AUSTIN, TX – Transwestern Austin today announced The 704 project is open for leasing and will be ready for move-in on Oct. 1. The 378-unit complex was designed to complement the rustic feel of the legendary Broken Spoke Dance Hall that it surrounds.
“We’re very excited to be delivering a product that is authentic, fun and truly embraces the spirit of South Austin,” said Josh Delk, associate vice president of development. “We spent a lot of time designing the project to encourage interaction among residents, guests, retailers and the Broken Spoke. I’m very proud of the way the project has attracted a dynamic mix of retailers and restaurants and offers residents an amenity package that sets us apart from our competitors.”
Located at 3503 South Lamar Blvd., The 704 has excellent proximity to retail, transportation and entertainment. The complex also offers its residents two swimming pools, covered parking, a fitness center and a yoga studio. Units at the project consist of 700-square-foot one-bedroom units and 1,200-square-foot two-bedroom units, for a total of 346,686 square feet of living space. For more information about leasing space at complex, visit The 704 Facebook page.
Transwestern has retained Lincoln Property Company to lease and manage the apartments at The 704. Lincoln is a leader in the residential property management field and has committed a substantial amount of resources to developing its infrastructure.
The 20,000 square feet of retail space on the ground floor of the project is currently 62 percent leased. Edge Realty is handling the leasing for the retail space, while Transwestern will take over management of the space once the project is delivered.
Transwestern is a privately held real estate firm specializing in agency leasing, property and facilities management, tenant advisory, capital markets, development, research and sustainability. The fully integrated enterprise leverages competencies in office, industrial, retail, multifamily and healthcare properties to add value for investors, owners and occupiers of real estate. Transwestern facilitates better decision-making for clients by combining penetrating local market intelligence and macro-market research through its affiliate, Delta Associates. Transwestern has 33 U.S. offices and assists clients through more than 180 offices in 36 countries as part of a strategic alliance with Paris-based BNP Paribas Real Estate. For more information, please visit www.transwestern.net and follow us on Twitter: @Transwestern. Follow Transwestern’s Austin office on Twitter: @TranswesternATX.
ABOUT LINCOLN PROPERTY COMPANY
Lincoln Property Company helps people find affordable apartments that fit their needs and to appeal to their tastes. Lincoln is currently ranked as the third largest property manager in the United States, with over 140,000 apartment units currently under management and is known as a leader in the residential property management field. In addition, over 70% of Lincoln's apartment management portfolio is comprised of fee management accounts for third party investors.