https://www.villario.com/amenities/
Look at the Villas on Rio!
The finishes and amenities on this tower are unbelievable. Meditation areas, a rooftop pool, spa, lobby bar, and indoor basketball court. The actual interior design is classy, very similar to the common areas you’d see in downtown luxury residences.
This development even has five two-story penthouses with marble counters, real hardwood, Bluetooth showers, spiral staircases, and other smart home features.
Rent prices for this category of project are likely becoming on par with some studio and one-bedroom rates of The Bowie, Northshore, etc.
With the quality of development improving in West Campus, it makes you wonder when the area will become mixed use segment wise. Someone mentioned it on another thread (I apologize, can’t remember who), but if construction is already elevated to this level of delivery, I could see student housing units partitioned with condos or apartments for young professionals, especially given some uncertainties created by Covid.
It’s a question of whether people would want to live in the same tower as students, but with the right separation, maybe you get 18-29 demographic rentals, and then 30-something “bachelor” studio or one-bedroom luxury condos. Lincoln Park in Chicago near DePaul is an interesting example. Lots of 30’s couples with young kids co-existing among college students and 20-something working professionals, at least on a neighborhood level. This is similar to some East Coast college towns as well.
Austin is clearly expanding beyond “college town” but maybe West Campus is getting dense enough where eventually it can have its own identity, with more retail and offices outside the main CBD that service a multitude of people. Think of Cornell/Ithaca as a model. The quality of development appears to be moving that way at least.