The property, 2900 Oak Springs is planned to have 250 units with 125 units being affordable or below market value. This complex will be minutes from Springdale Green (an 875,000 square foot office space set to deliver in 2024), East 6th Street, Downtown Austin, Mueller Business District, Austin-Bergstrom Airport, The University of Texas, and Tesla’s Gigafactory. The complex will also provide stellar views of downtown Austin.
2900 Oak Springs is well positioned to benefit from recent exponential growth throughout East Austin, including residential and commercial developments along East Sixth, East 12th, and MLK Jr Blvd. Young professionals are flocking to East Austin, and commercial developers have responded in kind. Continuing this virtuous cycle, there is significant market demand for additional residential density in the area as companies continue to move in.