A luxury multifamily development is coming to South First Street, adding to the spiking growth of developments in and around downtown.
Austin-based developer OHT Partners has plans for two communities with the first to open in late 2023. The first community, Lenox Woods, will include 402 one-and-two-bedroom units. It flexes amenities including two resort-style pools, pickleball courts, a shared work studio, a fitness center, electric vehicle charging stations and a dog park.
South First has seen a boost in residential and office space lately. In April, another developer announced plans for micro-units, a collection of residential homes that broke ground this spring already sold out and a 15-story office tower is expected to have tenants move in next spring.
Ben Browder, OHT Partners Vice President of Development, talked about how interest in this part of Austin has been in the making for years.
“South Austin has experienced a tremendous amount of multifamily development in the last decade because it’s one of the most affordable parts of the city and only 15 minutes from downtown,” Browder said. “All of the residential growth has attracted a lot more restaurants, retailers and entertainment venues to this area in recent years, and these nearby amenities have made South Austin an even more desirable place to live.”
Lenox Woods boasts a portion of the 37-acre site that’ll include heavily shaded parkland and a one-mile trail. Plus quick access to shops and restaurants at Southpark Meadows and The Yard.
OHT Partners will team up with local interior designers Wayfinder Real Estate, Houston-based architect Meeks + Partners and others.
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Elon Musk has placed an order for a new, top-of-the-line private jet: a Gulfstream G700, Austonia has learned. Delivery is expected in early 2023.
Billed as offering “the most spacious cabin in history,” the aircraft seats 19 and soars above the rest of us at up to 51,000 feet. Base price: $78 million.
The Gulfstream G700 was awarded the 2022 International Yacht & Aviation Award for excellence in cabin design this year. (Gulfstream)
According to the Gulfstream website, the G700 can fly up to 7,500 nautical miles without refueling, enough range to fly nonstop from Austin to Hong Kong. Powered by two Rolls-Royce engines, it has its own Wi-Fi system, 20 oval windows measuring 28” x 21”, and two lavatories.
The sweet new ride will replace his current top-of-line private jet: a 2015 Gulfstream G650, the aircraft that has been made somewhat famous by the automated @elonjet Twitter account, which tracks and reports his personal aircraft’s movements using public data.
Landed in Austin, Texas, US. Apx. flt. time 44 Mins. pic.twitter.com/jZ7HI0i4iV
— ElonJet (@ElonJet) June 24, 2022
Musk has repeatedly championed “free speech” as a guiding ethic in his planned purchase of Twitter. Last December, Musk offered the teenager who built the @elonjet tracker $50,000 to shut it down, citing security concerns. It’s still up.
According to the @elonjet account, Musk’s jet last traveled to Austin, where it’s been since June 23. The associated data says that his flight to Austin burned $2,573 worth of aviation fuel and discharged 4 tons of carbon dioxide.
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