South Congress Assemblage, Austin, TX

About the Property

Leifer Properties, in partnership with Intracorp Homes, recently acquired its South Congress Assemblage consisting of three prime parcels totaling approximately 3 acres. This assemblage represents a unique opportunity for large scale development in a highly sought-after location north of Oltorf Street. South Congress Ave is a vibrant and eclectic retail corridor renowned for its unique blend of shops, restaurants, and cultural attractions.

The acquisition was sourced off-market in multiple highly negotiated transactions with three separate owners over the course of two years. Leifer and Intracorp completed the final closing in January 2023, with ground breaking planned for early 2024. The planned development includes luxury residential and ground floor retail with almost a full block of South Congress Ave frontage.