December 19, 2024 - 12:30
AUSTIN, TX - Canyon Partners Real Estate has entered into a joint venture with Gilbane Development Company to develop a new multifamily project named Aer. This ambitious endeavor will feature 375 Class A residential units situated in the vibrant South Lamar submarket of Austin, Texas.
The prime location of the project is approximately three miles south of downtown Austin, strategically positioned along South Lamar Boulevard. This established corridor is known for its easy access to a diverse array of retail and dining options, making it an attractive destination for residents. Additionally, the proximity to nearby parks enhances the appeal of the community, providing ample opportunities for outdoor activities and leisure.
This collaboration marks a significant investment in the Austin real estate market, reflecting the ongoing demand for high-quality multifamily housing in the area. The development is poised to contribute positively to the local economy and urban landscape, offering modern living spaces in a thriving neighborhood.
