Watershed Development Group
2–10 employees 1 principals
Last updated
About Watershed Development Group
Watershed Development Group is a real estate operator. Watershed Development Group operates in Austin, Texas, Dallas, Texas and Detroit, Michigan. Its investment focus is on Covered Land & Land Banking, Hospitality and Industrial.
Watershed Development Group has focused its real estate development efforts on three property categories: multifamily housing, single‑family subdivisions, and creative “covered land” developments. The company is led by founder Nathan “Nate” Vargo, who has held key development‑executive roles since 2008, meaning Watershed’s team brings at least 17 years of development experience. Vargo has transacted, developed, and planned more than USD 500 million in real estate assets across multifamily, mixed‑use, office, warehouse/distribution, and residential housing. One of Watershed’s recent projects in Austin broke ground in March 2022: a 34,364‑square‑foot multifamily building called Sixth and Chicon, featuring 60 micro‑housing apartments over six floors, with coworking spaces, workout rooms, community kitchens, and rooftop patio, slated for completion in summer 2023.
Principals at Watershed Development Group
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Recent activity at Watershed Development Group
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Watershed Development Group's project portfolio
1 project on file · Hospitality (1)
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Markets and themes
Markets Watershed Development Group operates in
Investment themes at Watershed Development Group
- Covered Land & Land Banking
- Hospitality
- Industrial
- Logistics
- Micro-apartments
- Multifamily - Value-Add
- Single-Family Homes
- Suburban Office
- Workforce Housing
Capabilities
- Asset Management
- Construction Management
- Custom Homes
- Economic Development
- Site Development
- Sustainability
Operators similar to Watershed Development Group
- Caves Valley PartnersEmerging tierCovered Land & Land BankingWorkforce Housing+6 more themes
- AncorianEmerging tierHospitalityCovered Land & Land Banking+5 more themes
- Gilezan GlobalEmerging tierSuburban OfficeHospitality+4 more themes
- Oak Realty Group, Inc.Emerging tierDallas, TexasSuburban OfficeCovered Land & Land Banking+3 more themes
- Christianson CompaniesEmerging tierDallas, TexasSuburban OfficeHospitality+3 more themes
- SLJ CompanyEmerging tierDallas, TexasSuburban OfficeCovered Land & Land Banking+3 more themes
- Clous Road Partners (CRP)Emerging tierSingle-Family HomesMicro-apartments+4 more themes
- CRC Development LLCEmerging tierSuburban OfficeIndustrial+4 more themes
- Devora RealtyEmerging tierAustin, TexasSingle-Family HomesSuburban Office+2 more themes
- FGMI Inc.Emerging tierAustin, TexasDallas, TexasSuburban OfficeHospitality+1 more theme
Frequently asked questions about Watershed Development Group
- What does Watershed Development Group do?
- Watershed Development Group has focused its real estate development efforts on three property categories: multifamily housing, single‑family subdivisions, and creative “covered land” developments.
- What markets does Watershed Development Group operate in?
- Watershed Development Group is active in Austin, Texas, Dallas, Texas, and Detroit, Michigan.
- How many employees does Watershed Development Group have?
- Watershed Development Group has 2–10 employees.