Investcor Development partnered with Green Star Development to bring this project to market. Investcor then joint-ventured with Aspen Heights as the vertical partner to build this Class A high-rise apartment building with expansive views of Downtown Austin.
The property is located within a few blocks of the most sought after restaurants, office buildings and entertainment venues. Additionally, the property is directly in the path of Austin’s CBD growth. The 201 unit property is located on a 0.55 acre parcel on the corner of 8th and Nueces St. This location provides a short walk to major Austin Downtown locations such as Whole Foods, West 6th Street and numerous Class A office buildings.
The building was designed with a high quality amenity package to be positioned to take advantage of the strong urban residential demand in Austin. The Partnership began to shop for prospective buyers after substantial completion and sold the property in December of 2016.