east side lifestyle
East Austin carts out grocery store and café as part of new 6-story development
A mixed-use development featuring apartments, coworking space, a grocery store, and a café is springing up in East Austin.
Austin-based real estate developer and manager Lincoln Ventures is developing the six-story project at 2700 E. Fifth St. The yet-to-be-named development will offer a total of 625 apartments, row houses, and live/work units.
Aside from the coworking space, grocery store, and café, amenities will include two outdoor pools, a gym, a spin studio, a yoga room, a pet spa, a dog run, and a catering kitchen.
Construction is set to start in the second half of 2022, with the opening tentatively scheduled for the summer of 2024.
“As East Austin continues to grow along with the city, it’s important to tap into the lifestyle needs of the area, and this project captures that energy by providing a unique variety of environments, services, and experiences to the residents and the community,” David Kanne, CEO of Lincoln Ventures, says in a news release.
Lincoln Ventures’ partner in the East Fifth Street project is ELV Associates, a Boston-based real estate investor and manager. Chicago-based Pappageorge Haymes Partners is the architect, and Austin-based Michael Hsu Office of Architecture is the interior designer.
In Austin, Lincoln Ventures is best known for its student housing developments, including The Ruckus, The Rukus 2.0, Moontower, and Waterloo. The company recently announced 80 Rainey, a 49-story tower that will include 644 rental units, along with bars and restaurants. The Rainey Street project is set for completion in the summer of 2025.