A joint venture of CP Capital, a highly disciplined U.S. real estate manager specializing in multifamily investments, and ZOM Living, a leading luxury multifamily developer in the United States, will be developing Azola Avery Centre, a 359-unit, garden-style multifamily apartment community in Round Rock, Texas.
The three-story, ground-up, surface-parked complex will include a mix of studio, one-, two-, and three-bedroom apartments featuring Class-A interior finishes. Building amenities will include a vast clubhouse complete with a game room, co-working space and resident lounge, demonstration kitchen, fitness center and pet spa. It will also feature a resort-style swimming pool and deck with cabanas, barbecue grills, outdoor kitchen area, and a fire pit. Outdoor amenities will include a yoga lawn, large dog park, onsite pocket parks and tuck under garages.
The project is expected to break ground in January 2023. First units are expected in 2Q 2024, with construction expected to be completed in 2025.
Azola Avery Centre will be a part of The Avery Centre, a 1,200-acre, master-planned community just outside of Austin in Round Rock, Texas. The Avery Centre is currently home to Texas State University Round Rock, Austin Community College, Texas A&M University Health Science Center, and Ascension Seton Williamson Hospital.
A quick commute to many of North Austin’s largest employers including Dell World Headquarters, Apple, Samsung, and Hewlett Packard, Azola Avery Centre is perfectly situated for working professionals near Austin. Residents will also benefit from its proximity to the Domain, an expansive, mixed-use development with premier dining, retail and entertainment options including Topgolf, multiple breweries, and the Austin FC’ Stadium. The Domain is also home to globally recognized employers including Indeed, Oracle, IBM, Amazon, and Cisco.
