The city council recently backed a local developer’s plan to claim a tax credit for an apartment project.


Function illustration: Artist’s rendering of the apartment layout proposed by Three-bar architecture.

Published: 02/15/2022

by Art Benavidez

Austin (Travis County) — The city council recently supported a local promoter’s plan to claim a tax credit for an apartment project.

The council approved a resolution on February 4 in favor of the project which will be located at 10010 North Capital of Texas Highway.

The 1.71 acre (74,607 sq ft) property is located in the northern part of town.

The property is currently being developed with the idle 7,313 square foot North Austin brewery and restaurant from north to northwestwhich was built in 1998.

VBX last reported on the project in August when O-SDA Industries LLCthe developer, said the existing commercial structure will have to be demolished to make way for a new project.

O-SDA Industries LLC has notified the city of its intention to claim a 9% housing tax credit from the Texas Department of Housing and Community Affairs.

The name of the $35.5 million project is North season with site work, construction costs and contractor fees projected at $19.1 million. North Season, LLC is the special purpose entity created by O-SDA Industries LLC for this project.

Building elevation.

According to O-SDA Industries LLC, Saison North will pay homage to the old brewery through the reuse of building materials and its design.

Units will feature high-efficiency appliances and lighting, solid surface countertops and flooring, and be cable, internet, and phone ready.

Community facilities will include a fully furnished clubhouse with a community hall, swimming pool, business center, rental center, fitness center and bicycle parking.

The site offers 150 residence-apartments. The mix of units will include 65 one-bedroom projects, 55 two-bedroom projects and 30 three-bedroom projects.

Eligible tenants will show incomes of 30%, 50% and 60% of the region’s Median Family Income (MFI), with 45 units having no restrictions.

Based in Austin Three-bar architecturedirected by Paul Millerand the Austin office of Kimley Horndirected by ryan taylorare on board the project.

VBX Project ID: 2021-5868

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