Waterstone is Underway!

I was reading the Austin Business Journal Wednesday, and came across an article I wanted to share with you. It’s an update on the Waterstone condos to be built within the Waterford on Lake Travis community…

Ground Breaks on Lakefront Condos

Construction has begun on Waterstone, a $27 million previously announced condo project on Lake Travis.

The 71-unit development is within the master-planned Waterford on Lake Travis community off Lohman's Ford Road in Lago Vista. Dallas-based Winston Capital Corp. is leading development of the project with equity partner Realty Capital Partners.

Designed by the architectural firm of PageSoutherlandPage LLP, Waterstone will feature two- and three-bedroom condominium homes ranging in size from 1,400 to 1,800 square feet. The units are priced from $400,000 to $600,000.

"We are fortunate to be situated on one of the prime locations on Lake Travis," says Richard Barge, president of Winston Capital. He says the project will allow homeowners to experience lakeside living at a fraction of the cost of single-family homes in the area.

Austin Business Journal, 09-26-07