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
MFPRO+ News | Jan 4, 2024
Bjarke Ingels's curved residential high-rise will anchor a massive urban regeneration project in Greece
In Athens, Greece, Lamda Development has launched Little Athens, the newest residential neighborhood at the Ellinikon, a multiuse development billed as a smart city. Bjarke Ingels Group's 50-meter Park Rise building will serve as Little Athens’ centerpiece.
MFPRO+ News | Jan 2, 2024
New York City will slash regulations on housing projects
New York City Mayor Eric Adams is expected to cut red tape to make it easier and less costly to build housing projects in the city. Adams would exempt projects with fewer than 175 units in low-density residential areas and those with fewer than 250 units in commercial, manufacturing, and medium- and high-density residential areas from environmental review.
MFPRO+ News | Dec 22, 2023
Document offers guidance on heat pump deployment for multifamily housing
ICAST (International Center for Appropriate and Sustainable Technology) has released a resource guide to help multifamily owners and managers, policymakers, utilities, energy efficiency program implementers, and others advance the deployment of VHE heat pump HVAC and water heaters in multifamily housing.
Giants 400 | Dec 20, 2023
Top 100 Apartment and Condominium Construction Firms for 2023
Clark Group, Suffolk Construction, Summit Contracting Group, and McShane Companies top BD+C's ranking of the nation's largest apartment building and condominium general contractors and construction management (CM) firms for 2023, as reported in Building Design+Construction's 2023 Giants 400 Report.
Giants 400 | Dec 20, 2023
Top 70 Apartment and Condominium Engineering Firms for 2023
Kimley-Horn, WSP, Tetra Tech, and Thornton Tomasetti head BD+C's ranking of the nation's largest apartment building and condominium engineering and engineering/architecture (EA) firms for 2023, as reported in Building Design+Construction's 2023 Giants 400 Report.
Giants 400 | Dec 20, 2023
Top 160 Apartment and Condominium Architecture Firms for 2023
Gensler, Humphreys and Partners, Solomon Cordwell Buenz, and AO top BD+C's ranking of the nation's largest apartment building and condominium architecture and architecture/engineering (AE) firms for 2023, as reported in Building Design+Construction's 2023 Giants 400 Report.
Giants 400 | Dec 20, 2023
Top 40 Student Housing Construction Firms for 2023
Findorff, Juneau Construction, JE Dunn Construction, and Weitz Company top BD+C's ranking of the nation's largest student housing facility general contractors and construction management (CM) firms for 2023, as reported in Building Design+Construction's 2023 Giants 400 Report.
Giants 400 | Dec 20, 2023
Top 30 Student Housing Engineering Firms for 2023
Kimley-Horn, Wiss, Janney, Elstner Associates, KPFF Consulting Engineers, and Olsson head BD+C's ranking of the nation's largest student housing facility engineering and engineering/architecture (EA) firms for 2023, as reported in Building Design+Construction's 2023 Giants 400 Report.
Giants 400 | Dec 20, 2023
Top 90 Student Housing Architecture Firms for 2023
Niles Bolton Associates, Solomon Cordwell Buenz, BKV Group, and Humphreys and Partners Architects top BD+C's ranking of the nation's largest student housing facility architecture and architecture/engineering (AE) firms for 2023, as reported in Building Design+Construction's 2023 Giants 400 Report.
MFPRO+ News | Dec 18, 2023
Berkeley, Calif., raises building height limits in downtown area
Facing a severe housing shortage, the City of Berkeley, Calif., increased the height limits on residential buildings to 12 stories in the area close to the University of California campus.
