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JLL Secured Financing for 338-unit Lirica East Austin in Central Austin

JLL Capital Markets announced that it has arranged the construction financing for Lirica East Austin, a unique, five-story, 338-unit, Class A multi-housing development located in Central East Austin.

JLL worked on behalf of the borrower, Central Southwest Texas Development, LLC DBA CSW Development, and the equity partner, Blueprint Local, to secure the loan.

With an anticipated completion of Q1 2026, the property will feature studio, one-, two- and three-bedroom units with an average size of 799 square feet. Community amenities will include a swimming pool and cabanas, a club room and deck arena, a two-story fitness center, a leasing center, a coworking space, a fifth-floor sky lounge overlooking the Austin Downtown skyline, an outdoor courtyard and a dog park area. Lirica East Austin will also offer a 496-space parking garage and a 0.25-acre pocket park.