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| Michael Lynd Jr. |
San Antonio, TX – San Antonio-based Lynd, in partnership
with Austin-based Endeavor Real Estate Group, has commenced construction on The
Bowie, a 36-story, 358-unit luxury apartment building in downtown Austin.
Equity for the
project is being provided by an institutional investor, who is being advised by
Dallas-based L&B Realty Advisors, LLP.
This is the second collaboration between Lynd and L&B Realty
Advisors – the first being the successful EnV Chicago high-rise, which was
awarded Multifamily Executive’s Project of the Year in 2011.
The Bowie, located
at 311 Bowie Street, sits along the banks of Shoal Creek and the planned
expansion of the famed Hike and Bike Trail.
The site is directly across the street from Whole Foods’ headquarters
and flagship grocery store and sits within the Market District – one block east
of Lamar Blvd. and two blocks north of Lady Bird Lake.
“Lynd and Endeavor
have assembled an excellent team to design and build what we believe will be
one of the finest luxury residential rental buildings in all of downtown
Austin,” said Michael Lynd, Jr., CEO of Lynd.
“Together, Lynd, Endeavor, and L&B are focused on
delivering a residential experience that reflects the unique spirit, texture
and culture of Austin. This is a special project with a fantastic location.”
For a complete copy of the company’s news release, please
contact:
Todd Templin
Boardroom Communications
954-290-0810
Lynd Contact:
Daniel Zunker, Lynd
210-798-8187
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