Julie Alexander had the unique opportunity to lead the formation of the condominium regime at The Retreat at Riverside Condominiums, located at 5107 East Riverside Drive in Austin, Texas. This project was developed by Ashton Gray Investments and transformed a 2.6-acre parcel into a vibrant residential community, showcasing the dynamic growth and potential of the East Riverside area.
The property at 5107 East Riverside Drive was developed into 44 condominium units, each thoughtfully designed to meet the needs of modern homeowners. The development resulted in a 60,204 square-foot complex featuring five-bedroom, five-bathroom units. The strategic location of this property offers residents easy access to downtown Austin, making it a desirable place to live.
“ This project transformed a 2.6-acre parcel into a vibrant residential community and showcased the dynamic growth and potential of the East Riverside area.”
The demand for housing in Austin, particularly in the East Riverside area, has been on the rise, driven by the city's rapid growth and the influx of millennials seeking vibrant urban living spaces. Recognizing this trend, the 44 condominium units at 5107 East Riverside Drive were pre-sold to buyers with executed contracts, reflecting the strong interest in this development.
This project not only provided high-quality housing options but also contributed to the ongoing revitalization of the East Riverside corridor.
For more detailed information about this project, you can visit the Ashton Gray Investments website.
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Need to form a condo regime on a multi-family property? Contact Julie Alexander at Julie@TexasCondoLaw.com.
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