First phase of Presidium Waterford breaks ground in Austin, Texas

A new five- and six-story luxury apartment complex, dubbed Presidium Waterford, has broken ground on its first phase in Austin, Texas.

The 281,533-sf residential community will include 283-units in an open building design with plenty of natural light. Each apartment unit will include smart thermostats, smart lighting, and smart touchless unit and amenity entries that can be accessed through a single smartphone app.

The community will also include environmentally-focused features such as increased insulate properties in the windows and exterior insulation, a 100% rainwater bio filtration system, energy-efficient appliances, and energy-efficient building systems. Innovative sanitation methods will be implemented through state-of-the-art air purification systems and touchless entry doors, faucets, and facility hardware.

Presidium waterford

Interior common spaces will provide guests and residents multiple cowering office lounges and a gym with spin and yoga studios that connect to the outdoor lawn. A large open-air courtyard with outdoor spaces, a resort-style pool, a water volleyball court, outdoor fireplaces, a fully amenities paseo, a Zen courtyard with fire fits, a shaded hammock grove, and a Bocce court are also included.

The development is located minutes from The Domain, Austin’s “second downtown,” at 183 and Waterford Centre Blvd. The first units are expected to be delivered by Dec. 2022.

The U.S. is ill-prepared to provide adequate housing for the growing ranks of older people, according to a report from Harvard University’s Joint Center for Housing Studies. Over the next decade, the U.S. population older than 75 will increase by 45%, growing from 17 million to nearly 25 million, with many expected to struggle financially.

Almost a million apartment units are currently under construction in the U.S., says Apartment List.

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