Pressler

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  • Description:

    Pressler is a mixed use development located just West of Austin’s downtown on the corner of Pressler and West 5th Street between Lamar and Mopac in Austin, Texas. A Joint Venture with Gables Residential, Pressler includes 170 Class A apartment units above 25,000 square feet of neighborhood retail. The project will be delivered in March 2009.

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  • Capitalized:

    April 2007

  • Product Type:

    Neighborhood Mixed Use Development

  • Location:

    5th and Pressler Street

  • Mix:

    170 Apartments 26,000 Square Feet of Retail

  • Size:

    190,000 Square Feet

  • Partner:

    Gables Residential

  • Value Add:

    Zoning, BOA Variances, TCEQ VPM Program, JV Structure and Contract Agreement