Artificial Intelligence
Builders Company
Developers/Momark Development
MD
Momark DevelopmentAustin, United States · founded 2003 · 1 active markets
PRIVATE

Momark Development creates residential and mixed-use communities in Austin and Central Texas, including condominiums, apartments, townhomes, cottages, affordable housing, student housing, and master-planned neighborhoods. Its projects serve urban residents, students, families, and attainable-home buyers through customized development across local markets.

Years in business
23
founded 2003
LinkedIn headcount
1-10
employees, as shown on LinkedIn · size band 2–10
Projects last researched October 16, 2026
Every figure on this card was read out of a document.

Overview

Investor tear sheet

a summary of the tabs that follow · no rating of our own

Company dossier

Legal name
MOMARK DEVELOPMENT, L.L.C.1
Headquarters
31 Navasota Street1, Austin1, United States
Founded
20031
Entity type
PRIVATE1
Business model
mixed use1, masterplan1
Markets
1 market listed
What they build
Residential, for sale (2 of 5) · Residential, for rent (2 of 5) · Mixed use (1 of 5)
Full dossier in About →

Delivery record

0 date-assessed of 5 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-16 through 2026-10-16, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 1 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
5
within the rolling ten-year window
Median delay
—
the middle of no scored projects
Average delay
—
the same projects, pulled by the worst
Average time to deliver
—
no delivered projects with a dated start — needs 3
Worst slip
—
0
early or less than 6 months late
6 to 12 months late
0
yellow rows below
Over 12 months late
0
red rows below

Against other developers

Not enough info yet.
Projects and timelines in Track Record →

Resident experience

4 of 5 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
7.1/ 10
Weighted judgment across build and operations · from 4 of 4 rated buildings
Little structure evidence (2 of 4 buildings) — this rests mainly on whole-building and living reviews.
Structure & systems
6.8/ 10
Fabric, services, waterproofing, envelope · from 2 of 4 rated buildings
Management & living
7.3/ 10
Upkeep, response times, amenities, community · from 4 of 4 rated buildings

Against other developers

4 rated here · 309 developers, 1551 rated buildings in United States
Overall rating
Momark Development · 309 other developers in United States
7.1 vs 7.8
this developer 0.7 worse
The weighted verdict on each side. From 4 of 4 rated buildings here and 1551 in the market.
Structure & systems
Momark Development · 309 other developers in United States
— vs 6.9
Too few buildings with this score here to compare (2 of 4)
Fabric and engineering only — fixed at handover. From 2 of 4 rated buildings here and 673 in the market.
Management & living
Momark Development · 309 other developers in United States
7.3 vs 7.4
this developer 0.1 worse
Upkeep and response — belongs to whoever runs the building now. From 4 of 4 rated buildings here and 1492 in the market.
The market here is United States: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.
Ratings by building →

Awards & recognition

  • PROJECT AWARD Winner May 8, 2019
    Austin Business Journal Commercial Real Estate Awards — Multifamily Development · Tyndall at Robertson Hill
    Tyndall at Robertson Hill won the top award in the Multifamily Development category; Momark Development was identified as part of the project team and developer.
  • PROJECT AWARD Winner 2016
    ULI Austin Innovation Award · The Denizen
    The developer reports that The Denizen received the ULI Austin Innovation Award.
  • PROJECT AWARD Winner 2011
    Multi-Family Executive Awards — Grand Winner, High-Rise Condo · The Austonian
    The developer reports that The Austonian was a Grand Winner in the High-Rise, Condo category.
  • 4 more in Awards
All awards →

Risks & source coverage

  • LEGAL Agreement terminated October 14, 2021; trial-court judgment January 4, 2022; appellate decision February 17, 2023 A buyer sued Westgate Momark, LLC and Alex Valdes for alleged breach of a purchase agreement for Unit 3203 at Westgate Grove Condominiums after the agreement was terminated on October 14, 2021; the trial court granted summary judgment for the defendants on January 4, 2022, and the Texas Court of Appeals affirmed on February 17, 2023, finding that the buyer had not provided the required income certification.
  • DELIVERY DELAY Application submitted August 5, 2021 In an August 5, 2021 City of Austin funding application, Momark stated that the Canopy at Westgate Grove II project had been ongoing for several years, that five of its eleven buildings and 40 homes still required completion, and that substantial construction-cost increases and supply-chain problems had made additional City funding critical; the application projected completion in 2022, which is a future commitment rather than evidence of actual completion, and no current completion confirmation was located.
Record status
active
Company sources
92 source entries across 92 fields
Projects tracked
6 · 5 completed in assessment
All flags and sources →

Track Record

Delivery record

0 date-assessed of 5 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-16 through 2026-10-16, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 1 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
5
within the rolling ten-year window
Median delay
—
the middle of no scored projects
Average delay
—
the same projects, pulled by the worst
Average time to deliver
—
no delivered projects with a dated start — needs 3
Worst slip
—
0
early or less than 6 months late
6 to 12 months late
0
yellow rows below
Over 12 months late
0
red rows below

Against other developers

Not enough info yet.

Construction start to handover

5 of 5 projects dated · 2 places
Based on covered projects with documented construction or launch dates and available handover dates. Timelines vary by project and may not represent the developer’s full portfolio.
Construction start, or the launchTarget completion (window)Completion or handover, as reportedCurrently statedLaunch year only, no date publishedEarly or ≤6 mo lateOver 6–12 mo lateOver 12 mo lateStalled
Austin, United States
Kyle, United States
2012201320142015201620172018201920202021202220232024202520262027todayAUSTIN, UNITED STATES+24 moestimatedcompleted, no target publishedcompleted, no target publishedcompleted, no target publishedKYLE, UNITED STATEScompleted, no target published
Click a row in the chart to open a project, or a table row below to see its sources. The chart runs wider than the page where the record spans many years — scroll it sideways to follow a project to its handover. Every date we have is drawn. A hollow marker is only a launch year, not a date anyone published. No dates published means we looked and found none; dates not yet checked means we have not looked yet. Handing over is not finished — rows say which. A delay is shown when one source gives the promised date and another gives the real one, however rough: "2019" still counts, and the row shows how wide that is. Projects missing one of the two dates, or with sources that disagree, are left out of the figures. 1 dated statement is held back: a broker listing with no date on it, or a page with no year, cannot fix a date. 4 turned out to be about something else — a phase, a neighbour, the wider masterplan — and are marked off-subject.

Building & Livability Ratings

Resident experience

4 of 5 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
7.1/ 10
Weighted judgment across build and operations · from 4 of 4 rated buildings
Little structure evidence (2 of 4 buildings) — this rests mainly on whole-building and living reviews.
Structure & systems
6.8/ 10
Fabric, services, waterproofing, envelope · from 2 of 4 rated buildings
Management & living
7.3/ 10
Upkeep, response times, amenities, community · from 4 of 4 rated buildings

Against other developers

4 rated here · 309 developers, 1551 rated buildings in United States
Overall rating
Momark Development · 309 other developers in United States
7.1 vs 7.8
this developer 0.7 worse
The weighted verdict on each side. From 4 of 4 rated buildings here and 1551 in the market.
Structure & systems
Momark Development · 309 other developers in United States
— vs 6.9
Too few buildings with this score here to compare (2 of 4)
Fabric and engineering only — fixed at handover. From 2 of 4 rated buildings here and 673 in the market.
Management & living
Momark Development · 309 other developers in United States
7.3 vs 7.4
this developer 0.1 worse
Upkeep and response — belongs to whoever runs the building now. From 4 of 4 rated buildings here and 1492 in the market.
The market here is United States: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.

By building

4 rated · 1 not rated · scale 1–10
ProjectOverallStructure & systemsManagement & living
The Brick and Mortar District at Plum Creek — Phase 1AKyle300 units
8.5/ 10
—/ 10
8.3/ 10

Birdeye’s 4.2/5 aggregate from 88 reviews sets the level and converts to approximately 7.6/10 under the requested curve. Apartments.com is materially more positive but has only 16 reviews, so it is treated as dissent rather than the anchor; repeated positive commentary lifts the result, while the isolated noise and move-out complaints do not justify a recurring-complaint deduction.

+ Well-maintained outdoor spaces+ Spotless pool and gym reported+ Modern apartment finishes
− Sticky doors reported− Bubbling flooring reported
+ Responsive maintenance+ Friendly and helpful staff+ Clean common areas+ Strong amenity package+ Neighborly community
− Persistent noise complaint− Move-out damage-charge dispute− Leasing-team responsiveness complaint

The published reviews contain limited physical-condition evidence rather than an engineering assessment. One resident reported “sticky doors and bubbling flooring in a couple spots,” while other residents described the community as “well-maintained” and the pool and gym as “always spotless.”

Residents frequently describe the staff as “friendly,” maintenance as “quick,” and the community as clean, safe and neighborly; praise also covers the pool, gym, sky lounge and resident events. The main adverse account says repeated noise complaints, unit transfer costs and even five 911 calls did not produce a resolution, while another reviewer reported being charged for damages after move-out and said the process needed “a lot of room for improvement.”

EdgewickAustin290 units
7.0/ 10
—/ 10
7.0/ 10

Yelp’s 4.0/5 aggregate from 18 reviews is the only published building-specific review rating located and therefore sets the anchor at 7.0/10 under the requested conversion. The written excerpts contain both positive lifestyle feedback and recurring older management complaints, producing only a small net commentary adjustment; no building-fabric evidence supports a structure score.

+ Peaceful community+ Convenient downtown access+ Pool amenity
− Poor HOA/property management− Budget-management concerns

no notes returned

no links returned

Published Yelp excerpts describe Edgewick as “a peaceful community” with quick access to downtown and a pool that feels like “a countryside retreat.” The negative excerpts report “possibly the worst HOA / Property Management team” and say the HOA budget “was not managed well”; these are older complaints, so their present-day status is uncertain.

Mint House The HatcheryAustin30 units
6.7/ 10
7.7/ 10
Trip.com 9.2/10 · 40 reviews · us.trip.com
Trip.com publishes 9.2/10 from 40 reviews. Adjusted for where resident ratings usually fall, and weighted toward the 6.5 midpoint (more strongly the fewer the reviews), that gives 7.7.
7.7/ 10
Trip.com 9.2/10, 9.2/10 · 40 reviews · us.trip.com
Combined from 2 published figures on 1 platform, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 7.7.

The largest published review base located was the 108-review, 6.7/10 guest aggregate shown by the Hotelmenlow/Booking.com listing, so it sets the level; using the guest convention, it converts to approximately 4.0/10 rather than being treated as a resident rating. The report also found a materially higher 9.2/10 Trip.com snapshot and specific positive and negative comments, but the commentary adjustment is kept modest because these are short-stay reviews and the aggregates already incorporate much of that experience.

+ New-feeling finishes+ Clean rooms+ Quiet reported by some guests+ Well-equipped kitchens+ Private patios and balconies
− Hot-water failures− Inter-unit floor vibration− Hallway and door noise− Humidity reported− Weak shower pressure
+ Cleanliness+ Good lake-trail location+ Fast replenishment service+ Friendly communication in some stays+ Free parking
− Remote check-in difficulty− No on-site help reported− Confusing parking and directions− Limited nearby sidewalks/food− Excessive guest communications

The published guest feedback contains specific system and fabric concerns: one guest reported “There wasn't a single hot shower,” another said the shower “barely got hot,” and another described a “cold damp feeling.” A separate review said the floor vibrated when adjacent guests walked and that hallway and door noise was clearly audible, although other guests described the rooms as clean, new-feeling and quiet.

Guests commonly praised the clean, stylish rooms, location and practical amenities; one called it “one of the best living experiences” in Austin and another said replenishment service was fast. Operations were uneven: a reviewer waited “45 minutes to get access” with “No on-site help,” while another called the check-in procedure “very complicated.”

Weaver Residences at the HatcheryAustin250 units
6.1/ 10
6.0/ 10
Trip.com 7.8/10 · 19 reviews · trip.com
Trip.com publishes 7.8/10 from 19 reviews. Adjusted for where resident ratings usually fall, and weighted toward the 6.5 midpoint (more strongly the fewer the reviews), that gives 6.
6.0/ 10
Trip.com 7.8/10 · 19 reviews · trip.com
Trip.com publishes 7.8/10 from 19 reviews. Adjusted for where resident ratings usually fall, and weighted toward the 6.5 midpoint (more strongly the fewer the reviews), that gives 6.

Apartment History’s 3.7/5 building rating from 150 resident reviews is the largest review base and converts to 6.1/10 under the stated curve. The review record is notably positive about staff, maintenance, amenities and location, but recurring management, cleanliness, noise and safety complaints keep the resident-living assessment around that anchor. Structural scoring remains null because the sources do not publish a building-fabric rating.

+ Modern, well-maintained apartments reported+ Fast maintenance responses reported+ Mold remediation reported
− Mold reported in one unit− Pool maintenance lapse reported− Cleanliness and upkeep complaints
+ Friendly staff+ Responsive management+ Fast maintenance+ Lake and trail access+ Strong pool, gym and lounge amenities
− Safety and theft concerns− Sunday car-show noise− Inconsistent management communication− Cleanliness complaints− Fees and move-out concerns

Resident feedback is mostly favorable about apartment condition and maintenance: one reviewer said units were “clean and well taken care of,” while another said issues were resolved quickly. Counterevidence includes a report that a unit had mold, a pool was “turning green” during a management transition, and guest reviews describing dirty bedding and a pool closed for construction; these are operational observations rather than a published engineering assessment.

Residents frequently praise the location, dog-friendly community, amenities and staff; one called the team “friendly, helpful, and genuinely pleasant,” and another reported maintenance tickets addressed the same day. The record also contains serious but unevenly corroborated safety complaints, including weekly gunshot reports and “duck and cover” concerns, as well as complaints about dirty common areas, fees and slow or unclear management responses.

Only buildings that have reached handover are rated. 1 of 5 projects carries no rating: a building still under construction is never asked about, one that has just been handed over may not have been reached yet, and the rest were asked about and no published resident commentary was found. Structure is fixed at handover and stays the developer's; management and living belongs to whoever runs the building now. The overall verdict weights both rather than averaging them. None of this is checked: a rating is what people published about a building, aggregated — it is not evidence, it cannot move a delay figure, and it is not part of the delivery record above.

About

Company dossier

Legal name
MOMARK DEVELOPMENT, L.L.C.
Headquarters
31 Navasota Street, Austin, United States
78702
Founded
2003
Austin, US
Entity type
PRIVATE
Revenue
USD 34.88 million annual revenue
Business model
mixed use, masterplan

Partners

5 partners
Benchmark Land Development
joint venture

Edgewick was conceived in partnership with Benchmark Land Development.

Wes Peoples Homes
contractor

Wes Peoples Homes was Momark’s construction partner on Canopy.

Austin Habitat for Humanity/HomeBase
partner

HomeBase provided buyer outreach, qualification, education, counseling and lending assistance for Canopy.

City of Austin
government partner

The City provided more than $1 million for Canopy land acquisition and pre-development.

Pioneer Bank
funder

Pioneer Bank provided Canopy construction financing.

Sources: name

COMPANY2021-04-28

Edgewick - Momark Development

Momark Development
Conceived in partnership with Benchmark Land Development, Edgewick redefines the urban community
value seen: Benchmark Land Development
https://momarkdevelopment.com/project/edgewick/

Sources: summary

COMPANY2021-04-28

Edgewick - Momark Development

Momark Development
Conceived in partnership with Benchmark Land Development, Edgewick redefines the urban community
value seen: Edgewick was conceived in partnership with Benchmark Land Development
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://momarkdevelopment.com/project/edgewick/

Sources: name

REGULATORdate not shown in source

Application to the City of Austin

City of Austin
Wes Peoples Homes, Momark’s construction partner on the development
value seen: Wes Peoples Homes
https://www.austintexas.gov/sites/default/files/files/Housing/Canopy%20at%20Westgate%20-%20OHDA%20-%20Updated.pdf

Sources: summary

REGULATORdate not shown in source

Application to the City of Austin

City of Austin
Wes Peoples Homes, Momark’s construction partner on the development
value seen: Wes Peoples Homes was Momark’s construction partner on Canopy
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.austintexas.gov/sites/default/files/files/Housing/Canopy%20at%20Westgate%20-%20OHDA%20-%20Updated.pdf

Sources: name

REGULATORdate not shown in source

Application to the City of Austin

City of Austin
The Canopy project is a partnership between Momark; Austin Habitat for Humanity/HomeBase
value seen: Austin Habitat for Humanity/HomeBase
https://www.austintexas.gov/sites/default/files/files/Housing/Canopy%20at%20Westgate%20-%20OHDA%20-%20Updated.pdf

Sources: summary

REGULATORdate not shown in source

Application to the City of Austin

City of Austin
HomeBase performs community outreach to attract potential buyers; performs income qualification and other pre-qualification work for potential buyers; provides required education and financial counseling
value seen: HomeBase performs community outreach to attract potential buyers; performs income qualification and other pre-qualification work for potential buyers; provides required education and financial counseling
https://www.austintexas.gov/sites/default/files/files/Housing/Canopy%20at%20Westgate%20-%20OHDA%20-%20Updated.pdf

Sources: name

REGULATORdate not shown in source

Application to the City of Austin

City of Austin
The Canopy project is a partnership between Momark; Austin Habitat for Humanity/HomeBase; the City of Austin
value seen: City of Austin
https://www.austintexas.gov/sites/default/files/files/Housing/Canopy%20at%20Westgate%20-%20OHDA%20-%20Updated.pdf

Sources: summary

REGULATORdate not shown in source

Application to the City of Austin

City of Austin
the City of Austin, which has already provided more than $1 million for land acquisition and pre-development
value seen: provided more than $1 million for land acquisition and pre-development
https://www.austintexas.gov/sites/default/files/files/Housing/Canopy%20at%20Westgate%20-%20OHDA%20-%20Updated.pdf

Sources: name

REGULATORdate not shown in source

Application to the City of Austin

City of Austin
Pioneer Bank, which has provided construction financing
value seen: Pioneer Bank
https://www.austintexas.gov/sites/default/files/files/Housing/Canopy%20at%20Westgate%20-%20OHDA%20-%20Updated.pdf

Sources: summary

REGULATORdate not shown in source

Application to the City of Austin

City of Austin
Pioneer Bank, which has provided construction financing
value seen: Pioneer Bank provided Canopy construction financing
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.austintexas.gov/sites/default/files/files/Housing/Canopy%20at%20Westgate%20-%20OHDA%20-%20Updated.pdf

Registrations & licences

COMPANY NUMBER0800333576
Texas Secretary of State · US · Active
Jurisdiction-agnostic: a DLD number, a Companies House number and a state RERA registration all land in the same table.

Contact

Markets

1 countries
United Statesactive 5 projects tracked

What they build

5 types
Residential, for sale2 of 5
Residential, for rent2 of 5
Mixed use1 of 5
Retail1 of 5
Hotel1 of 5
A project counts once under each type it carries, so the shares add to more than the project count.

Management

Principals & executives

5 names found
TM
Terry Mitchell
Terry is Momark’s President and is involved in planning and developing residential and mixed-use communities. His profile describes more than 20,000 units and over $1.8 billion in residential community value, after earlier management at Milburn Homes.
Current title
President
since Jun 2003 - Present
Experience
20+ years real estate
Companies before
Milburn Homes (D.R. Horton, Inc. division)
Education
University of Texas in AustinBachelors of Business Administration
Saint Edward’s UniversityMasters of Business Administration
Saint Mary’s University in San AntonioDoctor of Jurisprudence
Other boards
HousingWorks Austin; ULI Housing & Community Development Council; Capital Metro
Known for
ex-Milburn Homes
Work email: tmitchell@momarkdevelopment.com1 Email
https://linkedin.com/in/terry-mitchell-83172910
Various forms of denser housing, in appropriate locations, has to be the main source of housing for our future. BG Media Group 2019https://www.bgmediagp.com/bgpodcast/2019/4/3/episode-35-austin-developer-terry-mitchell-president-momark-development-llc

Sources: education

COMPANY2021-04-28

Terry Mitchell - Momark Development

Momark Development
Mr. Mitchell received his Bachelors of Business Administration from the University of Texas in Austin.
value seen: University of Texas in Austin
https://momarkdevelopment.com/team/terry-mitchell/

Sources: education

COMPANY2021-04-28

Terry Mitchell - Momark Development

Momark Development
He also received his Masters of Business Administration from Saint Edward’s University.
value seen: Saint Edward’s University
https://momarkdevelopment.com/team/terry-mitchell/

Sources: education

COMPANY2021-04-28

Terry Mitchell - Momark Development

Momark Development
He also received his Doctor of Jurisprudence from Saint Mary’s University in San Antonio.
value seen: Saint Mary’s University in San Antonio
https://momarkdevelopment.com/team/terry-mitchell/

Sources: email

SOCIAL2026-10-10

Terry Mitchell

LinkedIn
President - Momark Development LLC (see tmitchell@momarkdevelopment.com) (Current)
value seen: tmitchell@momarkdevelopment.com
https://linkedin.com/in/terry-mitchell-83172910

Sources: linkedin page

SOCIAL2026-10-10

Terry Mitchell

LinkedIn
President at Momark Development
value seen: https://linkedin.com/in/terry-mitchell-83172910
https://linkedin.com/in/terry-mitchell-83172910

Sources: other boards

COMPANY2021-04-28

Terry Mitchell - Momark Development

Momark Development
He currently serves on the Board of Directors of HousingWorks Austin, is Co-Chair of the ULI Housing & Community Development Council and currently serves on the Board of Directors of Capital Metro.
value seen: HousingWorks Austin; ULI Housing & Community Development Council; Capital Metro
held out of the figures · the quote does not carry this value
https://momarkdevelopment.com/team/terry-mitchell/

Sources: previous companies

COMPANY2021-04-28

Terry Mitchell - Momark Development

Momark Development
Prior to his arrival at Momark, Mr. Mitchell served in a number of management positions including as Vice President of Milburn Homes (D.R. Horton, Inc. division).
value seen: Milburn Homes (D.R. Horton, Inc. division)
https://momarkdevelopment.com/team/terry-mitchell/

Sources: quote

PRESS2019-02-19

Episode 35: Austin Developer Terry Mitchell, President, Momark Development LLC

BG Media Group
“Various forms of denser housing, in appropriate locations, has to be the main source of housing for our future.”
value seen: Various forms of denser housing, in appropriate locations, has to be the main source of housing for our future.
https://www.bgmediagp.com/bgpodcast/2019/4/3/episode-35-austin-developer-terry-mitchell-president-momark-development-llc

Sources: role type

COMPANY2021-04-28

Terry Mitchell - Momark Development

Momark Development
Terry E. Mitchell is President of Momark Development L.L.C. based in Austin, TX.
value seen: President
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://momarkdevelopment.com/team/terry-mitchell/

Sources: since

SOCIAL2026-10-10

Terry Mitchell

LinkedIn
Jun 2003 - Present (23 years and 4 months)
value seen: Jun 2003 - Present
https://linkedin.com/in/terry-mitchell-83172910

Sources: tags

COMPANY2021-04-28

Terry Mitchell - Momark Development

Momark Development
In his 20-plus years in real estate, Mr. Mitchell has developed over 20,000 residential units and over $1.8 billion in residential community value.
value seen: 20+ yrs real estate
held out of the figures · the quote does not carry this value
https://momarkdevelopment.com/team/terry-mitchell/

Sources: tags

COMPANY2021-04-28

Terry Mitchell - Momark Development

Momark Development
Prior to his arrival at Momark, Mr. Mitchell served in a number of management positions including as Vice President of Milburn Homes (D.R. Horton, Inc. division).
value seen: ex-Milburn Homes
held out of the figures · the quote does not carry this value
https://momarkdevelopment.com/team/terry-mitchell/

Sources: title

COMPANY2021-04-28

Terry Mitchell - Momark Development

Momark Development
Terry E. Mitchell is President of Momark Development L.L.C. based in Austin, TX.
value seen: President
https://momarkdevelopment.com/team/terry-mitchell/
BG
Bob Gass
Bob is a Momark partner whose earlier work included Centex and Trammell Crow Residential. His profile describes large-scale lot, apartment and mixed-use land development, followed by research, consulting and entitlement work.
Current title
Partner
Experience
no career length stated
Companies before
Centex homesTrammell Crow Residential Company
Education
Trinity University in San AntonioBA and MA degrees in Business
Harvard Business SchoolAdvanced Management Program
Other boards
none sourced
Known for
CentexTrammell Crow Residential

Sources: education

COMPANY2021-04-28

Bob Gass - Momark Development

Momark Development
Bob earned his BA and MA degrees in Business from Trinity University in San Antonio.
value seen: Trinity University in San Antonio
https://momarkdevelopment.com/team/bob-gass/

Sources: education

COMPANY2021-04-28

Bob Gass - Momark Development

Momark Development
He also completed the Harvard Business School’s Advanced Management Program, an intensive three-month course at the Executive Education Center on the HBS campus in Boston.
value seen: Harvard Business School
https://momarkdevelopment.com/team/bob-gass/

Sources: previous companies

COMPANY2021-04-28

Bob Gass - Momark Development

Momark Development
Bob Gass began his development career at Centex homes, acquiring and developing over 4000 single-family lots.
value seen: Centex homes
https://momarkdevelopment.com/team/bob-gass/

Sources: previous companies

COMPANY2021-04-28

Bob Gass - Momark Development

Momark Development
After Centex, Bob joined Trammel Crow Residential Company, eventually becoming Managing Partner-DFW and building 3400 apartments with a staff of 20+ finance, construction, and leasing professionals.
value seen: Trammell Crow Residential Company
held out of the figures · the quote does not carry this value
https://momarkdevelopment.com/team/bob-gass/

Sources: role type

COMPANY2021-04-28

Bob Gass - Momark Development

Momark Development
Partner
value seen: OTHER
value paraphrased from this source
https://momarkdevelopment.com/team/bob-gass/

Sources: tags

COMPANY2021-04-28

Bob Gass - Momark Development

Momark Development
Bob Gass began his development career at Centex homes, acquiring and developing over 4000 single-family lots.
value seen: Centex
https://momarkdevelopment.com/team/bob-gass/

Sources: tags

COMPANY2021-04-28

Bob Gass - Momark Development

Momark Development
After Centex, Bob joined Trammel Crow Residential Company, eventually becoming Managing Partner-DFW and building 3400 apartments with a staff of 20+ finance, construction, and leasing professionals.
value seen: Trammell Crow Residential
held out of the figures · the quote does not carry this value
https://momarkdevelopment.com/team/bob-gass/

Sources: title

COMPANY2021-04-28

Bob Gass - Momark Development

Momark Development
Partner
value seen: Partner
https://momarkdevelopment.com/team/bob-gass/
MS
Megan Shannon
Megan is a Project Principal responsible for community and land development. Her documented track record includes management of the $100MM+ Hatchery redevelopment and implementation of the Plum Creek master plan.
Current title
Project Principal
Experience
no career length stated
Companies before
none sourced
Education
The University of Texas at AustinMaster of Science, Community & Regional Planning
Lewis & Clark CollegeBachelor of Arts, Environmental Studies
Other boards
Greater San Marcos Partnership – Board Member, Finance Committee, January 2021
Known for
Project Principal$100MM+ Hatchery
https://linkedin.com/in/megan-shannon-a2254b65
since Since joining Momark in 2014

Sources: education

COMPANY2021-04-28

Megan Shannon - Momark Development

Momark Development
- The University of Texas at Austin, Austin, TX, Master of Science, Community & Regional Planning
value seen: The University of Texas at Austin
https://momarkdevelopment.com/team/megan-shannon/

Sources: education

COMPANY2021-04-28

Megan Shannon - Momark Development

Momark Development
- Lewis & Clark College, Portland, OR, Bachelor of Arts, Environmental Studies
value seen: Lewis & Clark College
https://momarkdevelopment.com/team/megan-shannon/

Sources: linkedin page

SOCIAL2026-10-10

Megan Shannon

LinkedIn
Development Principal at Momark Development
value seen: https://linkedin.com/in/megan-shannon-a2254b65
https://linkedin.com/in/megan-shannon-a2254b65

Sources: other boards

COMPANY2021-04-28

Megan Shannon - Momark Development

Momark Development
Greater San Marcos Partnership – Board Member, Finance Committee, January 2021
value seen: Greater San Marcos Partnership – Board Member, Finance Committee, January 2021
https://momarkdevelopment.com/team/megan-shannon/

Sources: role type

COMPANY2021-04-28

Megan Shannon - Momark Development

Momark Development
As a Project Principal with Momark Development, Megan Shannon is experienced in all facets of community and land development in Austin and Central Texas.
value seen: HEAD_OF_DEVELOPMENT
value paraphrased from this source
https://momarkdevelopment.com/team/megan-shannon/

Sources: since

COMPANY2021-04-28

Megan Shannon - Momark Development

Momark Development · carried by linkedin.com
Since joining Momark in 2014, Megan has been responsible for development of urban infill residential, mixed use and infrastructure projects, and greenfield land development including creating a municipal utility district at the Texas legislature.
value seen: Since joining Momark in 2014
https://linkedin.com/in/megan-shannon-a2254b65

Sources: tags

COMPANY2021-04-28

Megan Shannon - Momark Development

Momark Development
As a Project Principal with Momark Development, Megan Shannon is experienced in all facets of community and land development in Austin and Central Texas.
value seen: Project Principal
https://momarkdevelopment.com/team/megan-shannon/

Sources: tags

COMPANY2021-04-28

Megan Shannon - Momark Development

Momark Development
Megan has been the development manager of the $100MM+ redevelopment of the RBJ Center into the Hatchery, a mixed-income and mixed-age community in Central East Austin, including responsibility for the entire project lifecycle of The Weaver residences.
value seen: $100MM+ Hatchery
https://momarkdevelopment.com/team/megan-shannon/

Sources: title

COMPANY2021-04-28

Megan Shannon - Momark Development

Momark Development
As a Project Principal with Momark Development, Megan Shannon is experienced in all facets of community and land development in Austin and Central Texas.
value seen: Project Principal
https://momarkdevelopment.com/team/megan-shannon/
SS
Steven Spears
Steven is a Project Principal focused on entitlements, large-scale land planning and town-center development. He previously partnered at an international planning, design and economics firm and has led major Momark planning work.
Current title
Project Principal
Experience
23+ years experience
Companies before
none sourced
Education
The University of Texas at Austin, School of Design and Creative TechnologiesMaster of Fine Arts in Design
Ball State University, College of Architecture and PlanningBachelor of Landscape Architecture
Other boards
American Society of Landscape Architects – National Council of Fellows (FASLA); American Institute of Certified Planners (AICP); Professional Landscape Architect (PLA)
Known for
FASLA
https://linkedin.com/in/steven-spears-fasla-pla-aicp-0b070710
since Joined Momark in 2017

Sources: education

COMPANY2021-04-28

Steven Spears - Momark Development

Momark Development
- The University of Texas at Austin, School of Design and Creative Technologies, Master of Fine Arts in Design
value seen: The University of Texas at Austin, School of Design and Creative Technologies
https://momarkdevelopment.com/team/steven-spears/

Sources: education

COMPANY2021-04-28

Steven Spears - Momark Development

Momark Development
- Ball State University, College of Architecture and Planning, Bachelor of Landscape Architecture
value seen: Ball State University, College of Architecture and Planning
https://momarkdevelopment.com/team/steven-spears/

Sources: linkedin page

SOCIAL2026-10-10

Steven Spears

LinkedIn
Development Principal at Momark Development
value seen: https://linkedin.com/in/steven-spears-fasla-pla-aicp-0b070710
https://linkedin.com/in/steven-spears-fasla-pla-aicp-0b070710

Sources: other boards

COMPANY2021-04-28

Steven Spears - Momark Development

Momark Development
American Society of Landscape Architects – National Council of Fellows (FASLA); American Institute of Certified Planners (AICP); Professional Landscape Architect (PLA)
value seen: American Society of Landscape Architects – National Council of Fellows (FASLA); American Institute of Certified Planners (AICP); Professional Landscape Architect (PLA)
https://momarkdevelopment.com/team/steven-spears/

Sources: role type

COMPANY2021-04-28

Steven Spears - Momark Development

Momark Development
As a Project Principal with Momark Development, Steven Spears is focused on entitlements, large-scale land planning, and town-center development in Austin and Central Texas.
value seen: HEAD_OF_DEVELOPMENT
value paraphrased from this source
https://momarkdevelopment.com/team/steven-spears/

Sources: since

COMPANY2021-04-28

Steven Spears - Momark Development

Momark Development · carried by linkedin.com
Steven joined Momark in 2017, after 20 years of consulting.
value seen: Joined Momark in 2017
https://linkedin.com/in/steven-spears-fasla-pla-aicp-0b070710

Sources: tags

COMPANY2021-04-28

Steven Spears - Momark Development

Momark Development
In 2015, Steven was inducted into the American Society of Landscape Architects National Council of Fellows, specifically for his work in design, infrastructure, and innovative stormwater management, one of the highest distinctions in these profession.
value seen: FASLA
held out of the figures · the quote does not carry this value
https://momarkdevelopment.com/team/steven-spears/

Sources: tags

COMPANY2021-04-28

Steven Spears - Momark Development

Momark Development
Steven has 23 years of experience as planner, urban designer, landscape architect and now a developer.
value seen: 23 years experience
held out of the figures · the quote does not carry this value
https://momarkdevelopment.com/team/steven-spears/

Sources: title

COMPANY2021-04-28

Steven Spears - Momark Development

Momark Development
As a Project Principal with Momark Development, Steven Spears is focused on entitlements, large-scale land planning, and town-center development in Austin and Central Texas.
value seen: Project Principal
https://momarkdevelopment.com/team/steven-spears/
DS
Debra Stratton
Debra is Momark’s Controller, overseeing accounting, reporting, forecasting and business and construction operations. Her profile describes 25 years of financial-management experience and nearly two decades overseeing reporting, tax and audit functions for a property-accounting division.
Current title
Controller
since 2018
Experience
25+ years financial management
Companies before
none sourced
Education
University of Phoenix, Tucson, AZMaster of Business Administration
The University of Arizona, Tucson, AZBachelor of Science in Accounting
Other boards
none sourced
Known for
Controller

Sources: education

COMPANY2021-04-28

Debra Stratton - Momark Development

Momark Development
- University of Phoenix, Tucson, AZ, Master of Business Administration
value seen: University of Phoenix, Tucson, AZ
https://momarkdevelopment.com/team/debra-stratton/

Sources: education

COMPANY2021-04-28

Debra Stratton - Momark Development

Momark Development
- The University of Arizona, Tucson, AZ, Bachelor of Science in Accounting
value seen: The University of Arizona, Tucson, AZ
https://momarkdevelopment.com/team/debra-stratton/

Sources: role type

COMPANY2021-04-28

Debra Stratton - Momark Development

Momark Development
As the Controller of Momark Development, Debra Stratton oversees all company accounting practices including financial reporting, management and forecasting, and ensures smooth business and construction operations.
value seen: CFO
value paraphrased from this source
https://momarkdevelopment.com/team/debra-stratton/

Sources: since

COMPANY2021-04-28

Debra Stratton - Momark Development

Momark Development
Debra joined Momark in 2018 and brings 25 years of financial management experience working with multifamily, land and condominium conversions, and diversified real estate portfolios across the Southwest and Texas.
value seen: 2018
https://momarkdevelopment.com/team/debra-stratton/

Sources: tags

COMPANY2021-04-28

Debra Stratton - Momark Development

Momark Development
As the Controller of Momark Development, Debra Stratton oversees all company accounting practices including financial reporting, management and forecasting, and ensures smooth business and construction operations.
value seen: Controller
https://momarkdevelopment.com/team/debra-stratton/

Sources: tags

COMPANY2021-04-28

Debra Stratton - Momark Development

Momark Development
Debra joined Momark in 2018 and brings 25 years of financial management experience working with multifamily, land and condominium conversions, and diversified real estate portfolios across the Southwest and Texas.
value seen: 25 years financial management
held out of the figures · the quote does not carry this value
https://momarkdevelopment.com/team/debra-stratton/

Sources: title

COMPANY2021-04-28

Debra Stratton - Momark Development

Momark Development
As the Controller of Momark Development, Debra Stratton oversees all company accounting practices including financial reporting, management and forecasting, and ensures smooth business and construction operations.
value seen: Controller
https://momarkdevelopment.com/team/debra-stratton/

Projects

Assessment coverage

Completed projects: 2016-10-16 through 2026-10-16. Initial research is capped at 10 completed projects and a separate delivery-risk search capped at 7 findings. Risk findings are not project assessment counts. Absence is not proof of a complete portfolio or no failures. Month-level dates overlapping a boundary are excluded from figures.

1 undated completions and 0 boundary-uncertain completions are retained but excluded from figures.

Stalled, cancelled & overdue projects

0 evidenced cases
The capped delivery-risk search ran; no project-level exception cases are recorded here. Risk findings are listed under Risks and are separate from assessed projects. This does not establish that the developer has no delivery failures.

Completed projects

5 projects
ProjectLocationTypeUnitsFloorsAreaCostPayment planLaunchedConstruction startOriginal targetHandoverDelayConfidenceStatus
Canopy at Westgate Grove — Phase IIAustin, United States
residential for sale881————2019Oct. 21Jan 2022 – Dec 2022Jan 2024 – Dec 2024+24.0 mo
(+13.0 to +35.0)
estimatedcompleted
The Brick and Mortar District at Plum Creek — Phase 1AKyle, United States
mixed use, residential for rent, retail3001———————Mar 2023—not scorablecompleted
Mint House The HatcheryAustin, United States
hotel301———————Dec 2020—not scorablecompleted
Weaver Residences at the HatcheryAustin, United States
residential for rent25015——————Jan 2020 – Dec 2020—not scorablecompleted
EdgewickAustin, United States
residential for sale2901————2012September 22, 2012—Sep 2018—not scorablecompleted
Click any row for the sources behind it. Cost basis matters: an estimated cost, a construction loan and a sale price are different numbers. Each row states which one it is, so they are never averaged together.

Awards

Awards & recognition

7 found
PROJECT AWARD Winner May 8, 2019
Austin Business Journal Commercial Real Estate Awards — Multifamily Development · Tyndall at Robertson Hill
Tyndall at Robertson Hill won the top award in the Multifamily Development category; Momark Development was identified as part of the project team and developer.
PROJECT AWARD Winner 2016
ULI Austin Innovation Award · The Denizen
The developer reports that The Denizen received the ULI Austin Innovation Award.
PROJECT AWARD Winner 2011
Multi-Family Executive Awards — Grand Winner, High-Rise Condo · The Austonian
The developer reports that The Austonian was a Grand Winner in the High-Rise, Condo category.
PROJECT AWARD Winner 2010
McGraw Hill National Best of Multi-Family/Hospitality Project · The Austonian
The developer reports that The Austonian received the national Best of Multi-Family/Hospitality Project recognition.
SUSTAINABILITY Certified 2010
Four Star Green Builder Rating · The Austonian
The developer reports that The Austonian received the City of Austin’s Four Star Green Builder Rating.
PROJECT AWARD Winner 2006
Envision Central Texas Best New Development of the Year · Plum Creek
The developer reports that Plum Creek received the Best New Development of the Year recognition.
PROJECT AWARD Winner 2006
American Planning Association Central Texas Project of the Year · Sanctuary Lofts
The developer reports that Sanctuary Lofts received the Central Texas Project of the Year award.
American Planning Association, Central Texas Chapter · https://momarkdevelopment.com/awards-and-recognition/

Risks

Risk flags

2 found
LEGAL Agreement terminated October 14, 2021; trial-court judgment January 4, 2022; appellate decision February 17, 2023
A buyer sued Westgate Momark, LLC and Alex Valdes for alleged breach of a purchase agreement for Unit 3203 at Westgate Grove Condominiums after the agreement was terminated on October 14, 2021; the trial court granted summary judgment for the defendants on January 4, 2022, and the Texas Court of Appeals affirmed on February 17, 2023, finding that the buyer had not provided the required income certification.
DELIVERY DELAY Application submitted August 5, 2021
In an August 5, 2021 City of Austin funding application, Momark stated that the Canopy at Westgate Grove II project had been ongoing for several years, that five of its eleven buildings and 40 homes still required completion, and that substantial construction-cost increases and supply-chain problems had made additional City funding critical; the application projected completion in 2022, which is a future commitment rather than evidence of actual completion, and no current completion confirmation was located.

Record status

active
Coverageactive
Tracked sinceOctober 10, 2026
Last checkedOctober 16, 2026 this month
Profile last researchedOctober 16, 2026
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For informational purposes only. This information is not investment, financial or credit advice and should not be relied on for investment, lending or credit decisions. Records may be incomplete or outdated. Verify information independently and seek qualified advice before making a decision.