Work will soon start on a new Foundation Communities low-income residential building in South Austin. Bluebonnet Studios, which will take shape at 2301 S. Lamar Boulevard, will be similar to Capitol Studios, which was completed at the end of 2014.
The new project will be a multi-story residential building with 107 units. Forge Craft Architecture + Design along with Dick Clark + Associates are the two architecture firms for the project. BIG RED DOG is the civil engineer, and SpawGlass is the general contractor.
Bluebonnet Studios will feature efficiency units, amenity areas that can host social and educational programs, and an interior courtyard. Like Capitol Studio, the project’s units will be owned and managed by Foundation Communities once they’re finished. Capital Studios was the first affordable housing project to take shape downtown in 40 years.
Funding for Bluebonnet Studios comes in part from the state, which awarded $30 million late last year to Foundation Communities for this project as well as Lakeline Station Apartments near the Lakeline train and bus station, and Southwest Trails Phase 2 in the Oak Hill neighborhood.
Although it’s not in the Central Business District, Bluebonnet Studios is close to downtown via bus and car.
“The more people have to move further and further away from the central city to be able to afford a place to live, that just adds to traffic and pollution, and all those things that impact all of us. It really is in all of our interest to keep Austin as affordable of a place to live as we can,” Julian Huerta, Foundation Communities deputy executive director, told KVUE.
Construction on Bluebonnet Studios is set to start this summer, with a completion date in summer of 2016.