The Goodwin Multifamily Development Apartments in East Austin
The Geyser Group is highlighting our upcoming project, The Goodwin, located just off the intersection of Springdale Road and Airport Boulevard in East Austin. We are partnering with Sabot Development and Cadence McShane Construction on this 363-unit, class-A apartment community in a prime East Austin Opportunity Zone.
The Goodwin will provide housing to the growing Austin population with 326 market-rate and 37 affordable housing units. Additionally, there will be 2,400 square feet of retail space aimed at providing residents and the neighborhood with access to another local restaurant or bodega. The Goodwin is located directly across the street from Springdale General, a 165,000 square foot mixed-use complex, and Springdale Green, an 875,000 square foot office that is expected to deliver in Q1 2024.
Our Progress on The Goodwin in East Austin
The Goodwin is currently under construction with an expected final completion date in Q1 2024. The first set of units are expected to deliver in Summer 2023. Construction is proceeding as planned, with work underway on the parking garage.
The Goodwin is currently under construction, with an expected completion date in Q1 2024. The first set of units is likely to deliver in Summer 2023. Construction is proceeding as planned, with work underway on the parking garage. The Geyser Group is thrilled to see the development come to fruition. Who knew dirt and cranes could make us so excited? Ultimately, Geyser aims to give East Austin residents high-quality apartment living combined with a prime location, and Goodwin will do just that. Geyser is committed to building the foundation for the future of East Austin and giving residents the experience of a lifetime. Following construction, 10% of the units will be affordable housing, with priority given to individuals who formerly lived on the 60’s building formerly on the property. As part of this project, those individuals were also offered financial literacy classes and a relocation assistance package. The Geyser Group is excited to have the opportunity to combine up-scale housing with social impact initiatives in East Austin.
The Goodwin Has Much to Offer Future Residents
A quote from Managing Director Michael Bernstein,
“We are excited about so many aspects of this project. It has a great location walkable to Springdale General, the Austin Bouldering Project, and Jay Paul Company’s transformative Springdale Green project. We will have best-in-class amenities featuring two pools, an expansive dog park, and multiple entertainment spaces. And we will be adding 37 affordable units to the area. Combining location and community is at the core of this project, and The Geyser Group cannot wait for it to come to life over the next two years.”
Check out our gallery below for a preview of what The Goodwin will look like, and stay up to date with our investment opportunities by visiting our Investor page here!
We actively seek investors to share our opportunities with and are happy to connect with you! Check out our portfolio of current developments here.