Sienna at the Thompson Opens Temporary Leasing Office

Chicago-based Magellan Development Group, in partnership with BLG Capital Advisors, Geolo Capital and Wanxiang America Real Estate Group, today touted its newest project, Sienna at the Thompson—a luxe apartment community located within Thompson Austin, a Hyatt Hotel and adjacent to tommie Austin a JdV by Hyatt hotel – has opened its temporary leasing office located at 501 Brazos Street, Austin, Texas 78701. Found in the heart of downtown, the much-anticipated project is currently under construction at 5th and Brazos Streets. Sienna at the Thompson is located at the intersection of “here, there and everywhere”—where residents will live at the heart of downtown Austin’s many eclectic attractions. Rising 32 stories above the city, Sienna at The Thompson will encompass 770,053 square feet and offer 331 luxury apartment rental homes occupying floors 15 through 31 of the building. The residences will be a mix of junior one-, one-and two-bedroom units. Additionally, Sienna at the Thompson will offer eight unique Ori Living residences featuring modern living robotic space saving solutions, such as the cloud bed and pocket offices. The first and second floors will be retail space, and the garage will occupy four below-ground floors, offering 297 covered parking spaces for residents. Sienna at the Thompson will be more than a home; it will be a lifestyle, with a vast array of shared indoor and outdoor amenities, including many offered by Thompson Austin and tommie Austin. Now pre-leasing, with 56 units leased in the past month since opening, Sienna at the Thompson is currently offering special incentives, including first-month free rents with signing of a 12-month lease. The average monthly lease will be $2,636 and move-ins are anticipated to begin in late summer.