PointOne Holdings reposted this
Exciting news from PointOne Holdings! In partnership with The NRP Group LLC, we're thrilled to announce the launch of Ross Road Apartments in Austin, Texas. This 328-unit, 4-story wrap multifamily development is located on a 16.5-acre site in the East Austin submarket. Ross Road Apartments is set to be the premier multifamily residential property in the area, offering residents an unmatched lifestyle. Our amenities will include three courtyards, a resort-style pool with cabanas and outdoor games, a state-of-the-art fitness center, a serene Zen lounge, coworking spaces with multiple meeting and conference rooms, and a community chef’s kitchen. Unique features for the submarket, like enclosed hallways and structured parking will provide unparalleled convenience and comfort to our future residents. Ross Road Apartments’ proximity to Road 130, a vital north-south highway, connects it to major economic hubs such as the multi-billion-dollar Samsung semiconductor facility plus its recently announced $44 billion chipmaking plant and the Tesla Gigafactory. Construction is starting soon, with the first apartment units expected to be delivered in Q2 2026. After a dramatic decline in new multifamily construction starts since their 2022 peak, we anticipate a strong recovery in both occupancy and rent growth as Ross Road Apartments enters the market. We want to extend our sincere gratitude to our partners at The NRP Group LLC, including David Heller, George Currall, Scott Villani, Kevin Loos, Jason R. Geiger, Max Whipple, Christopher ONeill, Karilyn Shay, Zoe Adams, Adam Siegal, and every member of the NRP team involved in this project. Learn more at: https://lnkd.in/ed83KNSU #pointoneholdings #multifamilyrealestate #multifamily #multifamilyhousing #realestate #realestateinvesting #realestateinvestors #investmentportfolio #investmentopportunity #realestateinvestmentopportunity #multifamilydevelopment #commercialrealestate #realestateinvestment #investinginrealestate #privateequity #realestatemarket #realestatemarkets #RealEstateDevelopment #AustinTX #MultifamilyLiving
Excited about delivering this in 2026 and honored, once again, to partner with our great friends at The NRP Group LLC
Congrats, the project looks great!
This looks top notch! Can't wait to see how the project progresses. Where would one inquire about data/telecom for this project?
Are you taking bids for framing?
Looks great!
VP of Capital Markets / Nature Lover / Mental Health Junkie / Human
4moThe feeling is mutual! Appreciate you all and the great partnership. What a special project this will be.