Northland Living to price some of its downtown condo units at $500K
Relatively affordable units will mix with those priced over $3M; construction expected to start this year
Northland Living is gearing up for its 35-story condo tower in downtown Austin.
The Canadian company, a subsidiary of Dallas Stars owner Tom Gaglardi’s Northland Properties, will start construction this year on Luminary, a 280-unit project located at the northwest corner of West 14th and Guadalupe streets, the Austin Business Journal reported.
Luminary will feature units ranging from 600 to 2,700 square feet, with prices starting at $499,000, making it a more affordable option compared to other developments in the area. Some units will be priced at over $3 million, but about half will be priced under $1 million.
The tower will also include ground-floor retail, with an emphasis on local businesses, said Tony Kaleel, president and CEO of Northland Living.
Amenities will include a climate-controlled 75-foot pool, an outdoor kitchen, a fitness center and a yoga studio. There will also be a media lounge, a clubroom and a dog park.
