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AvalonBay Building 252-Unit Northwest Hills Project
AvalonBay Communities recently broke ground on Avalon Northwest Hills, a 252-unit apartment community in Central Austin, marking the company’s second ground-up construction start in Austin. The community is situated between Downtown Austin/CBD and The Domain.
The 252-unit podium-style community is located between MoPac and Loop 360 in Northwest Hills, an area with limited recent building activity. In a release, AvalonBay adds that there was only one other construction start in the location in the past decade. Industry data shows that multifamily groundbreakings in Austin fell to a 14-year low in the third quarter, with only 600 units starting construction.
Amenities include a resident lounge with co-working space, fitness center, bike room, pool deck, and a rooftop indoor/outdoor amenity with panoramic views of downtown Austin, The Domain, and the UT Tower.
Construction began in October and first move-ins are expected in late 2027.
Attend Connect Southeast Multifamily on December 4th in Key Biscayne when the market experts share the playbook for where capital is moving next, and how the region’s power players are positioning themselves to stay ahead of the national curve. Be there to explore the opportunities, challenges, trends, and the future outlook for the multifamily landscape throughout Florida and the Southeast. www.ConnectSEMF2025.com
- ◦Development