Audubon Magnolia Development announced that XAG Group will construct multifamily housing and retail space in the Audubon master-planned community in Montgomery County.

Plans for the first phase of development include a 30,000-square-foot, two-story retail building that is slated to open in early 2024. The second phase includes Rasha at Audubon, a mid-rise apartment building with 326 units ranging in size from one to three bedrooms.

Audubon Place (via XAG Group)

“This retail center will follow Audubon developer Sam Yager’s ‘Celebrate the Space’ concept, providing a destination for residents to walk and enjoy the ambiance and atmosphere,” said XAG Group CEO Nathaliah Naipaul. “The garden apartments will have a sprawling layout of landscaped grounds and amenities such as a swimming pool, party house, courtyards, pet park and outdoor activity spaces with direct exterior access to each of the units.”

Further amenities in the Rasha at Audubon will include a business center, coworking spaces, a fitness center, a yoga studio, a family movie theater and a game room.

“XAG Group has a reputation for unique and innovative development that embraces a modern, transitional architectural style,” said Sam Yager III, vice president of Audubon Magnolia Development. “XAG grasps the type of live-work-play community we are developing here in Audubon — one that celebrates nature and embraces a balanced lifestyle. Not only will the XAG Group meet the surging demand for more residential and commercial in this area, but they should answer that need with a meaningful development rooted in the Audubon style.”

The first units in the Rasha at Audubon are expected to hit the market in early 2025.