The Lola

The Lola is the multifamily component of Turnbridge’s strategy to convert what was originally the State House apartments into a vibrant, 9.5-acre mixed-use project. Since Turnbridge’s acquisition in November 2017, the entire community has been in the process of being renovated and will feature newly-built outdoor grilling stations, multiple dog parks, a resort-style pool, and a redesigned lounge and fitness center for community gatherings. The Lola’s newly-renovated units feature brand new designer finishes, high-speed Google Fiber, Nest thermostats, and walk-in closets all within spacious floor plans.

Address
1221 South Congress Avenue
Austin, TX
Submarket
South Congress
Asset Class
Multifamily
Strategy
Land Assemblage, Placemaking
Size
244 units
219,000 square feet
Date Acquired
October 2017
Date Sold
Currently owned by Turnbridge