Rastegar Property, the Austin company that has been churning out both developments and publicity in recent years, has unveiled plans for Inf1nity Square, a development planned for Kyle, the booming Austin suburb 20 miles southwest of the city.
Inf1nity Square will occupy 318 acres at 700 Bunton Lane. It will have about 1,000 single-family homes and 1,400 multifamily units as well as 185,000 square feet of commercial space.
The commercial component will include retail space, an amenity center, and an elementary school arranged around a town square.
The development will also have 61 acres of open green space that will connect to the Vybe, Kyle’s citywide trail network.
CastleRock Communities and Brightland Homes will lead development of first phase of single-family homes. Trez Capital provided construction financing to the tune of $31.7 million for that phase of the project, which will encompass 329 lots.
