Apple-Inspired Modular Apartments Break Ground in East Austin
https://austin.towers.net/apple-insp...n-east-austin/
Juno, a Silicon Valley real estate startup dedicated to the modular production of multifamily housing from the engineered wood material known as mass timber, has reportedly broken ground on its first project in East Austin. This five-story, 24-unit apartment community with ground-level retail space will rise on an extremely narrow 0.17-acre site at the northwest corner of East Fourth and Comal Streets, placing it inside the Transit-Oriented Development district surrounding the Plaza Saltillo MetroRail station and sharing an intersection with the Foundry I and II office and residential buildings by Cielo Property Group. The project complies with the area’s S.M.A.R.T. Housing standards and will receive a waiver of certain development fees by offering 17 percent of its residential units for households earning at or below 50 percent of the region’s median family income — which translates to four residences in the building available to individuals making less than $34,650 per year or a family of four making less than $49,450. Thanks to the Saltillo TOD district, the building appears to be adding no additional parking