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5th Street Commons
Gables Residential Inc.& Direct Development have developed 5th Street Commons, a mixed use project with 38000 sf of retail and restaurants & 138 residences to 5th Street between West Lynn and Campbell streets
.Firm plans four Austin apartment complexes worth $200 million
2011
In its first push into luxury apartment development, Austin-based Cypress Real Estate Advisors plans to build four complexes in Austin that will total $200 million worth of new development and add 1,112 units to a multifamily market where rents and occupancies have risen to record levels.
Cypress' projects call for a 318-unit complex at South Lamar Boulevard and Manchaca Road; 302 apartment units at University Park, a planned mixed-use development on the former Concordia University campus north of downtown ; 262 units in Corazon, a project planned in the block bounded by East Sixth, East Fifth, San Marcos and Medina streets; and a 230-unit complex set for the South Lakeshore Boulevard area off East Riverside Drive and Tinnin Ford Road, where older apartments have been razed to make way for the new upscale units.
The Lakeshore project is scheduled to be the first to break ground, with road and utility work set to start in August, followed by construction on a three-story apartment building in September. It will be the first phase of a larger project planned for 50 acres that could also include townhomes and office space.
The other projects are scheduled to start next year, including a targeted March launch for Corazon, slated for an area where an eclectic mix of restaurants and other businesses is emerging. Corazon would be on land now occupied by food vendors, some of which Cypress hopes to incorporate into its development, which could open in June 2013.
Cypress invests in or develops mainly residential and mixed-use properties and has about $1.2 billion in assets under management.
Fueled by factors including job and population growth - 50,000 people moved into Central Texas in 2010, according to the U.S. Census Bureau - the Austin area has robust demand for apartments, yet relatively few projects in the pipeline. In addition, stricter mortgage lending requirements have meant fewer borrowers are qualifying for home purchases, which is pushing up apartment occupancy rates and rents, experts say.
John Burnham and Dudley Simmons are heading up Cypress' apartment development efforts. They said they hope to seize on the area's apartment market and save 10 percent to 15 percent on construction costs before they start to escalate.
With the supply of apartment units tightening, "it's a little bit of a race to put new product on the ground," said Burnham, who with Simmons is a managing director of Cypress' multifamily development arm.
"It's not dipping your toes in," said Burnham, who formerly worked with Simmons at Simmons Vedder Partners.
Charles Heimsath, a real estate consultant based in Austin, said the apartment market "is certainly the strongest commercial market segment in Austin right now." "Demand has continued unabated with very little new supply coming to market, which is driving both occupancy and increases in rent," Heimsath said.
The occupancy rate in the Austin metro area is "extraordinarily high" at 96 percent, Heimsath said. And the average rent for a two-bedroom unit reached an all-time high in June at $1,043 a month, a 5.5 percent increase from December, which "shows terrific strength in the local apartment market," he said.
Over the past 20 years, the Austin metro area, including southern Williamson and northern Hays counties, has had a net increase in leased apartments of about 4,000 units a year, Heimsath said.
He said 2,404 units are under construction now that will open this year or next. An additional 4,500 units are in the pipeline to start this year or in 2012. Through 2020, Heimsath projects that there will be demand for about 5,000 new apartment units each year.
Heimsath, whom Cypress hired to conduct a market research for the Corazon project, said he is confident the firm will get at least one or two of its projects started this year.
He also expects "a few more (apartment) construction starts this year," as developers scramble to get their city approvals and complete the design work necessary to start their projects.
Other area apartment complexes now under construction include:
• Post South Lamar, a 298-unit complex that Post Properties Inc. of Atlanta is building at 1500 S. Lamar Blvd.
• The second phase of Camden Amber Oaks near Parmer Lane and RM 620 - 244 units that will be ready for tenants in March 2012
The University Park Apartments, planned for the former Concordia University campus, would have 302 units averaging 827 square feet. Construction could begin next summer and take a year.
Captex forming new venture to build 1,000 apartments
2011
Two Austin-based companies have teamed to form a new business that plans to build 1,000 apartments in four projects over the next two to three years across Central Texas, company officials said.
The first two projects are expected to be in the Lakeline Mall area, and one could be under construction before the end of the year.
HPI Real Estate Services & Investments and Captex Development Co. have tapped apartment industry veteran Jim Norman to head the new venture, HPI Residential. The new company will specialize in multifamily development at a time when job and population growth, Austin's younger demographic, limited apartment construction and stricter mortgage lending requirements have pushed rents and occupancies higher.
Until now, HPI Real Estate has mainly been involved in the office and industrial market, developing nearly 5 million square feet in Central Texas, including San Clemente at Davenport along Loop 360 and Davis Springs Corporate Center, a mixed-use project that HPI Real Estate developed with Captex near Parmer Lane and RM 620.
Captex mostly has done residential land development, with projects including the 900-acre Canyon Creek community on RM 620. Captex also started the Forest Creek residential project in Round Rock.
The partnership comes as the region's apartment market is experiencing a resurgence. Rents rose to their highest level on record by the end of 2010 — an average of $731 a month for the average one-bedroom and $989 for the average two-bedroom — and leasing levels soared to an all-time high in 2010, according to Capitol Market Research, an Austin-based real estate consulting firm.
Developers Post Properties, Colonial Properties Trust and Simmons Vedder are planning to start projects soon in areas including South Austin and the Mueller development.
"The timing for multifamily development in Austin is perfect right now," Norman said. "Our focus will be on Class A (top-tier) suburban and urban properties. We hope to have our first deals well under way by year-end."
The first project could be on 22 acres at the northwest corner of Parmer Lane and Spectrum Drive, part of the Davis Springs Corporate Center project that HPI Real Estate and Captex developed, or on a 20-acre site in the same area that HPI and Captex hope to have under contract by Friday, said Fred Eppright, a partner with Captex along with John Simmons.
An application was filed Monday for a zoning change to a multifamily use for the 22 acres, he said.
HPI Residential intends to build apartments at Davis Springs even if it acquires the other site. It has an additional 25 to 30 acres on the 100-acre Davis Springs site that could be rezoned for apartments.
HPI Residential is evaluating about 20 sites for its third and fourth projects, which also could be in locations not yet on the radar, said Dick Anderson, a partner with HPI Real Estate Services.
HPI Residential is focused on suburban locations but also is interested in sites within five miles of downtown, Anderson said.
Anderson said each project would represent an investment of about $30 million.
Projects will add 780 apartments along East Riverside corridor
Two apartment projects announced several years ago along East Riverside Drive are ready to move forward as the local multifamily market heats up. With a third project under way, the plans will add 780 residential units to an area that has seen little new development in recent years.
Developers say that over the next several years, their projects will bring new investments and help reshape an area with a high crime rate.
Austin-based Cypress Real Estate Advisors plans to start construction later this year on the street and utility infrastructure for the western 26 acres in what is known as the Lakeshore planned unit development, or PUD . A month or two later, Cypress will break ground on the first component, a $30 million apartment project with 230 luxury units along South Lakeshore Boulevard, east of Riverside Drive.
Rents for units in the three-story building are expected to range from $900 a month for a one-bedroom to $1,600 a month for a three-bedroom unit, said David Cox, senior vice president of development for Cypress. It will be the first component of a larger, mixed-use project planned for the 50-acre site, which Cypress plans to develop in phases over the next seven or eight years, Cox said.
Nearby, Houston-based Grayco Partners plans to start construction by the fall on 250 apartments in a four-story building with street-level retail, according to plans filed with the city.
At the northeastern corner of Riverside and Interstate 35, CDK Riverside has started work on a 300-unit, four-building complex on the lakefront site of a failed condominium project. The CityView project is expected to be completed in 2013.
Cypress and Grayco announced their projects in 2006 and 2007, respectively, and tore down hundreds of aging apartment units to make way. But the recession and lack of financing for major new developments delayed the start of work.
AMLI Residential was the first developer to build a major new project in the area. The 375-unit AMLI South Shore apartment complex opened last year, and AMLI said leasing is ahead of expectations, with occupancy now at 73 percent. Aside from apartments with amenities such as a swimming pool and on-site fitness center, the project has attracted new street-level retail.
That success, coupled with a loosening of financing for new apartment development in recent months, has prompted other developers to start projects.
"We are very excited about the transformation that has begun to occur around Lakeshore," Cox said. "The recently completed projects have outperformed expectations, and we are excited to participate in the redevelopment of the Lakeshore area."
The area is attractive because it is near downtown, along Lady Bird Lake, but it is more affordable than downtown, Cox said. "That's part of the value here. We can offer units at a significant discount to what you can rent downtown," Cox said.
AMLI CEO Greg Mutz said recently that Austin is the strongest of AMLI's 11 apartment markets nationwide.
Mutz said Tuesday that a number of forces are fueling apartment demand.
"First, demand is accelerating with the job recovery in Austin and the increasing percent of households that prefer to rent versus own," Mutz said. "Second, there is very little new supply of rental housing hitting the market in Austin this year."
Some residents in the East Riverside area have said they're not happy about the new wave of apartments, saying they would like to see a broader mix of development, especially more owner-occupied housing in an area that already has a high concentration of rental properties.
But developers say the new project will benefit the area. And the new development meshes with the goal of city leaders to enhance East Riverside Drive as a gateway to the city.
Cypress is in discussions with a builder on the sale of a 21/2-acre parcel that would be developed with about 50 townhomes, Cox said
The new projects come as Austin's apartment market turns in landlords' favor.
In a new report, Austin Investor Interests, which tracks the apartment market, said that "on the heels of a banner year that saw significant gains in both rent and occupancy, the first quarter of 2011 confirms that the Austin apartment market has finally set a new course."
"Breaking historical trends that produced only one positive quarter per year, the first quarter continued to see increases in both occupancy and rent," the report said.
The report said the local apartment market should continue to see growth during the next 12 to 18 months. However, it cautioned that many of the new tenants are "out-of-state job seekers" who may or may not find work. Another concern is "a construction pipeline that includes over 20,000 new units."
Developers eyeing boutique hotel, apartments just south of downtown
May 6, 2011
A failed downtown-area condominium project could be revived as apartments, and a fast-food restaurant could give way to a boutique hotel-condominium project, as developers move to take advantage of Austin's strengthening economy and an improved climate for construction financing.
Crescent Resources is evaluating whether to revive its former Aquaterra condominium project at 210 Barton Springs Road, as apartments, albeit under a different name, said Scott Makee, regional director for Texas and Tennessee for Crescent.
Makee said Friday that it was too early to speculate about the future of the site but noted, "Crescent is excited about the Austin multifamily market, which is experiencing rising rents, limited supply and shrinking vacancies."
At Lamar Boulevard and Riverside Drive, California-based Post Investment Group is looking at the possibility of building a six-story boutique hotel with about 150 rooms. The 1.15-acre site is now occupied by a Taco Cabana, whose lease expires in February 2012, Post said.
Preliminary plans for the $40 million project also call for 12 condominiums on the hotel's top floors, with units priced in the $600,000 to $700,000 range, said Jason Post, president of Post, which acquires and develops multifamily properties around the country.
Post said his company is in discussions with several hotel brands about the project, which would have a rooftop pool, a restaurant and bar and other amenities.
If Post can't get financing for a hotel, the company would build an apartment building with 120 units or a condo building with 110 units.
"We'll do something for sure," said Post, whose company bought the site Jan. 31 for an undisclosed price.
Several developers also are looking at a site at West Seventh and Rio Grande streets, where CLB Partners once planned the 34-story 7Rio condominium tower.
Dallas-based CLB shelved the project in 2007, and Will Cureton, a CLB founder and partner, said his firm dropped its long-term option on the land in December.
However, he said, the company is scouting sites for apartment projects in the downtown area and "absolutely" would consider the site again.
Other developers also have expressed interest in the tract, although landowner Mike McGinnis declined to comment.
"The apartment market is recovering very nicely," Cureton said. "Demand for apartments and rents have risen substantially."
On the financing front, he said: "The institutional investor is much more interested in investing in Austin than it was six months ago. And the private equity firms are also very interested in what's happening in Austin, Texas."
In the case of Aquaterra, Crescent already has entitlements for the site and would not need to go through a new zoning process.
Aquaterra, announced in 2006, was designed to be 19 stories high, with 173 units. But Crescent shelved the project during the recession.
Brett Rhode, an Austin architect who designed the original project, said the project is being reconfigured for apartments.
"The atmosphere is much more positive now than even a few months ago in terms of moving forward with projects in the downtown area," said Rhode, principal with Rhode Partners. "It's likely we will see some of our stalled projects come back to life, giving us a chance to rethink and improve our designs."
Charles Heimsath, an Austin real estate consultant who has done preliminary consulting on both the Crescent and Post projects, said that in the current economy, it is "very unlikely" a developer could get financing for a downtown condominium project.
Switching to apartments would be "an obvious choice" for developers who own sites that already have entitlements, he said.
The American-Statesman reported in March about another potential project. Riverside Resources, an Austin-based investment and development company, had put the former Whitley Printing Co. site at Third and Brazos streets downtown under contract for a possible apartment project, although the company said it was leaving all options open.
Greg Miller, vice president of CWS Capital Partners, an Austin-based real estate investment company, said, "I think capital is interested in Austin again, and particularly in the urban environment, so a lot of developers are either looking for development opportunities or dusting off old plans.
"Since the beginning of the year, the capital markets have loosened up, and the apartment fundamentals have gotten better," he said.
More apartments coming to UT campus area
March 2, 2011,
Crescent Resources LLC plans to start construction this month on a 167-unit apartment project on a vacant site at West 25th and Longview streets near the University of Texas campus, with the first units ready for residents in June 2012.
Circle West Campus will have a mix of studios and one-, two-, and four-bedroom apartments with a total of 477 beds. The complex will have a pool, tanning beds, a community study café and lounge and a recreation room with the latest interactive gaming systems, a pool table and a poker table.
Crescent Resources, based in Charlotte, N.C., says its Circle apartment projects are highly sought-after in its four existing communities in Tampa; Jacksonville, Fla.; and Charlotte and Concord, N.C. Circle communities feature environmentally conscious design and materials, upscale amenities and Energy Star appliances, Crescent officials say.
The Austin project will be the first Circle project serving students, the company says. Crescent would not disclose a pricetag for the project.
“Circle West Campus will offer a unique student-living experience that isn’t typically found in campus housing,” said Todd Farrell, president of Crescent’s Multifamily Development Group. The community’s uncommon amenities will provide a great environment for both study and recreation.”
The project will be built to meet the requirements of the Austin Energy Green Building Multifamily rating system.
The architect is Kelly Grossman Architects of Austin. The general contractor is Rampart Construction of Austin and Grapevine. The civil engineer is Bury+Partners Inc.
Circle West Campus was financed by an equity investment from Crescent Resources, with mezzanine financing provided by Transwestern Mezzanine Realty Partners III LLC, and a construction loan from Capital One Bank. The Dallas office of HFF advised Crescent on the financing.
March 2, 2011, 11:13 AM
Crescent Resources LLC plans to start construction this month on a 167-unit apartment project on a vacant site at West 25th and Longview streets near the University of Texas campus, with the first units ready for residents in June 2012.
Circle West Campus will have a mix of studios and one-, two-, and four-bedroom apartments with a total of 477 beds. The complex will have a pool, tanning beds, a community study café and lounge and a recreation room with the latest interactive gaming systems, a pool table and a poker table.
Crescent Resources, based in Charlotte, N.C., says its Circle apartment projects are highly sought-after in its four existing communities in Tampa; Jacksonville, Fla.; and Charlotte and Concord, N.C. Circle communities feature environmentally conscious design and materials, upscale amenities and Energy Star appliances, Crescent officials say.
The Austin project will be the first Circle project serving students, the company says. Crescent would not disclose a pricetag for the project.
“Circle West Campus will offer a unique student-living experience that isn’t typically found in campus housing,” said Todd Farrell, president of Crescent’s Multifamily Development Group. The community’s uncommon amenities will provide a great environment for both study and recreation.”
The project will be built to meet the requirements of the Austin Energy Green Building Multifamily rating system.
The architect is Kelly Grossman Architects of Austin. The general contractor is Rampart Construction of Austin and Grapevine. The civil engineer is Bury+Partners Inc.
Circle West Campus was financed by an equity investment from Crescent Resources, with mezzanine financing provided by Transwestern Mezzanine Realty Partners III LLC, and a construction loan from Capital One Bank. The Dallas office of HFF advised Crescent on the financing.
Crescent jumps at chance to add apartments in Austin
The company behind two master-planned communities north of Austin and a high-profile condo tower slated for the edge of downtown has plans for an upscale apartment project in one of the city's hottest areas.
Crescent Resources LLC is under contract to purchase a nearly Seven-acre tract on Stonelake Boulevard near the Arboretum shopping center. Plans call for a four-story apartment building of 280 to 300 units surrounding a structured parking garage in a dense format. The property will use green building standards and seek LEED certification, but the amenities and specific design elements are uncertain at this point.
High-end living has already established a foothold in the area. Less than a mile from the Stonelake site, the Residences at the Domain opened in late February 2008 and is doing well. The 390 muntifamily units are part of the 700,000-sf, mixed-use lifestyle center at MoPac Expressway & Braker Lane. Carmen Lynch, property manager for the Residences, says the complex is already four months ahead of schedule in meeting its occupancy goals and is on target to be 96 percent full this spring. Rents for Austin apartments at The Domain range from $825 to $2,450/mo.
MUELLER MULTIFAMILY DEVELOPMENT
AUSTIN – Construction on new apartments in Austin is continuing on the Mosaic at Mueller, the first multifamily development at the former Robert Mueller Municipal Airport. Mosaic at Mueller is a $45 million, 440,000-square-foot complex with 442 apartment units. It is being developed by Simmons Vedder & Co. in partnership with Dallas-based Crow Holdings Realty Partners
The 4 story Mosaic at Mueller includes 1, 2 and 3-bedroom units ranging from 580 to 1,750 square feet. Monthly rents will range from $850 to $2,500, with 10% of the units available to low-income renters. Facilities will include swimming pools, a clubroom, business center and a fitness center
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Crestview Station moves forward
Multifamily component offers 300 live-work units and loft-style Austin apartments
Plans are on to turn a former North Austin industrial site into the $200 million Crestview Station, which will be one of Austin's biggest transit-oriented developments. A commuter rail station is planned for Lamar and Airport boulevards The project, which is bordered on one side by the Capital Metro commuter rail line, is designed as a community where people live, work and shop without having to drive.
High Street Residential, a Trammell Crow subsidiary, will build the multifamily component. The mix will include live-work units and loft-style Austin apartments. This projects adds 300 apartments in Austin and 60,000 square feet of retail.
New Round Rock apartment complex close to Dell, Hospital, Mall
City North at Sunrise Ranch apartments
Near I35 at Old Settlers Blvd and Round Rock Rd
Rents will range from $800-$1200/mo
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SIMON PROPERTY MASTER OF ITS DOMAIN
AUSTIN (globest.com) – More than a year after opening the $245 million first phase of its Domain mixed-use project, Simon Property Group Inc. is preparing to break ground on phase two.
Work will begin in June on the additional 631,000 sf of retail, 75,000 sf of office, 411 residential units and a 340-key Westin hotel.
The 27-acre Domain II will be anchored by a 200,000-sf, three-story Dillard's; 80,000-sf, two-story Dick's Sporting Goods; and an eight-screen Village Road Show Gold Class Cinema.
The project is slated to be completed in November 2009.
Southpark Meadows has two apartment projects totaling 670 units planned
Homes and apartments will soon spring up around Southpark Meadows, a 1.6 million-square-foot shopping center being developed by Endeavor Real Estate Group LLC at I-35 and Slaughter Lane.Preparations for streets, utilities and drainage for the first 121 lots will begin next month. Construction on the homes will start about six months later, with the first buyers expected to move in next April or May. Prices will range from $280,000 to $350,000. A second and possibly third phase would add another 260 homes in similar price ranges.
Grand Prairie–based Fairfield Residential LLC has two apartment projects totaling 670 units planned for the area. Grading work will begin soon on the first project. The 426-unit initial phase will be ready next spring, with second-phase units following shortly after.
The average-size unit in phase one — 879 square feet — will rent for about $990 a month, while the average-size unit in phase two — 926 square feet — will rent for about $1,075 a month
Austin apartment rental market
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Developer chosen for first apartments at Mueller Airport
Simmons Vedder will build the first residential component in
former airport's transformation.
After years of planning, the transformation of the former Robert Mueller Municipal Airport is ready for takeoff. Major components are under construction, including the Dell Children's Medical Center of Central Texas, offices and the first stores.
MUELLER MULTI-FAMILY CONSTRUCTION
The Mosaic at Mueller the first multifamily development at the former Robert Mueller Municipal Airport is up and running.
The Mosaic at Mueller is a $45 million, 440,000-square-foot complex with 442 apartment units. It was developed by Austin- and Houston-based Simmons Vedder & Co. in partnership with Dallas-based Crow Holdings Realty Partners IV LP.
Mosaic at Mueller includes one-, two- and three-bedroom units ranging from 580 to 1750 sf. Monthly rents will range from $850 to $2500.and include swimming pools, a clubroom, fitness center and a business center.
For example, the apartments have heat-reflecting metal roofs and energy-saving features, and half of the construction debris will be salvaged or recycled.
In Austin, its highest-profile project is the apartment complex at the Triangle, a 22-acre residential/retail project in Central Austin. It's also a developer of two large mixed-use projects in Williamson County.
The mixed-use development is the largest public-private venture in Austin's history and will transform the former airport into an urban village of homes, stores,and offices. The project is expected to add $1 billion to the city's tax base and house up to 10,000 residents and generate thousands of jobs.
Major medical facilities are under way, including the Dell Children's Medical Center of Central Texas, which is scheduled to open in 2007 and Strictly Pediatrics Ambulatory Surgical Center, a children's specialty medical facility.
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BEE CAVES GETS NEW RESIDENCES
BEE CAVES VILLAGE – Criterion Property Company LP, a company which previously has developed apartments in Massachusetts, has entered the Texas multifamily market with the Windsor at Bee Caves Village. The complex has 293 luxury units on Hwy 71, a nineteen acre site adjacent to the Hill Country Galleria and the Shops at the Galleria.
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CRITERION'S MULTIFAMILY DEVELOPMENTS
AUSTIN– Dallas developer Criterion Development Partners has purchased two parcels totaling 50 acres from Continental Properties Co. Inc. of Wisconsin. Multifamily developments are in the works for both.
Criterion has broken ground on the 330-unit Criterion at Onion Creek, which will go up on the 26 acres at Slaughter Lane and I-35. The development, which was designed by MSA Architects Inc. of Cincinnati, will be completed by mid-2008. WaterMark Construction LP in Addison is the general contractor.
The 400-unit Criterion at Harris Ridge will be built on 24 acres at Howard Lane and Dessau Rd. Construction will begin early next year.
Boston-based General Investment & Development Cos. will manage both properties.
Colonial invests $87M in Austin
The 3 new complexes, which all completed recently, added a total of roughly 1,000 new apartment units to the local market.
Birmingham-based Colonial Properties Trust owns or manages over 48,000 apartment units, nearly 8 million square feet of office space and 13 million sf of retail space.
Paul Earle, executive vp of the company's multifamily division.says "Austin fits the company's criteria for investment, with its top-quartile placement in terms of job growth, population growth and household income growth," "Austin ranks in the top five places to consider for investment opportunities." using their estimates
The 3 complexes here include:
Colonial Grand at Round Rock near U.S. Highway 79 and FM 1460. A 422-unit apt complex
Colonial Grand at Canyon Creek west of Lakeline Mall off RR 620, A 336-unit complex
Colonial Grand at Silverado Reserve - Parmer Lane in Cedar Park TX. The 250+ unit complex is accompanied by a 238-unit complex across the street. also owned by Colonial.Properties
Jefferson Properties was considered the dominant player in the local multifamily market during the 90s. By contrast, the Irving, based company doesn't have much of a development presence in Austin yet,
He says "It looks to me that Colonial is positioning itself to be the JPI of this decade,"
Heimsath is also quick to add Colonial has serious competition in its quest for market dominance -- for example, from Gables Residential Trust, which was purchased in June by a partnership managed by ING Clarion Partners., and Trammell Crow Residential., now Riverstone Res.
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Austin-San Marcos, TX 5+ Family Building Permits
YearNumber of Dwelling Units Average Value per Dwelling Unit ($)
Number of Dwelling Units Average Value per Dwelling Unit ($)UnitsPercentValuePercent Change Change19802,862-16,900-
2,862-16,900-19814,9097224,50045
4,9097224,5004519824,782-328,50016
4,782-328,50016198316,16123820,500-28
16,16123820,500-28198411,950-2624,90021
11,950-2624,9002119858,970-2522,100-11
8,970-2522,100-1119865,954-3423,7007
5,954-3423,700719871,000-8319,100-19
1,000-8319,100-191988305-7068,900261
305-7068,9002611989 8 -97 75,0009
8 -97 75,00091990 0 -100- -
-100- -1991220-30,600-
220-30,600-199299635318,600-39
99635318,600-3919932,08410927,00045
2,08410927,0004519944,40311134,20027
4,40311134,2002719956,1333937,0008
6,1333937,000819966,484636,200-2
6,484636,200-219974,720-2740,50012
4,720-2740,5001219985,128934,900-14
5,128934,900-1419997,8495340,70017
7,8495340,7001720008,064341,0001
8,064341,000120018,345336,800-10
8,345336,800-1020025,570-3338,5005
5,570-3338,500520032,499-5554,50042
2,499-5554,5004220043,1062456,7004
3,1062456,700420055,2616953,300-6
5,2616953,300-6Source: U.S. Bureau of Census and Real Estate Center at Texas A&M University
Note: MSA data is base on 1999 MSA definitions.
New apartments in Austin TX -
New apartment complexes in Round Rock, Cedar Park & AustinNew apartment complexes in Austin, Round Rock & Cedar Park - New apartment s in Austin Texas: North Austin region of Colonial Properties Trust, Colonial Grand at Silverado in Cedar Park, Parmer Ln Lane, Colonial Grand at Round Rock TX, Colonial Grand at Canyon Creek off RR 620, Jefferson Properties, JPI, Gables Residential Trust, NG Clarion Partners, Trammell Crow Residential New apartments planned at 183 & 620 with 2100 units, to exceed the size of Riata
New apartments in Austin tx -New apartment complexes in Round Rock, Cedar Park & Austin from Austin TX apartment locators
se an Austin apartment locators Click here for Austin Demographics Information,and Austin TX, Round Rock, Pflugerville, Leander Eanes School info Click here for Apartment Locator Service FAQs and here for Austin Crime Statistics Click here to start your Free Austin apartment SEARCH Information about Moving to Austin Texas We have lots of photos and prices of Austin apartment listing SPECIALS and More apartment Specials , Apartments Under $600, View Photo Album of many our our super apartment listings. Learn About our Free Austin texas apartment locator service. An overview of Austin Apartment rental information and rates Helpful Austin Links , View Round Rock Texas information and Round Rock Texas apartment Specials View apartment specials in Cedar Park Texas See more Pflugerville Austin apartment rental information and view information about our apartment locator service Click here for some Apartment renting tips
A summary of Apartment rentals & rent rates in Round Rock, Cedar Park & Austin Texas We are members of AAA - Austin Apartment Association locator member Photos & specials of Condos & Condominiums See More Austin apartment specials& Austin Texas appartment, condo & townhouses for rent. If you are moving from out of state here are some Tips on moving to an rental in Austin from out of state Comparison chart of Rent Vs. Buy in Austin TX We also sell new builder homes, view New home buying trends and investment potential. Information about Austin demographics and trends
New apartments in Austin tx -New apartment complexes in Round Rock, Cedar Park & Austin from Austin apartment locator -New apartment complexes in Round Rock, Cedar Park & AustinNew apartment complexes in Austin, Round Rock & Cedar Park - New apartment s in Austin Texas: North Austin region of Colonial Properties Trust, Colonial Grand at Silverado in Cedar Park, Parmer Ln Lane, Colonial Grand at Round Rock TX, Colonial Grand at Canyon Creek off RR 620, Jefferson Properties, JPI, Gables Residential Trust, NG Clarion Partners, Trammell Crow Residential New apartments planned at 183 & 620 with 2100 units, to exceed the size of Riata
A listing of construction activity in the Austin-area apartment market (# of units)
2020 SoCo
Cottages at Onion Creek
Alara Cantebrea Crossing
Alexan at Vaught Ranch, 334
Alexan Hill Country Galleria, 309
Alexan Ribelin Ranch
Archstone Tech Ridge
Argosy at Crestview
Balcones Ranch
Broadstone Travesia
Camden Amber Oaks
The Cole
Colonial Grand at Double Creek, 300
Colonial Grand at Silverado
Colonial Grand at Silverado Reserve
Colonial Village At Sierra Vista
Criterion at Onion Creek, 330
Fairfield at Southpark Meadows, 426
Forest Hills, 208
La Frontera Square, 349
Park at Brushy Creek, 360
Verde Brushy Creek, 272
101 Colorado, 259
300 N. Lamar, 154
Alexan Swenson Farms Ph. I, 336
Altea at Silverado, 300
AMLI on 2nd, 231
AMLI Anderson Mill, 396
Amli Downtown
Amli on Second
AMLI South shore
Arboleda, 312
Balcones Ranch, 270
Bella Sarah, 294
Block on 28th, 101
Block on Leon, 133
Block on Pearl Street, 96
The Crescent, 169
Cypress Creek at Riverbend, 180
Gables 5th Street Commons
Gables Pressler
Gables Town Lake
Gables Westlake, 175
Greystar at South Congress, 306
Harris Branch, 246
IMT Wells Branch
IMT Anderson Mill
Jefferson at West Campus, 367
Las Palmas
Lakeline apartments
Links at Forest Creek, 216
Mariposa at Riverbend, 201
Melograno at Teravista, 320
Midtown Commons
Monarch, 305
Monterone Steiner Ranch
Monterone Round Rock
Monterone Canyon Creek
Mosaic
Parker Lane Seniors, 70
Platinum Southside
Post West Austin
Quarters at Grayson House, 101
Quarters at Nueces House, 235
Red River Flats, 120
The Mosaic at Mueller
Remington, 344
Residences at the Domain, 390
Robertson Hill, 290
San Gabriel Senior Village, 100
Terracina
Verde Shadowbrook, 248
Villages at the Domain
Windsor at Bee Cave, 293
New Apartments in Austin
