July 2, 2020
The Agave at Gruene Rapids, a 15-unit luxury condominium complex in the Gruene Historic District, recently broke ground. Located just west of the Gruene Road bridge, the project is the first waterfront condo development in New Braunfels in more than 10 years.
The development was started by principals Michael Fredrickson and Brad Beago at Agave Investment Partners. Fredrickson and Beago have previously developed vacation rental properties on the Guadalupe River, as well as several apartment complexes.
“We are excited to start construction of this exceptional showcase project,” said Fredrickson. “These condos are ideal for those seeking a second home or anyone looking to escape the city life and enjoy all the Texas Hill Country has to offer.”
The condominiums will be built by Frontera Construction out of Del Rio, TX, and designed by Open Studio Architecture in San Antonio.
For comments, questions or concerns, please contact Paul Bubny