Tag Archives: Austin Apartments

Apartment developer sweet on Austin

Colonial Grand at Wells Branch — This North Austin apartment complex was the latest to be bought by Colonial Properties Trust. The company owns about 3,450 local units spread out over 10 complexes.

A Birmingham, Alabama based real estate investment trust has begun building a large, Class A apartment complex at 11001 S. First St. about a mile from I-35 near downtown Austin. The Colonial Grand at Double Creek — a $31.7 million, 18-building complex by Colonial Properties Trust Inc. — is expected to be completed by the third quarter of …

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