AUSTIN, TX – Greystar Real Estate Partners, a global leader in the investment, development, and management of real estate, including rental housing, logistics and life sciences, announced that The Prado has begun accepting pre-leases with first units available for go-ins this summer.
“The Prado is a uniquely sophisticated community located in a growing area of East Austin,” Alex Perkins, Director, Development, Greystar, said. “Designed in the style of a Texas ranch house, the community offers a sanctuary away from the hustle and bustle, while still being convenient to east Austin and downtown. The Prado will be the marquee apartment community circa the Tesla Gigafactory, offering an unmatched living experience for anyone looking to live in the growing Del Valle neighborhood.”
The community will have 396 units upon final completion with first units delivering in summer 2024. Floorplans will be available in studio, one-, two- and three-bedroom layouts. Residences will include warm oak-style flooring, designer lighting and quartz countertops. Select homes will have an individual yard or balcony to extend the living space outdoors.
The Prado was thoughtfully designed by Meeks + Partners, with the Michael Hsu Office of Architecture designing the interiors and TBG Partners making a landscape that blends in with southeast Austin’s natural beauty. The community amenities are functional and inventive. The library-adorned clubhouse has ample co-working space. A pickleball court headlines the outdoor amenities that also include a resort-style pool, outdoor grills, an outdoor pizza oven, a dog park and an expansive picnic area.
The community’s location is not only convenient to downtown but is less than two miles from Tesla’s Gigafactory. The Prado is close to a variety of dining options that include Radio Coffee, Veracruz Tacos, Pinthouse Pizza and more. Recreational opportunities abound with the Hornsby Bend Bird Observatory, Colorado River Park Wildlife Sanctuary, McKinney Falls State Park, Southern Walnut Creek Trail, Ladybird Lake and The Circuit of the Americas. Plans for an HEB less than a mile away have been announced and Uncommon Objects and Music Lane are two shopping options.

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TAMPA, FL – Suffolk, one of the largest and most innovative construction enterprises in the country, announced it is partnering with developer Darryl Shaw and KETTLER on the construction of Gasworx, a vibrant mixed-use development in Tampa s Ybor City that will build on Ybor s rich history to make a new urban neighborhood at the crossroads of culture, tradition and community.
The district, which will include up to 5,000 modern residences, 500,000-square-feet of cutting-edge office space and 140,000-square-feet of carefully curated retail space, promises to deliver sophisticated living and working spaces for Ybor City visitors and residents alike.
Suffolk is honored to work with Darryl Shaw and KETTLER on this incredible Gasworx project in Ybor City, a unique community driven by arts, culture and history, that continues to attract residents, businesses and visitors because of its high quality of life, said James Scarpace, General Manager of Suffolk in Tampa. Our wealth of experience and strong and diverse project portfolio in Tampa, appreciation and track record for delivering historic renovation projects, and use of sophisticated technologies and processes will allow us to deliver a seamless and successful project that will make Shaw, KETTLER and the Ybor City community proud.
Suffolk will deliver multiple projects within the Gasworx development; a newly constructed 100-000-square-foot office building, and a more than 500 space above-grade parking structure wrapped with a five-tale residential building. Shaw, Suffolk and KETTLER are committed to meaningfully engaging with the local community throughout the duration of the project, aiming to honor the neighborhood s rich culture and history while providing a platform for the community to evolve into a sophisticated destination of the future. The project is set to break ground this summer.
Suffolk is an innovative industry leader well-established in its core competency of construction management while also providing vertical service lines such as real estate development funding, self-perform, technology R&D and investment, and design-help. Gasworx will add to Suffolk s impressive portfolio in Florida, which includes signature projects such as The Residences at 400 Central in St. Petersburg, The Seminole Hard Rock Hotel & Casino in Hollywood, The Ritz-Carlton Residences in Naples, and 1991 Main Street in Sarasota. This diverse and impressive portfolio demonstrates Suffolk s expertise leveraging innovative technologies and sustainable solutions to deliver cutting-edge projects across every major industry sector.

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CASA GRANDE, AZ – Lincoln Avenue Communities (LAC), a mission-driven acquirer and developer of affordable housing, broke ground on the future site of Cottonwood Ranch during a ceremony with LAC leaders, local policymakers and partners. Cottonwood Ranch will provide 300 affordable housing units to individuals and families in Pinal County earning less than 50% and 60% of the Area Median Income.
“Lincoln Avenue Communities is proud to start construction on our first ground-up development in Arizona,” said Jeremy Bronfman, founder and CEO of LAC. “Once completed, Cottonwood Ranch will provide affordable, high-quality housing to renters facing increasing costs in the rapidly growing Phoenix metropolitan area.”
The property will include 2, 3, and 4-bedroom layouts, with all units expected to be completed in late 2025. LAC and its partner Fairview Housing Partners will provide resident services at the property, helping families connect with local organizations and access supportive resources in their community.
“The city of Casa Grande is excited to partner with Lincoln Avenue Communities to bring much-needed housing to our growing community,” said Casa Grande Mayor Craig McFarland. “These apartments will provide safe, quality housing for our young families, schoolteachers, police officers, firefighters, and the workforce of our new industries.”
Cottonwood Ranch will offer amenities including a fitness center, pool, yoga studio, clubhouse and dog park. The property will also include a rooftop and carport solar system that will offset 70% of the community’s electricity usage.
“LAC is committed to making innovative housing solutions for residents that ensure the resiliency of the communities they live in,” said Ben Taylor, LAC vice president and project partner. “We’re especially excited that Cottonwood Ranch will feature an innovative solar energy system that will benefit generations of Arizonan families.”
The project was financed through Multifamily Housing Revenue Bonds from The Arizona Industrial Development Authority; a HOME loan from the Arizona Department of Housing; Federal Low-Income Housing Tax Credits, provided by the Arizona Department of Housing, along with Solar Tax Credits, which were bought by Bank of America; a tax-exempt loan from Freddie Mac serviced by Greystone; land acquisition financing by NewWest Capital; and construction financing also provided by Bank of America.

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