Austin Investment Gem- The Metropolitan

October 15, 2007

Austin Investment Gem- The MetropolitanAustin is prime for living, relocation and investments, and The Metropolitan is sure to please all.  This $50 million, 8 story, 96 foot tall project has a prestigious adress across the street from our State Capitol.  Located on Trinity and 11th Street, this spot is quite attractive- not only will downtown views be a drawing factor, but residents may even be able to see the Governor’s Mansion from their living room!

The Metropolitan will have 84 luxury units on the upper floors, a six floor subterranean parking garage, valet service, and will offer street-level retail and dining.  We are unsure of the amenities as all of the details have yet to be outlines, but we’re excited that The Metropolitan will feature a private club called The Fountainhead which we suspect will be where people will rub elbows with politicians and lobbyists.

Reports conflict regarding the completion date, but is projected to be between August 2008 and early 2009.  Units will range in size from 900 sf to 1,900 sf one, two and three bedroom condos with pricing starting at $300,000 all the way up to the penthouses with private rooftop gardens going for a cool $1 million.

The Mote Group is The Metropolitan’s developer and we are proud that they are headquartered in Austin at the Littlefield Building, blocks away from The Metropolitan- proximity and an understanding of the area are distinct advantages they have, most likely making this a very successful project.

There are numerous condo developments underway in Austin right now, some of which have yet to even break ground and others requiring appointments- if you’re interested in further details, we can help.

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Hen Pecked by Lani, Asset Director | Filed Under About Austin, Austin News, Austin Real Estate Blog, Buying 

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