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“Alexan Springdale in Austin Sold to Sterling Equities”

Austin Real Estate News

Smart Austin Concierge

March 1, 2023

Alexan Springdale, a 251-unit apartment community located on Springdale Road in Austin, has been sold. The property boasts studio, one-, and two-bedroom units that each have an average of 824 square feet. In addition, the complex features a range of amenities such as a pool, fitness center, game room, clubhouse, and outdoor grilling and dining areas. At the time of sale, the property was 94 percent occupied. Newmark represented the seller, Trammell Crow Residential, in the transaction, and Sterling Equities acquired the asset.

Events, Stuff to do

Manny’s and Powder Room: The Newest Additions to Austin’s Downtown Dining Scene

Downtown Austin's dining scene is about to get a significant boost with the opening of Manny's, a community-focused delicatessen, and Powder Room, a cocktail lounge with a secret twist. Located at 301 W. 5th St., these establishments aim to redefine the culinary and social experience in the heart of the city. Manny's promises an array of mouthwatering sandwiches and fresh sides made from locally sourced ingredients, embracing Austin's farm-to-table ethos. Meanwhile, Powder Room offers an intimate speakeasy vibe where the art of mixology takes center stage, featuring tableside cocktail crafting that showcases creativity and fresh ingredients. These ventures are not just additions to Austin's vibrant dining landscape but a celebration of quality, innovation, and community spirit. Get ready to explore these new favorites that perfectly align with Austin's dynamic lifestyle and burgeoning foodie culture. Discover why Manny's and Powder Room are set to become the talk of the town and why they should be at the top of your must-visit list.

"Generate an image encapsulating the essence of Downtown Austin's newest culinary and cocktail experiences, Manny's and Powder Room. Picture a bustling, vibrant sandwich shop with a community feel on one side, and a mysterious, speakeasy-style cocktail lounge on the other. The scene should be set against a backdrop that blends classic Austin vibes with a touch of modern chic. Include visual cues such as artisanal sandwiches, craft cocktails being mixed tableside, and a lively, welcoming atmosphere that celebrates the city's love for unique, locally-sourced dining experiences. Make sure to capture the spirit of innovation and community that defines Austin's dynamic dining scene."
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