Transwestern Development Co. has acquired a 0.56-acre site and a 1.6-acre site in Austin, Texas with the intention to build two micro-unit communities. The communities will be the second and third micro-unit developments for the company in Downtown Austin.
The 1.6-acre site, located between East Third and East Fourth Streets on Waller Creek, is dubbed Block 36 and will include 263 units and a 3,000-sf restaurant space on the ground floor.
Block 36 will comprise primarily studio units with 14% of the community slated for two-bedroom units. Apartments will average 443 sf and include Murphy and platform beds, hideaway kitchen modules, convertible coffee/dining/bar tables, modular furniture, 10-foot ceiling heights, and stainless steel, Energy Star-certified appliances.
See Also: U.S. multifamily market stays strong into 4th quarter 2019
The community will feature amenities such as a resort-style pool, bike storage, a fitness center, a clubroom and business lounge, and an elevated courtyard with fire pits, grills, and outdoor seating.
Block 36 broke ground in January of 2019 with delivery in the first half of 2020. Wilder Belshaw is the project’s architect.
Block 36. Rendering: Wilder Belshaw Architects / Transwestern.
Transwestern’s third micro-unit development in Austin will rise at the 0.56-acre site acquired by the company in late 2019. Located at 817 W. 12th St., the development will include 147 units and 3,600 sf of retail space on the ground floor.
The West 12th Street project will consist of studio, one-, and two-bedroom units that average 444 sf. Like Block 36, this development’s units will feature Murphy and platform beds, hideaway kitchen modules, and convertible coffee/dining/bar tables. The community will have a resident clubhouse, pool, bike storage, laundry facilities, courtyard, and fitness center.
The project is slated to break ground in the second half of 2020 with delivery in 2022. Both projects will fill a gap in Austin’s rental market for those who wish to live in the city for under $1,500 a month. They will join the Indie, Transwestern’s first micro-unit development in Austin, in offering better value for Austin renters seeking a premium product in a compact space.
Related Stories
Multifamily Housing | Jun 2, 2021
San Antonio senior living community benefits from HUD 221(d)(4) funding
Cadence McShane Construction Company has completed the construction of Brookwood Senior Apartments, San Antonio, Texas, for repeat client Mission DG.
Multifamily Housing | May 25, 2021
A new condo tower in Brooklyn lets residents swim in the clouds
Brooklyn Point features an infinity pool that’s nearly 700 feet above the street.
Digital Twin | May 24, 2021
Digital twin’s value propositions for the built environment, explained
Ernst & Young’s white paper makes its cases for the technology’s myriad benefits.
Mixed-Use | May 19, 2021
Salt Lake City mixed-use residential community will feature micro units
KTGY is designing the project.
Multifamily Housing | May 18, 2021
Multifamily housing sector sees near record proposal activity in early 2021
The multifamily sector led all housing submarkets, and was third among all 58 submarkets tracked by PSMJ in the first quarter of 2021.
Multifamily Housing | May 13, 2021
Florida’s first LGBTQ+-focused affordable housing project for seniors opens
The project is located on The Pride Center’s five-acre Equality Park campus in Wilton Manors.
Multifamily Housing | May 12, 2021
Affordable mixed-use housing complex completes in South Los Angeles
KFA designed the project.
Mixed-Use | May 7, 2021
Mixed-use development tops out in Brooklyn’s Brownsville neighborhood
The project will bring 160 affordable housing units to the area.
Multifamily Housing | Apr 22, 2021
The Weekly Show, Apr 22, 2021: COVID-19's impact on multifamily amenities
This week on The Weekly show, BD+C's Robert Cassidy speaks with three multifamily design experts about the impact of COVID-19 on apartment and condo amenities, based on the 2021 Multifamily Amenities Survey.
