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Luxury living: Peek inside four condos going up in Austin

One Oak condos will complete sales of its 106 units next month. (Intracorp)

After runaway sales for its first residential development, real estate developer Intracorp is bringing three more luxury condos to Austin.

44 East Ave. is the first complex in Austin from Intracorp, but they have since opened their sales center for the One Oak development, announced plans for Congress Lofts at St. Elmo and teased a new project downtown that has yet to be named.

Intracorp held a ribbon-cutting ceremony to celebrate the property opening on Thursday. (Patrick Schecht)

Take a peek inside Intracorp's new housing projects.

44 East Ave

44 East (shown with a crane above it) is about halfway complete in construction. (Intracorp)

At 49 stories, 44 East Ave. is already sold out before tenants have moved in. At 44 East Ave in the Rainey Street District, the complex will house 309 units with a variety of floor plans with up to four bedrooms.

One Oak

One Oak's interiors look sleek and modern in renderings. (Intracorp)

The four-floor One Oak condos, on nearly three acres at 2209 South 1st Street in the bustling Bouldin Creek neighborhood, will be home to eight live-work storefronts and 106 condominiums. The number of units includes the Canopy Collection—10 “exclusive” penthouses.

Intracorp said it already has received over 300 reservation deposits for the collection of homes due to “exemplary design.”

“The early success is a testament to the quality design and the serene setting that we are offering here, but also because we have found a way to offer home ownership at price points that will be significantly less than the cost of new single family homes in the Bouldin area,” Intracorp Texas Development Director William Sayers said in a release.

The sales center, located just nearby at 1605 South 1st Street, will begin final sales of the homes to reservation holders in late January. Pricing for One Oak homes ranges between $400,000-$600,000 for one-bedroom units, $600,000-800,000 for two-bedroom units and starting at $1 million for the Canopy Collection.

The One Oak Sales Center opened plans to start hosting contract sales for its condo homes early next year.

Congress Lofts

A rendering of Congress Lofts. (Intracorp)

The third, Congress Lofts on 4315 South Congress, will consist of nine storefronts and an office space on the ground floor, with 139 residences spanning the second-fifth floors. The condos will range between $300,000-600,000, with studio to three-bedroom units, once they are completed.

“We really like the future here. This is a new urban neighborhood on the rise,” Sayers said. “Outside the central business district and Domain, the St. Elmo District might be the densest supply of future housing in Austin, and it’s an exciting time to be here.”

 A sneak peak?

Intracorp has one more development in the works—a new downtown highrise to be used as a mixed-use residential and hospitality addition to the skyline. No other information has been released on the development.

“Our next Intracorp communities in Austin will each be set in extraordinary locations with their own distinct personalities and identities, and will offer homes that seek to embody the essence of what makes those communities special,” Intracorp Texas Development Director William Sayers said.


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