AUSTIN, TX - Financing from Vantage Bank has been secured for construction of 304 multifamily residential units in North Austin that will provide easy access to downtown and nearby retail and job centers, including the newly announced $1 billion Apple campus.
Embrey's Lakeline property brings premium residential options to one of the fastest growing and most desirable areas of the capitol city of Texas. The property is just across Highway 183 from Lakeline Mall, which features a range of choices in retail, dining and grocers.
"In terms of location, design detail and desirable living experience, Lakeline will set the standard for preferred living in North Austin," said Jimmy McCloskey, Executive Vice President, Development. "As a Texas-based company, Embrey is excited to add this premier property to our Austin portfolio."
The property will feature, an elegant clubhouse, a business center, wi-fi in all common areas and private garage parking. Residents will have access to a fitness center with on-demand virtual trainers, a game room, a swimming pool with cabanas, barbecue areas with grills, and a dog park.
"Embrey is nationally known for creating places where people want to be and this community will continue that tradition of excellence," said McCloskey.
Construction is scheduled to begin in June. First occupancy is expected for August 2021 and project completion by November 2022.
Source: Embrey Partners