Investcor teamed up with Aspen Heights again for yet another world class project. The project is a new construction, luxury Class A high-rise residential building with an exceptional downtown Austin location. The building, named The Independent, will be the tallest residential tower in Texas.
The property is located within walking distance of all that downtown has to offer. It’s 2 blocks from the waterfront and a few blocks away from many of Austin’s most sought after restaurants, office buildings, and entertainment venues. This location is also just short walk to major downtown destinations such as Whole Foods, Trader Joe’s, Pure Austin, the 2nd Street Shopping District, the Community Library, and numerous Class A office buildings.
The property is located in the center of Austin’s downtown residential growth. The 370-unit building is located on 70,000 square feet on the northeast corner of 3rd Street and West Avenue. The well-appointed Property will redefine the downtown Austin skyline and will become a new landmark property for the city. We take advantage of strong, urban residential demand and provide investors an opportunity to capture rising market demand in one of the most desirable locations in Austin.
The Independent went on market for pre-sales in May of 2015, and pre-sold over 90% of its units within the first two weeks. The Independent is currently under construction and is anticipated to be complete in Fall of 2018.