Brand debuts its first standalone residential property in Texas
Austin, Texas, November 15, 2021 / CNW / – Leading luxury hotel company Four Seasons Hotels and Resorts, Austin Capital Partners and international real estate investment firm Hines announced plans for today Four Seasons Private Residences Lake Austin. The new Lake Austin gated community will feature contemporary architecture, private access to the water, unmatched amenities and dedicated Four Seasons staff who exclusively manage every aspect of the property’s luxurious service offerings. Hines will lead the development team and lead the construction of the project. The private enclave is surrounded by 2,000 acres of extensive green space and is 20 minutes from downtown Austin, but feels worlds apart – with sheltered panoramic views of the lake, Pennybacker Bridge, the PGA golf course, and the downtown skyline.
“We are proud to work with Four Seasons Hotels and Resorts to create the brand’s first independent residential property in Texas,” called Jonathan Coon, CEO of Austin Capital Partners. “Coupled with legendary five-star service and amenities, the community offers a rare combination of hill views, private boat docks on Lake Austin, privacy and security.”
“Our collection of standalone private residences is a natural extension of the Four Seasons brand – guided by the same principles of service and quality excellence – while offering a unique lifestyle experience outside of our hotels and resorts,” said John Davison, President and CEO of Four Seasons Hotels and Resorts. “We are excited to partner with Austin Capital Partners on this extraordinary new project that will offer residents stunning Lake Austin surroundings, exceptional design, and an extensive collection of amenities and experiences provided by Four Seasons and for Lake Austin residents to be curated. “
Protected views and a commitment to land management
Ideally located on a secluded hill above a 90 degree curve of the lake, the height of the 145 acre community and endless backdrops add to an increased sense of privacy and beauty. With great dedication to land management, the project’s developers will implement a new, city-approved plan that will include 90 acres of nature reserve and parkland, turn a scenic lookout into a public park, and save more than 2,000 feet of shoreline from development.
“Responsible use of the environment to preserve and protect this iconic place was central to our vision for this project,” said Coon. “Our plan – supported by our neighbors and approved by the city – provides safe and accessible public parking for the lookout point and the cliff. In addition to donating half of our lakefront property to the city, we will continue to responsibly develop the project’s green space and created the first new park on Lake Austin in decades. “
Timeless modern architecture
In the spirit of the greatest works of modernist architecture coveted to this day, the Four Seasons Private Residences Lake Austin is built to last. The project’s design ethos is based on the belief that great design and cutting edge technology will improve the quality of life. The parish’s 179 residences sit on the sloping hillside and offer expansive views from 280 to 380 feet above Lake Austin. The homes have been designed for the highest levels of comfort, privacy and convenience, and feature large outdoor terraces and a floor-length experience that seamlessly connects inside and outside. Most houses have semi-private lobbies with only one other residence on the same floor. The offer ranges from 1,900 square meters of pieds-à-terre to residences with four bedrooms with gardens and pools to large penthouses with 3,000 square meters of terraces and 12-meter-long pools.
Exclusive Four Seasons amenities and inspired dining experiences
An idyllic Garden Plaza anchors the Four Seasons Private Residences Lake Austin, connecting the residences with incredible amenities and experiences managed by Four Seasons. Residents and their guests have access to private wellness, spa, beauty and sports experiences via The orangery – a quiet inner garden with a 25 meter long indoor pool and plenty of space for exercise, yoga and meditation.
The sports center will cover 60,000 square meters with private training rooms, two golf simulators, two squash courts, one full-size indoor basketball court, one indoor sand tennis court, one outdoor tennis court, four dedicated indoor pickleball courts and a children’s fitness and play area. The spa will have hot and cold plunge pools, private treatment rooms, sauna and steam rooms in both locker rooms and a beauty salon.
The clubhouse on the corner overlooking the 90 degree curve of the lake includes a 90 m long infinity pool with three lounge and swimming areas tailored to adults and families, as well as a playroom and private cabanas. Equipped with a high-resolution, 18-meter-wide Samsung Onyx Cinema LED screen with infinite contrast, The theater and the theater lounge will be a prime location for viewing films, concerts, lectures, and sporting events. The back wall was designed to open up to the theater lounge above, creating a mezzanine-like experience for residents’ gatherings and private events.
With its distinctive approach to the culinary arts – an essential element of Four Seasons legendary hospitality – the dining experience at the Four Seasons Private Residences Lake Austin is designed exclusively for residents and their families and guests. With floor-to-ceiling windows, the private, two-story restaurant will combine a spirited community experience with dedicated private rooms. While cabins offer intimate seating on the main level, the second level accommodates three private dining rooms and a separate kitchen area that can be reserved for special celebrations. A more casual cafe also serves inspired, everyday items like artisanal brews, fresh bread, and pastries.
Private lake oasis
Designed for effortless access to the lake from Garden Plaza, two minutes Cable car The descent to The Marina and The Lake Clubhouse offers a panoramic experience in one of two air-conditioned cabins. Notable in its placement in a 90 degree curve over the water that Clubhouse on the lake will be a new model for casual leisure at the lake – an inviting, 3,500 square meter space. The 576 foot long boat docks, also exclusively for residents, offer private lounges above the boat docks. While a select number of boat docks are available for private use, most are reserved for private individuals Owners boat club.
Four Seasons Private Residences Lake Austin is currently accepting reservations. Residences start at $ 4 million. The project has confirmed 63 reservations and 36% of the total living space since reservations began just seven weeks ago. More information is available at www.lakeaustinprivateresidences.com.
Four Seasons Private Residences Lake Austin, the brand’s first standalone residential offering in Texas, will be an exciting addition to the existing Four Seasons Hotel and Private Residences Austin. The Lake Austin property also joins a growing global collection of standalone Four Seasons Private Residences London, The angel, San Francisco, and Marrakech.
ABOVE AUSTIN CAPITAL PARTNER
Austin Capital Partners was founded by Jonathan Coon, Jason Subotky, and Eduardo Margain. Jonathan is the co-founder of 1-800 Contacts (sold for $ 900 million in 2012 and taken over by KKR in 2020 for $ 3.1 billion) and producer of the film Napoleon Dynamite. During Jonathan’s 22 years as CEO of 1-800 Contacts, the company helped amend federal law to give Americans the right to their contact lens prescriptions while delivering a Net Promoter Score (NPS) of 80 to its customers. Jonathan describes the thread running through these endeavors as “working with great teams to solve difficult problems and create pleasant customer experiences”. Jason, formerly VP of Goldman Sachs, is a partner at Yacktman Asset Management — a $ 20 billion Funds. Eduardo is a tech entrepreneur, real estate investor, and co-founder of the new Austin FC and soccer team $ 260 million Stadion.
OVER FOUR SEASONS OF HOTELS AND RESORTS
Four Seasons Hotels and Resorts opened its first hotel in 1961 and has since dedicated itself to perfecting the travel experience through continuous innovation and the highest level of hospitality. Four Seasons currently operates 122 hotels and resorts as well as 47 residential properties in major city centers and resort destinations in 47 countries and with more than 50 projects being planned or developed, Four Seasons ranks among the world’s best hotels and renowned brands in reader surveys. Travel reports and industry awards.
Founded in 1957, Hines is a privately held global real estate investment firm with a presence in 255 cities in 27 countries. Hines manages investment assets totaling approx. $ 83.6 Billion¹. In addition, Hines provides property-level services for more than 367 properties totaling 138.3 million square feet. Hines has historically developed, refurbished, or acquired approximately 1,486 lots totaling over 492 million square feet. The company currently has more than 171 developments underway around the world. With extensive investment experience across all risk and property types and a fundamental commitment to ESG, Hines is one of the largest and most respected real estate organizations in the world. Visit www.hines.com for more information. 1 Includes both the Hines global organization and RIA AUM June 30, 2021.
Four Seasons Private Residences Lake Austin
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SOURCE Four Seasons Private Residences Lake Austin
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