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NEW HIGHRISE for 5th and Bowie….!

Austin-based Endeavor Real Estate Group released new details about a planned 36-story tower downtown to the American-Statesman, including that it has lined up the equity for the mixed-use project and has brought the Lynd Co. on as a development partner.

Endeavor and Lynd , a family-owned national real estate company based in San Antonio, plan to break ground on the tower in September, with the first of its 358 apartment units ready for tenants by third quarter 2014. The project is called 3 eleven Bowie, after its address near West Fifth and Bowie streets.

Equity is being provided by an undisclosed institutional investor, said Jamil Alam, a managing principal with Endeavor. Endeavor and Lynd officials are in the market to raise the construction debt needed for the project.

You can read the entire story  here  from the Austin American Statesman.

About Gregg Klar (396 Articles)
Austin creates an oasis of desirable communities that are touched by the beauty of it's presence. I'm one resident who considers myself fortunate to be a part of the Austin lifestyle. Combining a passion for my work with love for my community, I've earned my place among Austin's leading real estate professionals. I bring to every transaction a personal touch, innovative marketing techniques and in-depth knowledge of today's complex market to ensure your home sale or purchase is a success from start to finish. Put my team of experts to work for you today

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