Beau Armstrong

Beau Armstrong and Stratus Properties Inc. are well known for their many successes in both residential and commercial real estate development in Austin, Texas. Mr. Armstrong is the Chairman and CEO of the publicly owned company, which trades on NASDAQ as STRS. He has guided Stratus through the development and completion of such prestigious residential and mixed-use communities as the signature Barton Creek, Circle C Ranch, Lantana, Crestview Station, and Meridian. The firm’s residential sales operations are conducted through its wholly owned subsidiary, Avalon Realty Company. Commercial development has become an increased part of the Stratus profile, along with a continued commitment to sustainable living. Beau Armstrong is a significant force in shaping and evolving Austin’s celebrated downtown area. In 2011, the company completed construction on Block 21, a 1 million-square-foot mixed-use development, featuring a 37-story skyscraper ranked among the world’s most eco-friendly buildings. The site features the W Austin Hotel and Residences, shops, restaurants, apartments, and a state-of-the-art venue showcasing Austin City Limits performances and broadcasts. Stratus is currently in production on Parkside Village, a retail center in the Circle C community that will feature the popular upscale Alamo DrafthouseCinema. Beau Armstrong studied Economics at the University of Colorado, earning his Bachelor of Arts. He moved to Austin early in his career, and then went to work as a vice-president of a nationally known real-estate investment banking and advisory firm. He has been a key executive with Stratus Properties since the company’s inception in 1992. Beau Armstrong serves as a member of the U.S. Green Council finance committee. He also belongs to NAREIT, the Urban Land Institute, and the Real Estate Council of Austin. He is active in numerous charitable organizations, and is a past board member of the M.D. Anderson Cancer Center in Houston, and Caritas of Austin, an organization dedicated to helping those experiencing poverty. In 2011,Beau Armstrong was named one of the Top 10 Austinites by arts and culture magazine Tribeza.