Monday, May 17, 2010

The Austonian




Thanks to Terry Mitchell, President of Momark Development we had an all access VIP tour of The Austonian. This is the crib of all cribs...They are marketing convenience, luxury, exclusivity and privacy. These pictures are worth a 1000 words.

There are 168 units and the smallest unit is 1225 sq. ft. ranging in price from $500-$1000 psf. with an average sale price of $1.5 million.  The association dues are $.61 psf but it includes water, AC and all services and amenities of the building.

The first person is scheduled to move in on June 7th.  It's clientele is said to attract certain football coaches from a certain university in Austin but his name was not disclosed.  Upon my graduation from UTA and within a short time thereafter, I will be moving into the Austonian.    

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