Gables Park Plaza – located just south of Spring Condos and wedged between Lamar and Cesar Chavez – has begun pre-leasing. With it’s completion, this is the last of the downtown Austin apartment complexes resulting from real estate boom of 2007. This location will appeal to many of the same people who are attracted to Bridges On The Park: families with dogs, those who regularly utilize the trails, and want to live near downtown but not IN downtown.

The exterior design is predictably Gables and intended for a wide audience. It’s just fine, if a bit antiseptic. I’ll have an opportunity to preview the interior finishes within a couple of weeks. Amenities will include a roof-top pool, iPod docking stations, solar shades on all windows, and bamboo floors. Expect retail on the ground floor.
Below is a schedule of completion dates (a close proxy for move-in readiness).
1st floor: Phase A ready on November 8, 2009, Phase B ready on November 22, 2009.
2nd floor: Phase A ready on December 8, 2009, Phase B ready on December 22, 2009
3rd floor: Phase A ready on January 8, 2010, Phase B ready on January 22, 2010
etc, up to the 8th floor.
1bd/1ba units range from $1,395-3,000. 2bd/2ba units range from $2,275-3,600. The B5 2bd/2.5ba – the 1859sf unit with the rounded windows and faces south (shown above) – starts at $3,575. Gables Park Plaza is offering two months free (upfront) for leases entered into during construction. Their website is www.gables.com/parkplaza.
A complete brochure of floor plans and current pricing can be downloaded here (pdf). Feel free to contact me with questions.
-Jude
UPDATE 10/09/09 – MORE PHOTOS after the jump




