Project slated for N. Austin

As developers of The Domain in North Austin gear up for another phase of residential building, a nearby shopping center with room to expand is getting energized by a new landowner.

San Diego-based St. Croix Capital Corp. recently sold Austin Commons, an 8-acre mixed-use development at Burnet Road and Kramer Lane, to Houston-based Black Forest Ventures LLC, a debt-free developer. Black Forest has also paid off the loans used to build a 30,000-square-foot retail center competed there in 2009 on half the site.