AUSTIN - Grounbreaking is today on 7EAST —186 high-end apartments in East Austin. 7EAST will be built on East Seventh St. between Chicon St. and Robert T. Martinez Jr. Blvd. Additionally, 7EAST will have nine street-level commercial spaces for small businesses and shops.
The project will include some units with rents within reach of families earning 60 percent of the area’s median family income. The first apartments are expected to be ready for tenants by summer 2015, with the entire project due to be completed in early 2016.
Ardent Residential and Stonelake Capital Partners purchased the land in November 2012 and has torn down a run-down warehouse to make way for the new development.
Read more at the Austin American-Statesman.
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