Ledgestone Launches 198-Unit Condo Project in Austin
Full occupancy is expected in 2027.
Ledgestone has launched The Ander, a 198-unit residential condo development in Austin, Texas. Reservations have begun, with sales commencing later this year and full occupancy expected in 2027.
STG was the project’s architect and EDGE MDS LLC provided interior designs. Douglass Elliman has been tapped as the exclusive marketer for the project through its Perry Henderson Team.
Rising five stories, the boutique building comprises one- and two-bedroom floorplans ranging from 679 to 1,457 square feet. Amenities include a gym, swimming pool, rooftop terrace and social lounge. Prices range from $400,000 to more than $1 million.
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Located at 2001 W. Anderson Lane, The Ander is roughly 8 miles north of downtown Austin and some 14 miles from Austin-Bergstrom International Airport. It is also within walking distance from Northcross Mall Plaza and The Village shopping malls.
In a recent interview with Multi-Housing News, Stillman Development President Roy Stillman said that luxury residential markets, either condominiums or apartments, are experiencing particularly high demand. The company is currently developing a 132-unit luxury oceanfront condo project on the Jersey Shore.
Recently, a joint venture led by The Related Group secured a $400 million loan from Madison Realty Capital for Residences at Six Fisher Island. The project is an ultra-luxury condominium development in Miami that is slated to encompass 50 residences across 10 stories.
