Plans are underway for a roughly 300K SF mixed-used development west of downtown Austin.

The project, dubbed Sixth & Walsh, was first reported last year, but little detail was made public at the time. A recently submitted development plan shows the project will span five stories, with multifamily units planned for four of them, the Austin Business Journal reported.

Austin-based developer Manifold Real Estate is spearheading the project amid a period of growth for the city’s multifamily market.

Manifold didn’t immediately respond to a request for comment.

The development will be located in the Clarkesville neighborhood and include three underground parking levels. The ground floor will encompass about 42K SF, with nearly 20K SF dedicated to retail, according to ABJ. There are no details yet on when the project will break ground.

The second through fifth floors will each be about 35K SF and comprise a total of 168 units, ABJ reported. Of those units, 17 will be affordable options reserved for households earning 80% or less of the median family income.

The Austin region’s multifamily space has seen significant growth in recent months. In the first quarter of 2026, the Austin-Round Rock market rose to a record-setting 350,991 units, up from 337,816 the previous year, according to a Colliers report. Occupancy climbed steadily throughout the quarter, reaching 92.8%, up from 92.4% at the end of Q4 2025, according to the report.

Colliers forecasts that the city’s multifamily market will “move toward equilibrium” as new construction wanes and occupancy rises, thanks to a combination of healthy competition and a surge of young renters who might be drawn to Austin because of its employment and recreational opportunities.

The Sixth & Walsh development will be located near many retail and dining establishments and could be a draw for potential Austin dwellers. Last July, the Old West Austin Neighborhood Association wrote a letter to the city of Austin Planning Commission in support of rezoning the property from commercial to limited industrial. The group said the project “embraces the urban fabric of the historic neighborhood while introducing thoughtfully scaled, pedestrian-friendly architecture.”

Across the street from the Sixth & Walsh site is the 1.6-acre site for the Sixth&Blanco mixed-use development, which broke ground in 2024.

The Sixth & Walsh project will be spread across four lots. Several commercial properties sit on those lots and are slated to be demolished. They are owned by Walsh Street Ventures LLC, Walsh Street Ventures 2 LLC and Cohn Ventures LLC.