By LYNETTE HAALAND, Four Points News
Construction is nearing completion at The Reserve at Lake Austin as its first residents are several months away from moving in.
“It is coming along and looking great,” said Jon Erickson, tract co-owner and strategic investment partner at HPI Real Estate Services & Investments. He’s also a Steiner Ranch resident.
“We are on track to start moving residents into the building in May,” Erickson said. “We have received over 50 deposits and look forward to opening the nicest senior living community in Austin before summer.”
The 108,000-square-foot community will feature 120 apartments: 26 memory care and 94 assisted living.
The senior living community at 6401 RM 2222 is down Tumbleweed Hill at City Park Road.
The 45-acre site, formerly known as Champion Tract 3, is adjacent to Lake Austin, close to the Pennybacker Bridge, near Austin Country Club, and has views of downtown Austin and the surrounding greenscape.
In the fall of 2020, site developers donated 34 acres for the Carol Lee Preserve, which will be dedicated at a later date. Carol Lee, who lived in the nearby neighborhood and was an advocate for her community, passed away from cancer in 2018.
The Reserve at Lake Austin sits on the remaining 11 acres. Construction started in February 2020, more than a year after the property purchase.