Community Impact reports Mark IV Capital Inc. announced Wednesday it will build The District, a master-planned residential and commercial development at SH 45 and North Greenlawn Boulevard in Round Rock.

A memorandum understanding between Mark IV and the City of Round Rock directs the California-based real estate firm to invest $200 million of private capital in the development, which will bring residential, retail and office space to the southern end of Round Rock.

The development will be located on 65-acres of property and will provide approximately one million-square-feet of mixed-use space.

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Aerial view of The District

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