Connect Media > Texas News > Austin > NRP Group, Willton Team up on 368-Unit Lucent
apartment construction

October 31, 2019 Comments Off on NRP Group, Willton Team up on 368-Unit Lucent Views: 1188 Austin, Maryland, Northeast, Texas News

NRP Group, Willton Team up on 368-Unit Lucent

Order Reprints...

The NRP Group is partnering with Willton Investment Management to develop Lucent, a 368-unit apartment complex in Austin’s Tech Ridge neighborhood. Construction launched on the complex at 12201 Dessau Rd.; the development is scheduled for completion in 2021.

The project will consist of 16 three-story residential buildings with attached garages and a stand-alone clubhouse. The unit mix has one-, two- and three-bedroom layouts, with amenities including a resort-style pool with sun deck, a fire pit, grills, fitness centers, gathering spaces, bike storage and 24/7 package receiving services.

The Cleveland, OH-based NRP Group and Willton Investment, headquartered in New York City, also broke ground on The Everly at Largo Metro, a 260-unit complex at 100 Capital Court in Largo, MD. That project is also scheduled for a 2021 delivery.

BMO Harris Bank and Fifth Third Bank provided construction financing for Lucent and The Everly, respectively.

Read more at PR Newswire

Connect With NRP Group

Connect With Wilton Investment

Get CRE News in 150 words

For comments, questions or concerns, please contact Amy Sorter

Tags: ,

Comments are closed.