Ardent Residential continues building new apartment projects in Austin, the Austin Business Journal reports.
Ardent’s projects are all over town, and they are committed to creating cool, hip projects that appeal to young buyers. They also like to preserve as many trees as possible in projects such as Groves South Lamar, located near South Lamar Boulevard and State Highway 71.
In general, Ardent likes to build projects, get them leased, and then sell the development to another company. They recently sold 7East to a company from Colorado.
Ardent’s projects are often the first of their kind in an area. Gibson Flats was the first vertical apartment community on South Lamar and Burnet Flats was the first in the Burnet Road area, which is now teaming with restaurants and nightlife.
They’ve also built apartments as far south as IH-35 and Slaughter Lane and Southwest Austin near ACC’s Pinnacle Campus. The company is always on the hunt for great parcels of land where they can build a project at their desired cost with the features they want to add. Partnering with an Austin-based architecture firm, Davies Collaborative, on many of their projects helps them get a modern vibe.