flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

Micro apartment complex planned for artsy Austin district

Multifamily Housing

Micro apartment complex planned for artsy Austin district

Indie Apartments will consist of 139 one- and two-bedroom units at 350- and 520-sf each.


By BD+C Editors | May 12, 2016
New micro apartment complex planned for artsy Austin district

Indie Apartments in Austin. Rendering courtesy Transwestern Development. Click here to enlarge.

For younger adults that want a place to live in a bustling area of Austin, Texas, a new apartment complex could be an option if they don’t mind tighter spaces.

This week, Transwestern Development announced plans to develop a micro-unit community, Indie Apartments, in the East Sixth district just east of downtown Austin.

The 55,814-sf property will have 139 units, with 350-sf, one-bedroom units and 520-sf, two-bedroom options. The fully furnished apartments save on space with built-in storage units, Murphy beds, hideaway kitchen modules, and convertible tables.

The Austin American-Statesman reported that rent will cost between $1,100 and $2,000 a month.

The apartments are just a block away from the Plaza Saltillo metro station and a few blocks east of an arts, food, and entertainment district, Sixth Street. 

“Younger generations like Millennials have personal incomes that aren’t growing as fast as rental rates in most areas, yet they want to live in the middle of restaurants, bars, and entertainment areas,” Josh Delk, VP at Transwestern Development, said in a statement. “This project will answer that growing demand for more efficient, affordable living space that is located close to numerous amenities.”

The building, which also has a 2,500-sf restaurant, will be across the street from another Transwestern Development project. A 445,952-sf mixed-use complex will have a 94,500-sf office building,10,000 sf of retail space for three restaurants and a grocery store, and a 350-unit apartment building, named The Arnold.

“We strategically planned these two projects, Indie Apartments and The Arnold and its adjacent office building, to complement each other and provide a suite of amenities for residents of both communities,” Delk said. “The residential population in this area is a diverse mix—old and young, permanent residents, business travelers and visitors, etc.—so we have designed living spaces to cater to a variety of renters."

Construction will begin in June and the first units are expected to deliver in August 2017. Along with Transwestern Development, the Building Team includes Martines Palmeiro Construction (GC) and Wilder Belshaw Architects (architect).

Related Stories

Multifamily Housing | Jul 15, 2021

Economic rebound leads to record increase in multifamily asking rents

Across the country, multifamily rents have skyrocketed. Year-over-year rents are up by double digits in nine of the top 30 markets, while national YoY rent growth is up 6.3%. Emerging from the pandemic, a perfect storm of migration, enhanced government stimulus and a hot housing market, among other factors, has enabled this extremely strong growth.

Multifamily Housing | Jul 13, 2021

489-unit multifamily community completes redevelopment in Missouri

The community is located in Chesterfield, Mo.

Multifamily Housing | Jul 11, 2021

New fixed-wood closet system for multifamily developments introduced

VUE is a new high-quality, economical fixed-wood shelving system from Organized Living.

Multifamily Housing | Jul 11, 2021

Aluminum railing systems offer ‘versatile styling, easy installation’

Trex Aluminum railing systems offer ‘versatile styling, easy installation,' says the manufacturer.

Daylighting Designs | Jul 9, 2021

New daylighting diffusers come in three shape options

Solatube introduces its newest technology innovation to its commercial product line, the OptiView Shaping Diffusers.

boombox1
boombox2
native1

More In Category




halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021