{"id":341843,"date":"2026-06-18T20:58:20","date_gmt":"2026-06-18T20:58:20","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/341843\/"},"modified":"2026-06-18T20:58:20","modified_gmt":"2026-06-18T20:58:20","slug":"universal-music-group-plans-austin-branded-condos","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/341843\/","title":{"rendered":"Universal Music Group Plans Austin Branded Condos"},"content":{"rendered":"<p>Branded <a href=\"https:\/\/therealdeal.com\/magazine\/february-2025\/who-orders-a-texas-condo-when-theres-a-ranch-on-the-menu\/\" rel=\"nofollow noopener\" target=\"_blank\">condo development<\/a> is taking off in Texas, and Universal Music Group is tossing its hat in the ring.\u00a0<\/p>\n<p>The \u201cbig three\u201d record label is partnering with <a href=\"https:\/\/therealdeal.com\/magazine\/june-2026\/austins-multifamily-and-commercial-fundamentals-show-growth\/\" rel=\"nofollow noopener\" target=\"_blank\">Austin<\/a> developer White Rocks Entertainment to build UMusic Hotel &amp; Private Residences Austin at a Hill Country site near Bee Cave, the Austin Business Journal <a href=\"https:\/\/www.bizjournals.com\/austin\/news\/2026\/06\/17\/universal-music-affiliate-white-rocks-development.html\" rel=\"nofollow noopener\" target=\"_blank\">reported<\/a>.\u00a0<\/p>\n<p>The project, at 10549 SH 71, will feature 600 condo units, 150 hotel rooms and a 10,000-seat outdoor venue. Proposed amenities include professional recording studios, a nightclub, comedy club, indoor performance venue and two restaurants. It would be the first stateside hospitality project from Universal, which has a flagship hotel in Madrid.\u00a0<\/p>\n<p>Christie\u2019s International Real Estate broker associate Dara Allen is leading sales for the condos. Pricing is expected to start at $2.3 million, she told the outlet.\u00a0<\/p>\n<p>Construction could start in early 2027 and is projected to wrap up in 2030 \u2014 if the project gets approved.\u00a0<\/p>\n<p><a href=\"https:\/\/therealdeal.com\/texas\/austin\/2025\/04\/14\/luxury-hotel-condos-pitched-for-contentious-hill-country-site\/\" rel=\"nofollow noopener\" target=\"_blank\">White Rocks president Chris Milam<\/a> pitched a similar project at the site in 2021. Violet Crown would have brought two luxury apartment towers, a 96-bay driving range and 20,000-seat amphitheater. Milam pulled the plug on the project after it sparked opposition from Bee Cave City Council and residents over water usage and other environmental concerns.\u00a0<\/p>\n<p>The new project \u201cis designed to meet a 100 percent water reuse standard,\u201d a White Rocks spokesperson told the outlet. In addition, more than 70 percent of the 71-acre project will be open space. The Texas Commission on Environmental Quality will review the project\u2019s wastewater permit at a hearing on July 15.\u00a0<\/p>\n<p>News of the partnership comes shortly after the Four Seasons Lake Austin project got a major boost in the form of an <a href=\"https:\/\/therealdeal.com\/texas\/2026\/06\/02\/four-seasons-lake-austin-secures-construction-loan\/\" rel=\"nofollow noopener\" target=\"_blank\">$870 million construction loan<\/a>. The condo project, which is being developed by Austin Capital Partners and Lincoln Property Company, will rise on a 210-acre site that features nearly one mile of Lake Austin shoreline.\u00a0<\/p>\n<p>\u2014 Jess Hardin<\/p>\n<p>\tRead more<br \/>\n\t\t\t\t\t\t\t\t<a class=\"BlogrollPost\" href=\"https:\/\/therealdeal.com\/magazine\/february-2025\/who-orders-a-texas-condo-when-theres-a-ranch-on-the-menu\/\" rel=\"nofollow noopener\" target=\"_blank\"><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"150\" height=\"94\" src=\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2026\/06\/North-TX-150x94.png\" class=\"FeaturedImage_image wp-post-image\" alt=\"\" loading=\"lazy\"\/>\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<p>Who orders a Texas condo when there\u2019s ranch on the menu?<\/p>\n<p>\t\t\t<\/a><br \/>\n\t\t\t\t\t\t<a class=\"BlogrollPost\" href=\"https:\/\/therealdeal.com\/magazine\/june-2026\/austins-multifamily-and-commercial-fundamentals-show-growth\/\" rel=\"nofollow noopener\" target=\"_blank\"><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"200\" height=\"133\" src=\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2026\/06\/1781720111_222_Austins-still-cookin-200x133.jpg\" class=\"FeaturedImage_image wp-post-image\" alt=\"\" loading=\"lazy\"\/>\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<p>Austin real estate rebounds after &#8220;mass exodus&#8221;<\/p>\n<p>\t\t\t<\/a><br \/>\n\t\t\t\t\t\t<a class=\"BlogrollPost\" href=\"https:\/\/therealdeal.com\/texas\/2026\/06\/02\/four-seasons-lake-austin-secures-construction-loan\/\" rel=\"nofollow noopener\" target=\"_blank\"><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"200\" height=\"133\" src=\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2026\/06\/1781816300_686_Four-Seasons-Lake-Austin-Secures-Construction-Loan--200x133.jpg\" class=\"FeaturedImage_image wp-post-image\" alt=\"Austin Capital Partners\u2019 Jonathan Coon and Lincoln Property Company\u2019s David Binswanger and Clay Duvall with renderings of Four Seasons Lake Austin\" loading=\"lazy\"\/>\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<p>Long-awaited Four Seasons Lake Austin condo project lands $870M construction loan\u00a0<\/p>\n<p>\t\t\t<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Branded condo development is taking off in Texas, and Universal Music Group is tossing its hat in the&hellip;\n","protected":false},"author":2,"featured_media":341844,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[132,134,133,121915],"class_list":["post-341843","post","type-post","status-publish","format-standard","has-post-thumbnail","category-austin","tag-austin","tag-austin-headlines","tag-austin-news","tag-universal-music-condo-austin"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/341843","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=341843"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/341843\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/341844"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=341843"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=341843"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=341843"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}