Arise-1.jpg
MF_icon.png

BROADSTONE RIVERSIDE

Approved 12/3/2018

Multifamily

LOCATION
START DATE
COMPLETION DATE
FUND EQUITY (MM)
TOTAL PROJECT COST (MM)
% COMPLETE
Austin, TX
Q2 2019
Q2 2021
$14.3
$45.8
100

This project in Austin, Texas is a dense garden-style product with surface parking. 

Located southeast of Lady Bird Lake and the Interstate-35 bridge, “Austin’s South Shore” is seeing renewal with the influx of tech companies and residents looking for a cost-effective alternative to downtown with close relative proximity to central city amenities. 

 

Oracle opened a “South Shore” campus in 2018 and will double its size in 2019. The Austin Business Journal quoted an Oracle executive saying, “The Lady Bird Lake campus will soon employ 3,000 people onsite and that the headcount could grow to 10,000 people as the company expands.”

Broadstone Riverside’s proximity to the new Oracle campus combined with incredible job growth across Austin presents one of the most exciting multifamily opportunities in the United States.

Arise-2
Arise-2

Arise-4
Arise-4

April 2019
April 2019

Arise-2
Arise-2

1/94