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Cardinal Real Estate Developments

Oxly at The Merc

348-unit multi-family project located on 11 acres. Oxly is the first phase of our mixed use development, The Merc, near The University of Texas at San Antonio, The Shops at La Cantera & The Rim Shopping Center.

The Brick and Mortar District at Plum Creek

Cardinal MF LLC and MG Realty Investments, LLC, is under construction with a 300-unit multifamily project (Phase 1A) on approximately 10 acres as part of The Brick and Mortar District at Plum Creek development in Kyle, TX. The Brick and Mortar District is situated within the existing 2,200 acre Plum Creek development. Phase 1B is planned for 331 units with construction commencing in 2023.

Goodnight Ranch

a 340-unit multi-family project located on 13.48 acres in Austin, Texas. Construction on Goodnight Ranch is scheduled to begin in 2023 and be completed in 2025.

Magnolia Living

A 200-unit project located on 9.55 acres under construction in Odessa, Texas. Magnolia Living is an age-restricted (62+) community developed under the 4% low income tax credit (LIHTC) program. The project is expected to be completed in July 2023.

Vera in Odessa

A 288-unit project located on 12.97 acres in Odessa, Texas. Vera in Odessa is a multifamily community developed under the 4% low-income tax credit (LIHTC) program. The community is near to achieving 100% occupancy. Closed on the HUD Final Endorsement on February 22, 2023

Lyric at the Merc

a 300-unit multi-family project located on 9.27 acres at The Merc. Currently under construction with completion projected for April 2024.

Enclave on Ross Road

Cardinal MF LLC has begun construction on the 288-unit Envlave multi-family project on approximately 10.090 acres in Austin, Texas. Construction is projected to be completed by October 2023 a 4% LIHTC Project. The project is two miles from the Tesla plant in Austin.

Palo Alto

a 336-unit low-income housing tax credit (LIHTC) project located on the south side of San Antonio at the southeast corner of SH16 and Loop 410. The site is directly across Loop 410 from Palo Alto College and very close to Texas A&M San Antonio, the Toyota Plant, and the newly announced University Hospital location. Projected to be completed in May 2024.

The Hudson

A 288-unit project located on 12.91 acres in Denton, Texas. The Hudson is a multi-family community under the 4% low-income tax credit (LIHTC) program. The project will be completed by July 2024.

University Village

A 116-acre mixed use development near The University of Texas at San Antonio. The property is zoned for 998 multi-family units, 110 townhomes, 119,000 sf of retail, 300,000 sf of office and a 120-room hotel (developer & general partner).

Cardinal MF LLC

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