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ARCTRUST, Edison Equity Teaming Up on 175-Unit Austin-Area 55+ Community
ARCTRUST Private Capital and Edison Equity Residential broke ground on Serenova at Dripping Springs, a 175-residence, 55+ age-restricted community in Dripping Springs, Texas. The groundbreaking follows the August closing of the project’s construction loan, provided by North River Partners.
This project follows the duo’s effort on Serenova at Woodforest, which broke ground in October 2025.
Located adjacent to the Headwaters master-planned community, Serenova at Dripping Springs will include 133 upscale one- and two-bedroom apartment homes and 42 private villas.
Serenova at Dripping Springs concierge services will include personal assistance with reservations, travel, in-home needs and social planning. Planned amenities include a chef-curated restaurant and social bar, wellness-focused fitness centers, a pool, a creative arts studio, a club room, a community lounge and marketplace,.
With construction now underway, the first residents are anticipated in Fall 2028. The project team includes Market Square Architects, StudioSIX5 Design and The Brownstone Group.
- ◦Development