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
Giants 400 | Feb 9, 2023
New Giants 400 download: Get the complete at-a-glance 2022 Giants 400 rankings in Excel
See how your architecture, engineering, or construction firm stacks up against the nation's AEC Giants. For more than 45 years, the editors of Building Design+Construction have surveyed the largest AEC firms in the U.S./Canada to create the annual Giants 400 report. This year, a record 519 firms participated in the Giants 400 report. The final report includes 137 rankings across 25 building sectors and specialty categories.
Multifamily Housing | Feb 7, 2023
Multifamily housing rents flat in January, developers remain optimistic
Multifamily rents were flat in January 2023 as a strong jobs report indicated that fears of a significant economic recession may be overblown. U.S. asking rents averaged $1,701, unchanged from the prior month, according to the latest Yardi Matrix National Multifamily Report.
Giants 400 | Feb 6, 2023
2022 Reconstruction Sector Giants: Top architecture, engineering, and construction firms in the U.S. building reconstruction and renovation sector
Gensler, Stantec, IPS, Alfa Tech, STO Building Group, and Turner Construction top BD+C's rankings of the nation's largest reconstruction sector architecture, engineering, and construction firms, as reported in the 2022 Giants 400 Report.
Multifamily Housing | Feb 3, 2023
HUD unveils report to help multifamily housing developers overcome barriers to offsite construction
The U.S. Department of Housing and Urban Development, in partnership with the National Institute of Building Sciences and MOD X, has released the Offsite Construction for Housing: Research Roadmap, a strategic report that presents the key knowledge gaps and research needs to overcome the barriers and challenges to offsite construction.
Multifamily Housing | Feb 2, 2023
St. Louis’s first transit-oriented multifamily development opens in historic Skinker DeBaliviere neighborhood
St. Louis’s first major transit-oriented, multi-family development recently opened with 287 apartments available for rent. The $71 million Expo at Forest Park project includes a network of pathways to accommodate many modes of transportation including ride share, the region’s Metro Transit system, a trolley line, pedestrian traffic, automobiles, and bike traffic on the 7-mile St. Vincent Greenway Trail.
Multifamily Housing | Feb 1, 2023
Step(1) housing: A new approach to sheltering unhoused people in Redwood City, Calif.
A novel solution to homelessness will open soon in Redwood City, Calif. The compact residential campus employs modular units to create individual sleeping units, most with private bathrooms. The 240 units of housing will be accompanied by shared services and community spaces. Instead of the congregate dorm-style shelters found in many U.S. cities, this approach gives each resident a private, lockable, conditioned sleeping space.
Multifamily Housing | Jan 24, 2023
Top 10 cities for downtown living in 2023
Based on cost of living, apartment options, entertainment, safety, and other desirable urban features, StorageCafe finds the top 10 cities for downtown living in 2023.
Multifamily Housing | Jan 23, 2023
Long Beach, Calif., office tower converted to market rate multifamily housing
A project to convert an underperforming mid-century office tower in Long Beach, Calif., created badly needed market rate housing with a significantly lowered carbon footprint. The adaptive reuse project, composed of 203,177 sf including parking, created 106 apartment units out of a Class B office building that had been vacant for about 10 years.
Multifamily Housing | Jan 19, 2023
Chicago multifamily high-rise inspired by industrial infrastructure and L tracks
The recently unveiled design of The Row Fulton Market, a new Chicago high-rise residential building, draws inspiration from industrial infrastructure and L tracks in the historic Fulton Market District neighborhood. The 43-story, 300-unit rental property is in the city’s former meatpacking district, and its glass-and-steel façade reflects the arched support beams of the L tracks.
Multifamily Housing | Jan 19, 2023
Editorial call for Multifamily Affordable Housing project case studies - no cost to submit!
Building Design+Construction will feature a roundup of "Multifamily Affordable Housing" projects on BDCnetwork.com.
