Developers break ground on apartments west of downtown

​AUSTIN – CWS Capital Partners LLC and Oden Hughes LLC have broken ground on a 226-unit Class A multifamily community west of downtown.

The six-story project at 1301 W. Fifth St. will offer one-, two-, and three-bedroom units. Ten percent will be rented at below-market rates to qualified households. ​​

Scheduled to open in late 2018, the project will include nearly 2,200 sf of ground-floor retail.

Kelly Grossman Architects designed the project.

This is the first project co-developed by the two locally based companies.