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Phase 1a (Approximately $21.14M Development Cost) - C2 Sports Club

Current Sports & Recreation Construction Scope

Approximately 101,600 sq. ft. of Phase 1a indoor and outdoor sports/recreation program
Approximately 46,800 sq. ft. column-free indoor facility supporting 5-6 indoor tennis or pickleball courts
Approximately 43,200 sq. ft. supporting 4-6 outdoor tennis courts
Approximately 9,400 sq. ft. supporting 3 outdoor pickleball courts
Approximately 2,200 sq. ft. of laundry, restroom, sports-equipment, and seating space

All court counts are modeled ranges and remain subject to final general-contractor budget review and approval.

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R3S Developers

From Vision to Action – Leander, Texas

Premier Sports & Retail Destination

North Austin’s first club featuring tennis, pickleball, wellness, and retail spaces.

9.9 Acres Secured in Leander, TX

Prime commercial land acquired in Sept 2021 along Highway 183.

PUD Amendment Approved in 2022

City of Leander unanimously approved zoning amendments for development.

Full Site Permit Granted in 2023

Horizontal approval covering all 9.938 acres for every project phase.

Market Feasibility Review Approved May 2026

Third-party market feasibility evaluation conducted and approved by the lender for Phase 1a.

Approximately $6.34M Sponsor Equity

Sponsor equity represents approximately 30% of Phase 1a development sources.

Approximately $14.80M Construction Financing Request

Financing request is modeled at 70% loan-to-cost; a financing partner is being sought.

Targeted Groundbreaking Q4 2026

Phase 1a construction is projected to run approximately 24 months.

Phase 1a Development Cost: Approximately $21.14M

A separate $2.0M working-capital reserve brings total capitalization to approximately $23.1M.

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C2 Sports Club

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Future Development

Expanding Lifestyle & Investment Opportunities

Future Phase II
Approximately 23,300 sq. ft. clubhouse with members’ lounge, spa/wellness amenities, full kitchen and bar; a 7,500 sq. ft. pool; and 3 additional pickleball courts. These items are not included in the current Phase 1a construction financing request.

Future Phase III
Mixed-use retail and multi-family residential components. Square-footage figures remain subject to future approved plans.

FUTURE PHASES II AND III

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