The NRP Group and Housing Authority of The City of Austin Celebrate Grand Opening of 330-Unit The Markson Mixed-Income Community

The NRP Group and Housing Authority of The City of Austin Celebrate Grand Opening of 330-Unit The Markson Mixed-Income Community

AUSTIN, TX - In partnership with the Housing Authority of the City of Austin (HACA), The NRP Group celebrated the grand opening of The Markson, a 330-unit mixed-income housing development in Austin’s coveted Barton Springs community. As a part of both organizations’ commitment to creating affordable housing options for Austin residents, more than half of the units will be reserved for residents earning 80% of the Area Median Income (AMI).

The Markson meets the neighborhood’s demand for quality, accessible workforce housing, and embodies the vision that Dan Markson carried throughout his 30-year career. Through his tireless efforts, bold leadership, and brilliant partnership development, Dan Markson changed the affordable housing landscape, leading to the creation of over 29,000 multifamily units in Texas, with more to come.

The Markson is one of the eight developments created in partnership with HACA, comprising over 2,300 units throughout the city. The organization serves over 25,000 Austin residents through 21 Project-Based Rental Assistance Properties, Voucher Programs, and the Austin Affordable Housing Corporation.

"As a part of our collective vision to provide stable, affordable housing options to essential workers, The Markson reflects our unwavering commitment to addressing the affordable housing shortage in Austin,” said Michael Gerber, President and CEO of the Housing Authority of the City of Austin. “Dan Markson's legacy is embodied in The Markson, and this development will help ensure the integral presence of our community members in Austin's diverse fabric.”

The Markson offers affordable rents for people who provide critical services, including teachers and first responders, close to their places of work. To assist local school teachers in finding affordable housing, NRP Group is also extending one month of free rent to all employees of nearby St. Andrew's Episcopal School. The community's location offers easy access to downtown Austin and nearby employment centers, like Yeti and NXP, catering to essential workers and local employees alike.

“Thanks to our continued collaboration with HACA, The Markson stands as a testament to Dan’s vision and dedication to delivering housing options for essential workers throughout Texas,” said Debra Guerrero, Senior Vice President of Strategic Partnerships and Government Affairs at The NRP Group. “We honor his legacy, as well as HACA’s vision to provide housing affordability for Austin families.”

The Markson residents will enjoy an array of outdoor amenities, including a landscaped pool courtyard with private cabanas, an outdoor kitchen with grills, bocce ball, volleyball courts, and a dog park. The property’s sky lounge offers indoor and outdoor gathering spaces complemented by sweeping views of downtown Austin, providing a serene retreat for residents, families, and their guests.

"We are thrilled to unveil The Markson, a project in the heart of Barton Springs that combines high-quality construction with affordability," said Parker White, Vice President of Development at The NRP Group. "NRP has a rich history in Austin, standing as a pioneering force for affordable housing across Texas through impactful collaborations with key partners like HACA. Thanks to this continued support, we can provide essential workers with the opportunity to live in a vibrant community while investing in the local economy."

Residents will also have access to a pet spa, bike storage, conference rooms, co-working lounge space, coffee bar, fitness center, game room, and package concierge. The community features a central parking garage with electric vehicle charging stations for added convenience. The Markson comprises one- to three-bedroom units with monthly rents ranging from $1,487 to $3,182. Residences are available in two different in-unit finishes—toffee flat panel or cream shaker style—and offer stainless steel appliances, pure white quartz countertops, luxury vinyl plank flooring, and keyless entry. A selection of units feature outdoor balconies.

Situated within the lush backdrop of the Barton Creek Wilderness Park, residents of The Markson will have access to a scenic nature trail, reservoir, the nearby Barton Creek Greenbelt, and over 20 acres of preserved nature area. The entire property is landscaped with native prairie plantings.

In addition to the Markson, NRP is developing Alameda at Oak Hill Development in collaboration with the Austin Affordable Housing Corporation, which will continue to grow affordable housing options in the Austin market.

Source: The NRP Group / Housing Authority of The City of Austin

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