Lincoln Property Co. and Austin Capital Partners have closed an $870 million construction loan for Four Seasons Private Residences Lake Austin, a 203-unit ultra-luxury residential development. TYKO Capital provided the financing for what is described as one of the largest construction loans for a luxury residential project in Texas. The project will consist of 179 residences and 28 villas upon full buildout, and will be managed by Four Seasons Hotels and Resorts as its first residential-only private resort community.
Located on a 210-acre site at 6507 Bridge Point Parkway overlooking Lake Austin, the development will offer extensive amenities including a clubhouse, theater, swimming pool, golf simulators, sports courts, an onsite restaurant, and two private marinas with 50 boat slips. Designed by Handel Architects and Page with interiors by Lissoni & Partners, the community is slated for completion in 2029. The financing comes amid a cooling Austin multifamily market following record deliveries, though high-end luxury projects continue to advance.
Lake Travis has a new barbecue option. Good BBQ Company, which got its start as a food trailer on East 12th Street in Austin, is now open at its second location inside Lake Trav...
Construction is underway on Pickleball Grove, a planned 15-court racquet sports complex at 5411 Reimers Peacock Road in Spicewood. Crews broke ground Oct. 12 on the first four o...
Canyon Ranch's new Hill Country wellness resort in Spicewood is scheduled to open for overnight guests on Oct. 22, Community Impact reports. The 600-acre property will have 141...
Community Impact's latest roundup lists 14 business changes across the Lake Travis-Westlake area, including several near the lake. In Spicewood, Infinite Hitting - Lake Travis i...
