The Muse

The Muse is the multifamily component of Turnbridge’s strategy to convert what was originally the CityView apartments into a vibrant, 6.5-acre mixed-use project with retail, restaurant, office, boutique fitness, and hotel uses.  The Property is prominently situated on South Congress Avenue in Austin, TX, and is a key component to Turnbridge’s broader Music Lane development, an award-winning project that has transformed Austin’s South Congress Entertainment district into the City’s premier high-street mixed-use destination, and has achieved record-breaking top-of-market rents and values across all asset classes.  Turnbridge is planning a comprehensive value-add renovation of the Muse aimed at elevating the renter experience to the quality exhibited at other components of Music Lane.

Address
1007 South Congress Avenue
Austin, TX
Submarket
South Congress
Asset Class
Multifamily
Strategy
Land Assemblage, Placemaking
Size
190 units
200,000 sq ft
Date Acquired
February 2017
Date Sold
Currently owned by Turnbridge