AUSTIN – Pearlstone Partners has broken ground on Montage, a 182-unit condominium project at 2323 S. Lamar Blvd.
The four-story property will have studio and one- and two-bedroom floor plans, as well as more than 6,000 sf of ground-floor retail space.
The project will include 18 studios designated for individuals who earn 80 percent or less of the area median income.
Knighthead Funding provided a $75 million construction loan for the project.
STG Design is the architect with Summit Design serving as general contractor.