The Geyser Group and Cadence McShane Construction Company are breaking ground on the new Goodwin Apartments. We have worked closely with Davies Collaborative and Sabot Development to handpick all the design elements that will go into this project. With outstanding exterior and interior design, it is no surprise that everyone involved in this project is ecstatic to see construction begin.
Located in prime East Austin, the multi-use development will add 364 residential units and 5,000 square feet of commercial space to the growing area. Since 2019, East Austin has become the hit location for up-and-coming bars, restaurants, and other retail developments.
The area was deemed one of the fastest-growing areas in the city prior to the pandemic making the community in East Austin incredibly diverse. With new multipurpose developments comes the need for new housing. The new Goodwin Apartments will provide an abundance of opportunities to live where the action is.
Following construction, 10% of the units will be affordable housing, prioritizing existing tenants at the existing complex. Current residents will be eligible for financial assistance and be given first preference to help them move back into the new development. Residents will be given access to free classes on financial literacy through Framework CDC.
Breaking ground on projects that will benefit us and the community is something we strive for. The Geyser Group believes in opportunity, and Goodwin will provide Austin residents with up-scale housing combined with a number of social opportunities.
To learn more about Goodwin, check out our ‘Project Spotlight’ series here.