Rising High: Luminary Tower Set to Illuminate Downtown Austin with Luxury Living
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Austin is on the brink of welcoming a new landmark to its downtown skyline.
A 35-story condominium tower, named Luminary, is poised to grace the northwest corner of 14th St. and Guadalupe, just a short walk from the State Capitol. This development is the latest project by Northland Living, part of the Canadian-based Northland Properties Corp., known for their mixed-use communities in Cedar Park and Dallas.
Luminary is Set to Feature 286 Luxury Condos
Along with 4,800 square feet of retail space on the ground floor, potentially housing a new restaurant favorite. Additionally, the tower will include 10,000 square feet of office space, earmarked for the Combined Law Enforcement Associations of Texas (CLEAT), the current occupants of the site. Residents can look forward to a range of amenities, including a 6.5-level parking structure, a swimming pool, fitness facilities, and ample indoor and outdoor communal spaces.
Northland's president and COO, Tony Kaleel, expressed the company's vision for Luminary, emphasizing the aim to blend timeless design with the existing charm and character of downtown Austin. Standing at an anticipated height of 400 feet, Luminary is expected to be one of the tallest buildings in its vicinity, offering a new perspective on downtown living.
Pricing
Pricing for the condos will start at approximately $600,000, with some units exceeding $3 million, though a selection will be available for under one million dollars. This pricing strategy addresses a growing need for more accessible housing options in downtown Austin, catering to a diverse range of buyers including young professionals, empty nesters, and those seeking a second residence or a convenient home base in the city.
Kevin Burns, founder and CEO of Urbanspace LLP, the company overseeing marketing and sales for Luminary, highlighted the project's contribution to providing attainable homeownership opportunities in the heart of Austin. He pointed out the particular appeal of these new homes to a demographic looking to immerse themselves in the energy of urban living.
Timeline
Construction and sales for Luminary are slated to begin in early 2025, with the first homes expected to be ready by 2028. For those interested in learning more about this upcoming addition to Austin's architectural landscape, further information can be found at the Luminary website.
"This development signifies not just the growth of Austin's physical landscape, but also the evolving dynamics of downtown living, blending luxury, convenience, and the vibrant culture of the city."
Luminary stands as a beacon of what's to come, promising a future where residential elegance meets the bustling life of downtown Austin.
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