What We Know About Velocity

Details

Address

3208 E. Highway 71, Del Valle, TX 78617

Units

295

Floors

4

Developer

Presidium Group

Property Website

velocityatx.com

About

A Class-A, multifamily development in Austin, TX, Presidium Velocity is steps from a grocery store, shops, restaurants, attainable apartments and employment opportunities - and you’ll see how Velocity brings all of this together to create an all-inclusive community. Also within 2 miles of the newly announced Tesla Gigafactory that will be creating 5,000 jobs.

The urban trifecta of live, work and play is coming to Southeast Austin. Anchored by a three and a half-acre central park, Velocity will bring commercial innovation and attainable living together in a setting that celebrates Austin’s cultural appeal.

The newly passed Project Connect program, on track to add a diverse selection of transportation options throughout the Austin MSA, has a light rail dedicated within a ten-minute walk.  Both the Red and Purple lines connect to the airport and downtown.

Additionally, Presidium Velocity incorporates mixed-use density that doesn’t cut greenery short. Pockets of green space are scattered throughout Velocity and a large park will serve as the central hub of the development.

Timeline

2021 - Ground breaking

Q2 2024 - Estimated Completion Date