Located at 6400 East Riverside Drive, between Montopolis Dr. and Vargas Rd., the 7.3-acre Urban East project, designed by Davies Collaborative, will include 381 units in the first phase, with an expected delivery date of Q1 of 2023. The second phase, estimated to begin in Q1 of 2022, will bring an additional 138 units for a total of 518 units. Approximately 80 percent of the apartments will be one-bedroom units, with an average size ranging from 750 to 800 square feet, as well as efficiency studios at approximately 550 square feet and the largest units spanning over 1,200 square feet. The site also will feature three structured parking garages.
“Urban East represents one of the largest multi-family opportunity zone projects to break ground in Austin.” said Peter Kehle, co-founder of River City Capital Partners.