Kalterra Capital Partners announces a new multifamily project strategically located along the rapidly growing I-35 corridor south of Austin. The Verge, currently under construction in Kyle, is a luxury apartment community with adjacent planned retail to be announced in the coming months. Kalterra’s new project will benefit from the region’s exploding population with direct access to jobs, shopping, and entertainment venues in Austin and San Antonio.
The Verge luxury apartment community is under construction on 15.5 acres rezoned for multifamily residential and commercial construction at the southwest corner of I-35 and Kohler’s Crossing. Kalterra purchased the property in 2020 and successfully worked with the City of Kyle to rezone the land for high density, Class-A multifamily and commercial uses. The 263-unit apartment complex is scheduled to start leasing in February 2023. In addition, Kalterra has secured a lineup of restaurant brands for planned retail, to begin construction within the next six months.
Adjacent to the new Dry Creek Development (formerly Kyle Town Center), The Verge will include a massive interior courtyard with a pool, outdoor grilling stations, a pickleball court, lounge areas, and large green spaces. The Verge’s interior will feature a fitness center, business center, dog spa, and game rooms. Each unit will be accented by quartz countertops, stainless steel appliances, nine-foot ceilings, balconies, and dog yards.