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
MFPRO+ News | Dec 7, 2023
7 key predictions for the 2024 multifamily rental housing market
2024 will be the strongest year for new apartment construction in decades, says Apartment List's chief economist.
Codes and Standards | Dec 7, 2023
New York City aims to spur construction of more accessory dwelling units (ADUs)
To address a serious housing shortage, New York City is trying to get more homeowners to build accessory dwelling units (ADUs). The city recently unveiled a program that offers owners of single-family homes up to nearly $400,000 to construct an apartment on their property.
MFPRO+ News | Dec 5, 2023
DOE's Zero Energy Ready Home Multifamily Version 2 released
The U.S. Department of Energy has released Zero Energy Ready Home Multifamily Version 2. The latest version of the certification program increases energy efficiency and performance levels, adds electric readiness, and makes compliance pathways and the certification process more consistent with the ENERGY STAR Multifamily New Construction (ESMFNC) program.
Transit Facilities | Dec 4, 2023
6 guideposts for cities to create equitable transit-oriented developments
Austin, Texas, has developed an ETOD Policy Toolkit Study to make transit-oriented developments more equitable for current and future residents and businesses.
Multifamily Housing | Nov 30, 2023
A lasting housing impact: Gen-Z redefines multifamily living
Nathan Casteel, Design Leader, DLR Group, details what sets an apartment community apart for younger generations.
Products and Materials | Nov 30, 2023
Top building products for November 2023
BD+C Editors break down 15 of the top building products this month, from horizontal sliding windows to discreet indoor air infusers.
Engineers | Nov 27, 2023
Kimley-Horn eliminates the guesswork of electric vehicle charger site selection
Private businesses and governments can now choose their new electric vehicle (EV) charger locations with data-driven precision. Kimley-Horn, the national engineering, planning, and design consulting firm, today launched TREDLite EV, a cloud-based tool that helps organizations develop and optimize their EV charger deployment strategies based on the organization’s unique priorities.
MFPRO+ Blog | Nov 27, 2023
7 ways multifamily designers can promote wellness in urban communities
Shepley Bulfinch's Natalie Shutt-Banks, AIA, identifies design elements that multifamily developers can use to maximize space while creating a positive impact on residents and the planet
MFPRO+ New Projects | Nov 21, 2023
An 'eco-obsessed' multifamily housing project takes advantage of downtown Austin’s small lots
In downtown Austin, Tex., architecture firm McKinney York says it built Capitol Quarters to be “eco-obsessed, not just eco-minded.” With airtight walls, better insulation, and super-efficient VRF (variable refrigerant flow) systems, Capitol Quarters uses 30% less energy than other living spaces in Austin, according to a statement from McKinney York.
MFPRO+ News | Nov 21, 2023
California building electrification laws could prompt more evictions and rent increases
California laws requiring apartment owners to ditch appliances that use fossil fuels could prompt more evictions and rent increases in the state, according to a report from the nonprofit Strategic Actions for a Just Economy. The law could spur more evictions if landlords undertake major renovations to comply with the electrification rule.
