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Texas  + Apartments  | 

Legacy Set to Break Ground on East Austin Condos

In partnership with Diamond Ventures, Austin-based Legacy Communities is set to break ground this Fall on Gravity ATX, an 90-unit condominium and development. Gravity ATX is reportedly the only such residence in up-and-coming East Austin and sold 65% of its pre-construction residences in the first 30 days.

“After seeing East Austin’s rapid growth of luxury properties, we saw a unique opportunity to develop new market-rate attainable homes for first-time buyers, empty nesters, those looking to set up professional home offices and others tired of wasting money on high Austin rents,” said Legacy Communities partner Philip Jalufka, 

He added, “We didn’t let the COVID shutdown or pandemic hinder or stall our sales and marketing efforts to interest home buyers, which has resulted in $18,172,000 in pre-construction gross sales in just 30 days—a remarkable achievement, in my view.”

For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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