A new condominium project that has just broken ground in East Austin aims to provide less-than-sky high priced housing close to downtown.
The Tyndall, a six-story condo at I-35 and East Eighth Street, will feature units that range in size from 571 square feet to more than 2,400 square feet, and in price from the $260,000s to more than $1 million. That’s approximately $500 per square foot, as opposed to new construction condos in downtown that run closer to $700 per square foot.
Momark Development LLC, the group behind the Austonian, The Goodnight, and Plum Creek – among other projects – is The Tyndall’s developer. Terry Mitchell, principal of Momark, told the Austin American-Statesman that it is due to be completed in August 2018.
“Overall, they’re providing units at a price point you can’t achieve downtown anymore,” Kevin Burns, CEO of Urbanspace + Interiors, told the Statesman. “I think Terry Mitchell is an incredible developer, passionate about creating great communities and not just building for the top end of the market, but embracing the middle- and upper-middle portion of the marketplace.”
Mitchell has said that so far there are 32 contracts signed for units in The Tyndall. Amenities include a pool, dog run, car-charging stations, and 24-hour fitness center – plus the location, which is within walking distance of music venues, restaurants, and the new University of Texas medical school.
White Construction Company is the general contractor for the project. Humphreys and Partners is the architect, dwg. handled the landscape architecture, and BIG RED DOG Engineering provided civil engineering and MEP engineering services. BuildingATX will bring you updates as this project moves through the construction process.