase rents an eyepopping 2.5x on renovated units. Stabilization, including repositioning and re-tenanting is 75% complete as of January 2022.