AUSTIN - The Seaholm development in downtown Austin is planned to bring 280 condo units. The condos are expected to hit the market at about $450 to $500 per sf.
The condominiums are expected to be priced from about $300,000 to as much as $1.4 million. The price puts the condos at Seaholm within the market range for Austin but below top-of-the-market projects.
The developer, Seaholm Power LLC, recently switched the residential component of the project from more than 300 apartments to 280 condominium units.
The switch could position Seaholm as one of the only projects downtown offering condos in an Austin real estate market that has been starved for condo inventory.
The Seaholm project is expected to be delivered in first quarter 2015.
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