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Press - 2023

Presidium Expands Austin Footprint with Presidium 183 in Highly Sought-After North Burnet-Gateway Corridor

By December 12, 2023No Comments

Presidium 183, the company’s second planned project for the immediate area, will total approximately 660 apartment units within the next three years

December 12, 2023 – Presidium, a diversified real estate development, investment and management firm, has broken ground on Presidium 183, a high-end, 395,590-square-foot residential development hosting 374 units. Nestled in North Austin’s bustling North Burnet-Gateway Corridor, it’s a stone’s throw from The Domain, Austin’s ‘second downtown’. Presidium 183 marks the firm’s second planned venture in the immediate area, totaling approximately 660 apartment units within the next three years. Presidium’s first delivery in this locale, 340-unit Presidium Waterford, is now leasing. 

“The transformation of the North Burnet-Gateway Corridor is an embodiment of innovation and growth. Our aim with Presidium 183 is to mirror this momentum and actively set new benchmarks for upscale living like we are doing here with the area’s first-of-its-kind indoor/outdoor spa and sauna,” said Cross Moceri, Presidium Co-Founder and Co-CEO. “With leasing underway at Waterford and breaking ground at 183, we will continue to reflect Austin’s pioneering spirit with more forward-thinking designs and high-caliber amenities as we expand our presence in the area.”

Presidium 183 seamlessly blends luxury and comfort, offering amenities that echo the grandeur and sophistication of a high-end hotel, thanks to Ink + Oro’s exquisite design touch. Every space is thoughtfully curated, featuring oversized, plush comforts that encapsulate the extraordinary, boutique elegance characteristic of Ink + Oro’s distinctive designs.

Presidium 183 boasts a range of luxe amenities to meet the needs of the modern professional flocking to the vibrant North Austin region. Features include an extensive fitness center with a yoga and spin studio, a sprawling zero-edge resort-style pool, a speak-easy style bar, roomy co-working lounges with private offices on various levels and a java lounge. Additional community offerings include a contemporary clubroom, an all-in-one multi-entertainment system room that doubles as a cinema theatre and golf simulator, several outdoor lounging areas with surrounding poolside cabanas and fireplaces, a fully amenitized paseo, dual Zen courtyards with fire pits, a shaded hammock grove, an outdoor game lawn, a lush dog park and spa, bike storage, EV charging stations and an onsite car wash.

“We recognize that today’s residents seek more than just a place to live, they desire a holistic experience. By integrating a rich array of amenities, we’re crafting a vibrant community where work, leisure and belonging seamlessly converge,” said Dustin Mattiza, Presidium Vice President of Development

 The 183 apartments, designed by O’Brien Architects, will offer up to 10’ ceilings, natural wood-inspired flooring, energy-efficient stainless-steel appliances, designer quartz-style countertops, a dedicated wine cooler, built-in desks and mudrooms, inset covered balconies, floor-to-ceiling showers, spacious closets with built-in cabinetry and full-size washers and dryers with trouble-free designated folding space. The community also offers 100% covered parking with select connected private garages. Additionally, Presidium 183 will incorporate smart technology features into each unit, such as keyless entry doors and Honeywell thermostats, allowing residents to control the temperature, monitor humidity and access lighting remotely from their wireless devices. 

Adjacent to Presidium Waterford, Presidium 183 will be minutes away from The Domain – a vast, modern mixed-use development that has established itself as one of the most in-demand places to live in, work and play thanks to its exceptional location and five-star amenities which include more than 700,000 square feet of luxury fashion, office and restaurant space. Located at 9127 Research Boulevard —the intersection of the MoPac Freeway (Loop 1) and Highway 183— Presidium 183 also has convenient access to downtown Austin, Austin-Bergstrom Airport, Austin FC’s Q2 Stadium and more.

Expected to be fully complete in mid-late 2025, Presidium selected Civil & Environmental Consultants as the project civil engineer and Hitchcock Design Group as the landscape architect of Presidium 183. While Presidium Waterford is currently leasing units, the project is expected to be fully complete in Fall of 2024. 

For more information, visit: www.presidiumre.com

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About Presidium:

Founded in 2003, Presidium is a Texas-based real estate developer, owner, and operator with a 20-year operating history and an existing real estate portfolio totaling approximately $2 billion AUM. We represent a spectrum of disciplines, including acquisitions, development, property management, asset management, construction, law, finance, accounting, special servicing, and public-private partnerships.  At Presidium, our mission is to craft vibrant and unique communities, deliver exceptional returns for our partners, and nurture a collaborative, supportive atmosphere for our employees. Together, we strive to make a meaningful impact on the lives we touch and the neighborhoods we enrich. For more information about Presidium, visit www.presidiumre.com.