A 16-acre multifamily development headed to North Austin

Lenox Grand will have 315 Class A rental units near Domain

National /
Jan.January 17, 2022 06:00 PM

Lenox Grand 13505 Burnet Road, Austin, Texas (OHT Partners)

Multifamily developers are trying to keep up with all the new office space going up in North Austin’s Domain neighborhood.

Often referred to as the city’s “second downtown,” the mixed-use community has expanded over the years to include several new office towers—and they keep on coming. Amazon leased 330,000 square feet of office space in an under-construction high-rise there last month.

That office development is happening alongside the growth of retail and entertainment complexes and Uptown ATX, a new mixed-use development. The new Austin FC MLS stadium and a number of tech employers also are nearby. That means a lot of workers are looking for places to live in the area. One of the most recent companies to join the multifamily fray is OHT Partners. Formerly Ogden Hughes, the Texas development, construction and investment firm specializes in Class A rental communities.

“The number of high-paying jobs in this area has increased dramatically in the last few years and will continue to do so as the Domain grows, Apple opens its new campus and Uptown ATX attracts more major employers to this area,” said Ben Browder, OHT’s vice president of development. “North Austin needs more housing opportunities for people who want to live near
their jobs and the growing number of popular retail and restaurant amenities nearby.”

OHT is about to break ground on the Lenox Grand. The new multifamily community at 13505 Burnet Road will be 1.3 miles from the Domain’s retail and office centers. It will have 315 apartments in a garden-style complex on 16.4 acres. It will offer one-, two- and three-bedroom apartments and eight townhouse-style units. Community amenities include a shared work studio, two pools, a pickleball court, a dog park and a walking trail.

The project involves a number of Austin-based, development-related companies, including Davies Collaborative as architect, Pape-Dawson as civil engineers, MEP Delta Design engineers, Blu Fish Collaborative as landscape architect and PPDS interior designers. Houston-based CPH is the structural engineer.

Lenox Grand is scheduled to open in early 2023.





    Related Articles

    arrow_forward_ios
    Dacar Management's Alberto Micha-Buzali with Residences and Shoppes (LinkedIn, Dacar Management)
    Dacar scores $81M loan for Publix-anchored mixed-use project in Hialeah
    Dacar scores $81M loan for Publix-anchored mixed-use project in Hialeah
    David Barry, principal, Ironstate Development along with a rendering of the proposed eight-story building between Northeast 26th and 27th Streets in Wynwood (Ironstate, 5G Studio Collaborative)
    Developer proposes Urby-branded apartments on former Art by God site in Wynwood
    Developer proposes Urby-branded apartments on former Art by God site in Wynwood
    the Church of God Evangelical at 12830 Northeast Sixth Avenue in North Miami with Daniel Jaramillo and Tomas Sinisterra of Strategic Properties based in Miami (Google Maps, LinkedIn)
    Praying for a profit? Developers plan multifamily project on North Miami church site, adjacent property
    Praying for a profit? Developers plan multifamily project on North Miami church site, adjacent property
    renderings of the proposed three-tower development on the site of an existing Hyatt and the James L. Knight Center on the Miami River at 400 Southeast Second Avenue, Miami (Arquitectonica, Gencom, LinkedIn)
    Third time’s a charm? Hyatt and Gencom unveil new plan for hotel, apartments on James Knight Miami River site
    Third time’s a charm? Hyatt and Gencom unveil new plan for hotel, apartments on James Knight Miami River site
    Gilbert Benhamou, Charlie Kushner, Laurent Morali and Nicole Kushner Meyer with 19199 Northwest 27th Avenue (LinkedIn, Kushner, Morali via Sasha Maslov, Google Maps)
    Kushner to co-develop multifamily project south of Hard Rock Stadium
    Kushner to co-develop multifamily project south of Hard Rock Stadium
    Shoma's Masoud Shojaee and Stephanie Shojaee with 3650 Bird Road (Shoma Group, Google Maps)
    Shoma pays $34M for Miami apartment towers dev site
    Shoma pays $34M for Miami apartment towers dev site
    Starwood’s Barry Sternlicht (Getty, iStock)
    Starwood’s a “sea of stability,” prepared for a recession, Sternlicht says
    Starwood’s a “sea of stability,” prepared for a recession, Sternlicht says
    Renderings of the Emerald Bay Apartments project (MSA Architects)
    Hialeah apartment project scores $67M construction loan
    Hialeah apartment project scores $67M construction loan
    arrow_forward_ios

    The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

    Loading...