AUSTIN - Ground has broken on a new 19-story luxury apartment tower in Austin at 214 Barton Springs Rd. The project will feature 300 apartment homes with high design elements modeled after a boutique hotel. Costs on the project are estimated at $50 million, according to state filings.
The new apartments will average 900 sf in size with site lines overlooking Lady Bird Lake, the downtown skyline, the State Capitol, and the West Hills. Other features of the project include a pool deck, fitness center, lounge and coffee bar.
StreetLights Residential and Hunt Companies, Inc. have joint ventured to construct the building. Preleasing is expected to begin summer 2014 with an anticipated opening by August 2014.
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