Four Seasons Hotels Sets Sights To Build On Lake Austin

Cedar Park, Texas – Four Seasons Hotels and Resorts and its partners have set their sights on building a 179-unit residential property located off Lake Austin in West Austin.

The resort announced Monday that the property will be called Four Seasons Private Residences Lake Austin. The 145-acre private community will be located on Bridge Point Parkway west of Loop 360 and the Pennybacker Bridge.

Business is expected to begin in 2023 and open in 2025, according to a fact sheet provided by the resort, Austin Capital Partners and real estate investment firm Heinz.

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The community will feature 18 buildings, each 45 feet higher than the hilltop, and 179 residential spaces priced at $4 million and up.

Residential spaces range from 1,900 square feet of residential units, four bedrooms of 7,000 square feet and penthouses of 3,000 square feet with 40-foot swimming pools.

The property will include amenities such as a private marina, lake club, covered garden, fitness center, spa, 300-foot infinity pool, theater, private restaurant, nature trails, and private garden.

(Photo courtesy of DBOX for Austin Capital Partners)

Officials said the property would be the first of its kind in Texas and the company’s fifth worldwide location. Pre-sale units began this fall.

“Our plan—supported by our neighbors and approved by the city—includes secure, accessible parking for the view and the cliff,” said John Davison, CEO of Four Seasons Hotels and Resorts. “In addition to donating half of our lakefront property to the city, we will continue to invest in responsible green space development—creating the first new park on Lake Austin in decades.”

The Four Seasons designates 1,466 feet of cliff area on the property as a public overlook and park overlooking Lake Austin, the Pennebaker Bridge, the Austin Country Club golf course and the downtown Austin skyline, according to the company’s environmental stewardship sheet.

The company will also fund the construction of 25 free parking spaces to access the view. Four Seasons has agreed to protect 75 percent of the heritage trees throughout the site and will designate 90 acres of the property to be protected with green space and gardens.

In addition, the hotel and resort company will employ Dark Sky Design Guidelines On the property is considering a solar path for all buildings.

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