6400 E. Riverside Dr., Austin, Texas 78741
Scheduled to break ground in Q1 2019, Urban East will be a true mixed use (live, work, play) development consisting of three 5 story, elevator serviced apartment buildings, a 5 story Class A office building and a double height single story building for restaurants and retail with all uses finding convenient parking in one of the two parking garages or surface parking throughout the development.
Apartment residents will enjoy two resort-style swimming pools, sun decks, fully equipped gym, pool side lounge, outdoor grills, dog park, yoga-fitness studio, WIFI coffee bar, sky lounge with downtown views, media-conference room and secured gated parking. In keeping with current market trends the 325,000 rentable square feet of residential space will be divided into 378 apartments in a 80% - 20% mix of one bedroom and two bedroom units with an average size of 860 square feet.
Urban East offers 100,000 square feet featuring views of downtown, relief from escalating downtown rents, superior access to the airport and six hotels within one mile. Additionally, private equity firms that choose to locate their technology, biotech and other startups with longer exit horizons, within the offices at Urban East can take advantage of the opportunity zone tax treatment on their business investment.
Tying it all together is the fun and energy found in Urban East’s 20,000 square feet of food, drink and merchandise space available to the residents and office tenants of Urban East, as well as the growing number of home owners and apartment residents in the East Riverside Corridor.