The Station at St. Elmo sees first-time 5-hour SELLOUT in South Austin’s up-and coming St. Elmo district
[ad_1]
Break the ground August 2021, the $ 40 million-plus development will include a north four story and a south three story building housing studio suites and one to three bedroom condominiums available mid-year $ 200,000 up to the $ 600,000+ range, with easy access to multiple indoor, open air and outdoor hangouts and lounges.
Special amenities include a library, lockers for home delivery in the lobby, a cozy night owl lounge on the third floor with a fireplace, a sky lounge on the fourth floor with a catering kitchen with great views of downtown Austin, separate Yoga, dance and fitness areas, a resort-style outdoor swimming pool (with comfortable pool seats), a special dog bark park, a pet yard, direct access to the living / work area, cafes, offices and shops on the first floor as well a secure, closed, private underground parking garage.
When completed, the new property will capture the industrial revitalization of the St. Elmo neighborhood, combining thoughtful architecture designed for modern operations with reclaimed materials, weathered bricks, metal accents, oversized windows and classic accents that can be used both in the interior as well as interwoven outdoors are a mixed-use community that resembles a modernized warehouse from the early 1900s.
“To this day, I don’t know any other real estate company that has sold every condominium in a community within a few hours of the virtual start of sales. We attribute that to that” Austins Popularity, an already high demand for apartments and the attractive pricing of The Station at St. Elmo, excellent value for money, lavish furnishings, industrial glam architecture and design to match the location, not to mention our sales team who took reservations, when the property was first announced January 2021“Said the CEO of Legacy Performance Capital, Philip Jalufka, who is also the President and CEO of Legacy International, an international sales and marketing company serving urban, active adult, luxury residential and resort communities with a current portfolio of over $ 1 billion in sales revenue. “Legacy Performance Capital has several important new initiatives and announcements coming soon.”
Cass Brewer, President and CEO of Legacy DCS added: “Austins The supply of apartments and condominiums has not kept pace with the continued strong demand, particularly in the former industrial district of St. Elmo, which is developing into an up-and-coming shopping, dining and entertainment district with around 1.4 million square feet of living space within easy walking distance has commercial property either proposed or under construction. The new property in St. Elmo will only build on our assets that we have designed in Austins South, Northeast, East and West Corridors including our recently sold out communities Westside Landing, The Isabella, Cooper’s Square, The Addie at Western lake and Gravity ATX with several other features to be announced later this year. “
For the past three years, Legacy Performance Capital has been looking for new investment opportunities in the micro-market in Central Texas. The St. Elmo district made perfect sense in order to develop new apartments at attractive prices for first-time buyers, empty nests, professional home office seekers and others who avoid higher rents and mortgages in the vicinity Austins Central business district.
The former industrial district of St. Elmo, south of Austins Inner city area, has started to arouse interest from property developers, tenants and buyers alike. Most of the commercial space delivered to this point is better known as The Yard, a renovation and conversion of existing warehouses into retail and “maker” spaces (local breweries, creative studios, and music venues) that will be marketed to community-based businesses and social entrepreneurs. One of The Yard’s greatest developments is Tesla’s Tesla $ 2.5 million Renovation at 500 E. St. Elmo Rd. Into a 30,000 square foot car showroom and service center due to be completed in September 2021. Another major landmark is the St. Elmo Public Market, a mixed-use project that promises office, hotel, residential and retail space including a market hall with vendors and restaurants.
Via legacy communities
Sponsored by Legacy Performance Capital, Legacy Communities provides a range of residential development services including development, design, construction, and sales for active adult, luxury residential, resort, and metropolitan master plan communities Texas and beyond. From the initial concept draft to the final expansion, Legacy brings an incomparable level of detail to every community. By joining forces of various industry-leading strategic partners, the Legacy team uncover the story behind each community by studying the DNA of the country and place and then developing an extraordinary product that complements the community’s vision. With a dedication to stewarding the land, Legacy views each new development as an exceptional opportunity to transform the lives of future residents by listening, paying attention to details and offering high quality, energy efficient, sustainable development and construction. Legacy Communities is an umbrella brand dedicated to creating an unparalleled real estate experience for homeowners and future generations. For more information about The Station at St. Elmo, visit www.stationstelmo.com or call 512-598-9553.
For more information on legacy communities, visit www.legacycommunities.com or call 512.894.8330.
Media contact:
Jennifer Stary
512-266-9311
SOURCE Legacy International
similar links
http://www.legacycommunities.com
[ad_2]