June 15, 2009

AMLI to Build Apartments in University Park

AMLI Residential has been selected to build a 315-unit apartment complex in the University Park development in Austin’s urban core.

The multifamily powerhouse will develop a 350,000-square-foot apartment building featuring 45,000 square feet of ground floor retail. The 64-foot structure will be built on 2.5 acres in the northwest corner of the 23-acre project.

Project developer Alexandrina selected AMLI Residential as the apartment developer after an extensive interview process.

“AMLI Residential understands the Austin market and how to effectively build a new urbanism concept. That combination helped the company distinguish itself from others, and were two key reasons why it was selected to be a part of University Park,” said Andy Sarwal, lead developer with Alexandrina.

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(Note: University Park was named East Avenue at time of press release.)