Content: Pearlstone Partners has recently broken ground on Montage, a 182-unit condominium project in Austin, Texas. Located at 2323 S. Lamar Blvd, this four-story property will have studio and one- and two-bedroom floor plans, as well as more than 6,000 square feet of ground-floor retail space. The project also includes 18 studios designated for individuals who earn 80 percent or less of the area median income. Knighthead Funding provided a $75 million construction loan for the project and STG Design is the architect with Summit Design serving as general contractor.
Construction & Real Estate Update for May 01 2024
Dive into the latest Austin real estate buzz—from exciting new construction permits to innovative real estate trends and essential updates on the Austin scene. Uncover details on projects transforming the landscape, such as the chic makeover of The Webster and the tech haven rising in East Austin, alongside insightful comparisons like the Dallas vs. Austin Proptech Showdown. Don’t miss out on the full scoop; click through to stay ahead in the dynamic world of Austin real estate.