Sage in Georgetown, TX

Sage Georgetown is a completed 4-story, 188-unit multifamily apartment project located at 5101 North Mays Street in Georgetown, Texas. The development spans 220,000 square feet and includes a clubhouse and additional amenities. This new construction project was filed with the Texas Department of Licensing and Regulation (TDLR) in November 2020, initiating the accessibility review process for the structure.

The project was developed by Sparrow Partners, a firm that has registered five other TDLR projects totaling $102,500,000 across Williamson County and other Texas locations. Fugleberg Koch served as the design firm of record, a partner that has also been involved in five other registered developments worth $117,000,000. Tim Mullins was the registered accessibility specialist responsible for overseeing the project's compliance with state standards during the construction phase.

Project Scope and Financials

The estimated cost for Sage Georgetown was $27,000,000, representing a cost of $123 per square foot. This figure is close to the county median of $110 per square foot for similar new construction filings in Williamson County. The total project cost is above the county median for its type, placing it in the top quarter of registered projects. The scheduled build window was 971 days, which is longer than the county median of 245 days for comparable developments.

Construction began in February 2021, following the initial registration. The project was privately funded on private land for private use. The TDLR record indicates that the project reached its scheduled completion date in September 2023. TDLR closed the project file in September 2023, which marks the end of the accessibility review process for this construction. This status confirms that the regulatory oversight for the building's accessibility features has concluded.

Local Context and Ownership

Georgetown, located in Williamson County, has a population of approximately 45,020 according to U.S. Census estimates. The median household income in the 78626 ZIP code is $94,967, and the area contains 16,866 housing units. The housing market is predominantly owner-occupied, with a median home value of $358,500. Sage Georgetown adds to the multifamily housing inventory in this established community, offering a large-scale residential option near the city center.

Sparrow Partners has a significant presence in the Texas construction market, with other projects including Mera Craig Ranch in McKinney and Sparrow Senior Living in Sachse. Fugleberg Koch has similarly designed projects such as Sage Lewisville in Lewisville and Mission Ridge Apartments in El Paso. These firms have demonstrated a consistent track record of completing large-scale residential and mixed-use developments across the state, contributing to the growth of housing options in various metropolitan areas.