Built To Run Deals Like No Other Firm
We stand on two decades of success in this market, working closely with landowners, regulators, and the land itself.
Land Development & Entitlement
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Chisholm Hill
Featured
Overview
Chisholm Hill is a 770-acre master planned community located 45 minutes from Austin's central business district. CTX assembled the site from 8 separate landowners, navigated complex entitlement requirements across multiple jurisdictions, and positioned the property for residential development.
The Challenge
The site didn't exist as a single property. It was 8 separate parcels owned by different families, some of whom had held their land for generations. Assembling the site required earning trust with each landowner, often over multiple years of relationship building.
Our Approach
CTX principals drew on decades of relationships with Central Texas landowners. Rather than leading with price, we led with trust—explaining our vision, respecting family legacies, and structuring deals that worked for sellers.
Key Metrics
928
Total Acres
8
Parcels Assembled
Investment
Investment
$55M
Exit Value
45 min
Distance to Austin
Fully Entitled
Status
Outcome
Chisholm Hill is now a fully entitled master planned community positioned for residential development.
Vertical Development
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Seaholm Power Plant
Featured
Overview
The Seaholm Power Plant was Austin's primary power generation facility for over 50 years. When the city decommissioned it in 1989, the building sat vacant—a beloved landmark with no clear future. Allen Cowden, as part of another firm, led the effort to transform it into Austin's premier mixed-use destination.
The Challenge
This wasn't a typical development. The building was on the National Register of Historic Places and designated a Texas Historic Landmark. Any redevelopment required navigating historic preservation requirements, City of Austin approvals, and a complex public-private partnership structure. Multiple developers had tried and failed. Trammell Crow was the primary competition.
Our Approach
Allen Cowden worked through years of City of Austin negotiations, engaging directly with city council, preservation boards, and community stakeholders. He structured the public-private partnership, secured equity partners, and oversaw the residential tower design and sales process.
Key Metrics
$200MM
Total Value
280 Units
Condos
Office/Retail
Office/Retail
LEED Gold
Certification
TX Historic Landmark
Designation
ULI Award Finalist
Recognition
Outcome
Seaholm is now one of Austin's most iconic addresses, overlooking Lady Bird Lake.
