[[{“value”:”
**Mark IV Capital Secures $86M Construction Loan for The District Development in Round Rock, TX**
Mark IV Capital has secured an $86 million construction loan to kickstart the first phase of The District, a large-scale, master-planned mixed-use development in Round Rock, Texas. The financing was led by BDT & MSD Partners, with additional participation from an affiliate of Apollo.
The site, originally acquired from Dell Technologies in 2016, has been in planning and entitlement development for nearly a decade.
The loan proceeds will support vertical construction of Phase I, which includes 316 luxury multifamily residences built above 23,042 square feet of ground-floor retail space. The residential unit mix comprises studios, one-bedroom, and two-bedroom apartments. Residents will have access to upscale amenities such as a third-floor pool deck, outdoor entertainment areas, a resident clubhouse lounge, and a fully equipped fitness center.
In addition to the residential-retail component, Phase I will feature a 40,750-square-foot Food & Beverage Plaza, spread across six standalone buildings.
Upon full buildout, The District is expected to include nearly four million square feet of mixed-use space, incorporating residential, retail, hospitality, and office components.
“}]]
