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Transwestern Development Starting Micro-Unit Millennial Multifamily Project in Austin

Rendering of Transwestern Development's multifamily project in Austin.

Rendering of Transwestern Development’s multifamily project in Austin.

AUSTIN – Transwestern Development Co. will break ground in June on the Indie Apartments, a micro-unit community at 1648 E. Sixth St. in Austin.

Transwestern Development Co. will construct the 139-unit community with a 2,500-SF restaurant in East Sixth, a thriving entertainment district just east of downtown Austin. The 55,814-square-foot property will have 350-SF studio units and 520-SF, two-bedroom units.

“Younger generations like millennials have personal incomes that aren’t growing as fast as rental rates in most areas, yet they want to live in the middle of restaurants, bars and entertainment areas,” said Josh Delk, vice president at Transwestern Development Co. “This project will answer that growing demand for more efficient, affordable living space that is located close to numerous amenities.”

The fully furnished apartments will maximize space through built-in storage units and flexible furniture systems such as Murphy beds, hideaway kitchen modules and convertible tables.

Located less than one block from the Plaza Saltillo metro station, Indie Apartments is in a rapidly gentrifying area of Austin that has embraced the arts as well as the local food scene.

The project will feature a large communal area that will flow from the inside of the lobby into the outdoor courtyard, which will feature fire pits and outdoor televisions. The development and design team maximized space by including 108 below-grade parking spaces, as the residential population in the area embraces walking, biking, light rail and ridesharing as alternatives to owning a vehicle and parking is in lesser demand than traditional multifamily projects.

The general contractor is Martines Palmeiro Construction, and the architect is Wilder Belshaw Architects. Comerica provided the financing for the project.

Transwestern Development Co. is also developing a two-building, 445,952-SF project directly across the street from Indie Apartments that includes a 94,500-SF creative office building and 350 multifamily units with 10,000 square feet of ground-floor retail space. The office building, located at 1645 E. Sixth St., is 100 percent leased and The Arnold apartments will begin leasing this month. The retail space will be occupied by restaurants Gatto Nero, Enoteca Gattino and Blenders and Bowls, as well as urban grocer Royal Blue.

 May 15, 2016

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