Allers Landing, Austin Apartments

Roers Companies is proposing the new construction of a high-quality 200-unit, workforce apartment building located in Austin, Texas. This three-story project will help meet the demand for workforce housing in Travis County by offering a variety of unit types ranging from one to four-bedroom, featuring premium amenity spaces including a community room, activity room with kitchenette, fitness room with yoga studio and children’s activity area, business room, multipurpose room, and swimming pool.

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Primary access to the area is provided by State Highway 71, Highway 183, FM 1327, and Interstate Highway 35. Austin-Bergstrom International Airport is located 12 miles northeast of the property; travel time is about 18 minutes, depending on traffic conditions. Downtown Austin is 12 miles north of the property.

Demand Generators

This project is located in the Southeast Austin market area off of Lockhart Road, a major north-south thoroughfare, and sits just east of Interstate Highway 35. The location offers future residents direct access to a robust community. The area is anchored by employment in state and local government and higher education, including the University of Texas, St. Edward’s University, Texas State University, and Southwestern University. Research and development and healthcare are also important economic influences.

Facts & Figures

  • Equity Raise $17.8M
  • Total Project Cost: $55.9M
  • Construction to begin Q2 2024
  • Developer, Contractor, Property Manager: Roers Companies

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