Wood Partners, a real estate firm, has broken ground of its luxury property in Austin, Texas, the US.

Situated at 8528 Burnet Road, the property, which is named to be yet, is being developed in partnership with ParkProperty Capital.

The first phase of the project is expected to open in Q4 2022.

The property will derive inspiration from the vibrant history of the North Burnet Road corridor.

It will combine Austin-inspired design elements with a refined, fresh aesthetic.

This scheme will feature 261 luxury units with one, two and three-bedroom units, which will include high-end finishes, appliances, and technology packages.

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The project will also feature a clubroom, fitness centre, business centre, micro-offices, conference and entertainment spaces, outdoor kitchen, outdoor exercise and yoga area, dog park, and a resort-style swimming pool.

It will also include a parking garage, and an indoor/outdoor sky lounge.

Wood Partners managing director Bart Barrett said: “This project reinforces Wood Partner’s commitment to developing market leading assets in top tier locations throughout Austin.

“8528 Burnet is a strategic step forward in solidifying Wood Partners’ presence as a preeminent multifamily development group in Austin and central Texas. We have delivered or are currently building approximately 1,200 residences in this market, and we continue to pursue additional opportunities.”

Located in one of Austin’s most distinct areas, the project is claimed to offer access to employment, entertainment, and activity centers, including The Domain and Parmer Austin.

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The project is claimed to offer access to employment, entertainment, and activity centres.  Credit: Pexels from Pixabay