Friday, June 7, 2024
Reading Time: 3 minutesLeading luxury hospitality company Four Seasons Hotels and Resorts and Austin Capital Partners announced that Turnbridge Equities, an integrated investment and development firm managing over $4 billion in assets, has joined as a co-development partner for Four Seasons Private Residences Lake Austin. The deal was facilitated by Doug Opalka of JLL and Jason Parker of Cobalt Equities. Turnbridge’s significant investment ensures the project will begin construction this fall, with an anticipated opening in late 2027.
The new Lake Austin residential community will be distinguished by its unparalleled views, modern architecture, Lissoni-designed interiors, private waterfront access, around 100,000 square feet of private amenities, a Michelin-starred chef, and a dedicated Four Seasons staff managing every aspect of the property’s luxury services. Situated within 2,000 acres of protected land, Four Seasons Private Residences Lake Austin spans 145 acres of pristine natural landscape and boasts 3,070 linear feet of untouched waterfront. Though just 20 minutes from downtown Austin, this private enclave feels worlds apart, offering protected panoramic views of the lake, Pennybacker Bridge, PGA golf course, and downtown skyline.
Turnbridge Equities, known for executing first-class developments and having strong local ties, partnered with MSD Capital to develop Austin’s acclaimed Music Lane project on South Congress Avenue, which features first-to-market concepts such as Soho House, Equinox, Hermes, and other premier retailers.
“We look forward to working with Four Seasons Hotels and Resorts and our globally-renowned design team, in helping realize this amazing vision,” said Andrew Joblon, founder and managing principal of Turnbridge Equities. “We are diligently working to commence construction this fall.”
“We’re excited to come together with a highly-aligned partner in Andrew Joblon and Turnbridge Equities to build this one-of-a-kind community that is unique in both location and the experiences it will provide residents,” said Jonathan Coon, CEO of Austin Capital Partners. “Turnbridge was one of the first developers to recognize that Austin was ready for world-class real estate development nearly a decade ago. We look forward to working together to create a best-in-class community.”
Four Seasons Private Residences Lake Austin is poised to redefine luxury living, offering owners and their guests unparalleled five-star service and a plethora of extraordinary amenities and experiences, all curated with timeless elegance by Lissoni. The property’s four exclusive resort clubs each boast bespoke furniture crafted by the renowned brand. Despite their impressive scale, these communal areas are meticulously designed to exude an intimate ambiance and include:
In addition to these amenities, the property caters to the distinctive needs of Lake Austin and Four Seasons standalone residences with:
Sales have commenced for Four Seasons Private Residences Lake Austin, with a limited pre-construction pricing window available. Residences start at $4.6 million.
Friday, June 7, 2024
Saturday, June 8, 2024
Friday, June 7, 2024
Saturday, June 8, 2024