Construction Launches on EastGate Condos

Pearlstone Partners began construction on EastGate, a 68-unit, mixed-use condo product at 2015 Manor Rd. in East Austin. The project is expected to be ready for move in by summer 2019, with the units being marketed by Prospect Real Estate. Prices start in the low $200,000, with the average condo running $307,000.

The project offers one and two-bedroom units, with floor plans averaging 861 square feet. Retail and office space will be on the ground floor. Pearlstone Partners has been developing residential projects in Austin areas such as Hyde Park, Allendale, the Saltillo and West Campus.

“As our millennials are aging, we see eager buyers who can’t afford expensive downtown condos. We are filling an under-served market of home buyers who want attainable new construction near entertainment and retail districts,” said Pearlstone Partners’ Bill Knauss.

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