Exciting New Condo Development Set to Transform South Congress

Big news for Austin's real estate scene—Intracorp Homes has just released fresh details about their latest project, a dynamic condo development poised to make its mark on the vibrant South Congress Avenue. Known for their significant presence in the city’s condo market, Intracorp had previously kept the cards close to their chest as they navigated the planning phases. Now, they're ready to share what’s coming.

Introducing Leland South Congress Situated over approximately 3 acres at the nexus of South Congress Avenue and Live Oak Street, the Leland South Congress development promises to elevate the local living experience. Spanning four lots, this ambitious project will feature a seven-story building housing 270 condos. Prospective residents can look forward to a variety of layouts ranging from cozy studios to expansive three-bedroom units and even luxurious penthouses, with sizes from 500 to about 3,000 square feet.

A Blend of Residential and Retail The structure’s design incorporates roughly 600,000 square feet of space, with the ground level offering 23,000 square feet dedicated to retail and restaurants. While no leases have been signed yet, the buzz around potential tenants is growing, hinting at exciting dining and shopping options to come.

Pricing and Market Fit For those interested in calling this place home, condo reservations are set to open later this month. Entry-level pricing for the condos begins at around $500,000, with penthouses climbing to about $2 million. Positioned in the 78704 ZIP code—one of Austin's priciest areas—the development reflects the upscale market, promising an elegant urban lifestyle.

What’s Next? Construction is anticipated to span two years, though the start date is still up in the air. The project will involve significant changes, including the demolition of existing structures such as a former gas station and a large nursing and rehab center. Intracorp has enlisted a suite of expert collaborators: Kirksey Architecture leads the architectural design, with Nudge Design on landscape, and the interiors crafted by the renowned Michael Hsu Office of Architecture.

Why It Matters Leland South Congress isn’t just a building; it’s set to be a cornerstone of community and lifestyle in South Congress, known for its eclectic and lively atmosphere. As the area continues to attract development, including projects by Endeavor Real Estate Group and New York-based The Related Cos., South Congress is cementing its reputation as a hotspot for both residential and commercial growth.

Intracorp's track record, including the successful 44 East Ave tower and the ongoing Congress Lofts at St. Elmo project, builds confidence that Leland South Congress will be another standout addition to Austin's skyline.

Stay Tuned As this development progresses, we'll keep you updated with the latest information. If you’re intrigued by the potential of Leland South Congress or have questions about how this could impact your property plans, feel free to reach out. We’re here to help you stay informed and make the best decisions in Austin’s lively real estate market.