Fourth & brings residential and office space to East Austin

AUSTIN – A 130,000-sf residential condo and commercial project — named Fourth & — will be built at Fourth and Chicon streets in a flourishing area of East Austin.

Rance Clouse, founder of Capsa Ventures LLC, said demolition on an existing warehouse will begin by August 1. The project — 97 residential units and 42,000 sf of commercial space — is expected to be finished by fall 2016.

The residential units range from 512 sf to 1,465 sf. Prices will start at about $235,000 for a studio and top out around $600,000.

The commercial space could be purchased for offices or studios and some limited retails uses. A business could purchase up to 15,000 sf of contiguous space or as small as 750 sf. Prices for commercial space range from $330 to $365 per sf.

Amenities include reserved and guest parking, a dog wash, public showers along the adjacent bike trail, an amenity deck with outdoor grills and a conference room.

Click Austin NewsTalk Texas and Austin Market Research.