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Austin lux apartments underway near Whole Foods HQAustin lux apartments underway near Whole Foods HQhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=161052017-03-21T05:00:00Z2017-03-21T20:55:00Z

​​AUSTIN – Oden Hughes LLC and CWS Capital Partners LLC have created a joint venture to build an upscale apartment community just west of downtown near the flagship Whole Foods Market Inc. store on Sixth St. 

The 226-unit complex with associated retail has broken ground at 1301 W. Fifth St. on a 1.6-acre site that previously was occupied by an AT&T office building and fleet parking lot. 

Documents at the City of Austin show that the project is valued at nearly $29 million.

About 10 percent of the units—one, two and three-bedroom floor plans—will be leased at below market rates to qualified households.

The development is scheduled to deliver in late 2018, including the 2,200-sf retail space on the ground floor.​
Austin Business Journal
Austin-Round Rock
Multifamily
http://www.bizjournals.com/austin/news/2017/03/20/seasoned-developers-start-work-on-austin-luxury.html

​Wan​t more data? See Austin Multifamily Market Research. 

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