Mark IV Capital and W.E. O’Neil Construction have begun vertical construction on The District, a multiphase mixed-use development in Round Rock, Texas. The first phase rising out of the ground is Origin at The District, a Class A multifamily community that will sit above the project’s District Way ground-floor retail. Origin at The District is planned for 316 residential units, positioning it as the initial residential anchor within the broader master-planned site.
The multifamily building is designed with an extensive amenity package aimed at creating a full-service residential environment. Planned amenities include a deck with a heated pool and a 75-foot lap lane, as well as a cold plunge and dry sauna. Residents will also have access to outdoor entertainment areas and a sun lounge that support both recreation and relaxation within the project.
To complement leisure-focused spaces, Origin at The District will incorporate a co-working facility and a sky lounge, reflecting ongoing integration of work and social space within new multifamily product. A fully equipped fitness center is also part of the amenity program, rounding out the building’s on-site offerings for residents. Together, these elements are intended to support a lifestyle-driven community within the larger mixed-use environment of The District.
Construction of Origin at The District is expected to conclude in early 2028, marking the anticipated delivery timeline for the first residential component. The project is being capitalized with an $86 million construction loan recently secured by Mark IV Capital. Financing for the loan is led by BDT & MSD Partners, with additional participation from an affiliate of Apollo, underscoring institutional interest in the scheme’s initial phase.
Beyond the first multifamily building, The District is envisioned as a large-scale, long-term development. At full buildout, the plan calls for nearly 4 million square feet of mixed-use space across 65.5 acres. According to current expectations, total investment in The District is projected to exceed $1 billion, indicating a substantial commitment of capital to the Round Rock market over the life of the project.
As vertical construction progresses on Origin at The District, the project will establish the residential framework for the broader mixed-use environment. With multifamily units over retail and a robust amenity package, this initial phase sets the tone for how future components may integrate housing, commercial space, and shared amenities within The District’s overall master plan.
