Leon Capital Breaks Ground in Austin
- Sep 17, 2018
Leon Capital Group has broken ground on Society, a Class A multifamily project in Austin. Preleasing is scheduled to start in summer 2019 and first units are slated for completion by fall 2019.
Located at 6001 S. Congress Ave., the community will comprise a four- and five-story building made with glass, wood and metal. The 6.1-acre Society will offer 262 units featuring 10-foot ceilings, oversized kitchen islands, walk-in showers, washer/dryers, soaking tubs and views of downtown Austin. The project will have a heavy focus on technology, pulling inspiration from Austin’s reputation as a technology destination. Common areas will promote social connectivity through the use of design and technology. Amenities at Society will include:
- creative office space
- a tech lounge and individual offices
- a state-of-the-art fitness center
- a multi-leveled resort-style pool
- an outdoor TV lounge
“Leon Capital is very excited to provide residents the opportunity to live along the historic South Congress Avenue,” said Blake Schroeder, director of Multifamily Development for Leon Capital, in a prepared statement. “This area is quintessential Austin. South Congress boasts so many unique and popular shopping and dining establishments, plus year-round live music at entertainment venues and bars up and down the street.”
Society is located within close proximity to the upcoming Saint Elmo Public Market development, which will feature creative office space and an indoor-outdoor market and music venue. Also in the area is The Yard, a mix of retail and manufacturing housed in a 150,000-square-foot revitalized warehouse.
Rhode Partners is serving as Society’s project architect, while LG Wade Construction is serving as the general contractor.
Earlier this month, Leon Capital Group sold Hillstone on the Trail and Hillstone Trinity Oaks, two multifamily communities in Benrook, Texas, to Madera Residential.
Rendering courtesy of Leon Capital