Developed by High Street Residential, Northshore is a 38-story, mixed-use tower consisting of predominantly for-rent luxury multifamily units on one of the last large undeveloped sites on the shores of Lady Bird Lake. Northshore consists of 439 apartment units, 24,017 square feet of boutique office space, and 28,165 square feet of retail/restaurant space to the highly successful and sought after southwest corner of downtown Austin. Located at the western end of the 2nd Street District and the eastern end of the Seaholm District, the building is situated within walking distance of the Moody Theatre (home of ACL Live), Trader Joe’s, Whole Foods, the City’s new Central Library, Austin Music Hall, the Austin Ballet, many of the City’s top restaurants. Additionally, Northshore is ideally located on the shores of Lady Bird Lake with immediate access to Austin’s famed “hike and bike trail” which sees in excess of 10,000 individual trips (biking/running/walking) per day.
Opportunity, Solutions & Outcomes
As Austin's population growth continued to swell, TCC recognized downtown's market fundamentals suggesting the ability to deliver a large, luxury multifamily development. In accordance with TCC's master development with the City of Austin, the project team worked to amenetize the project further by adding opportunities for vibrant retail at the development's base.
In February 2014, the development team commenced the fist phase of contruction, which included public streets and utlities, including the extension of both 2nd street and Nueces Street. These extensions completed the connectivity from the adjacent 2nd Street district to the new Central Library and the Seaholm District.
Northshore's first units were delivered in March 2016 and were met with significant demand from the market. The building's high-class design and extensive amenities have made it a the premier apartment building in Austin for a wide range of residents. Additionally, Northshore's commercial space quickly stabilized with leases to some of the 2nd Street District's most popular tenants.