Investment firm Karlin Real Estate is looking to transform two former 3M campuses in Northwest Austin into mixed-use communities with multifamily, retail, green space and more.

What's happening?: Manufacturing and tech company 3M previously occupied a 57-acre campus off Research Boulevard, "Duval," that was later rezoned to allow for mixed uses. 3M also previously occupied a campus off River Place Boulevard, now known as Highpoint 2222.

The features: Developers are seeking a variety of mixed-uses at Highpoint 2222, which could include:

• 1.1 million square feet of office and lab space, already delivered
• Up to 65,000 square feet of retail
• Up to 1,250 multifamily homes reaching 4 stories
• Up to 9 acres of green space

City officials in Lakeway made forward strides on plans for Lakeway City Park and Butler Rough Hollow Park at the Nov. 17 City Council meeting. 

Diving in deeper: Negotiation of a  $1.02 million design services contract with engineering firm Dunaway for Lakeway City Park was approved. The updated contract will go before council again for final approval at a future date. 

Funds for the project come from the city’s 2024 voter-approved parks bond, which included plans for several projects across the city. The Lakeway City Park project is estimated to cost $10.65 million total.

Dunaway developed conceptual plans ahead of the bond election for the city's five major projects. For Lakeway City Park, these plans included an improved skate park, a new beginner skills bike park, a new boardwalk trail, overlook platforms, new pickleball courts and more.

What else? City Council also unanimously approved the purchase of playground equipment for Butler Rough Hollow Park from Play & Park Structures for $430,738. The purchase includes a playground, ninja course and artificial turf.