On June 13, 2025, Stratus Properties Inc. formed a partnership for the development of a 570-acre mixed-use project called Holden Hills Phase 2, including a $95.7 million land contribution and $47.9 million cash investment. The company also increased its share repurchase program from $5 million to $25 million, having already repurchased $2 million as of June 20, 2025.