$53 million mixed-use development pulls into trendy Austin neighborhood

Construction will get underway this spring on a mixed-use project in East Austin that’ll be anchored by 200 condos.

Condos in the six-story Parkside at Mueller project will be a mix of studio, one-, two-, and three-bedroom units measuring 600 to 1,600 square feet. Thirty of the condos will be set aside for families who earn up to 80 percent of Austin’s median family income. 

Austin-based Pearlstone Partners and New York City-based ATCO Properties and Management are developing Parkside on a 1.8-acre parcel at 1701 Simond Ave., near Aldrich Street and Mueller Boulevard. Aside from the 200 condos, the 225,000-square-foot project will feature eight ground-floor offices and 5,000 square feet of retail space. The $53 million project is scheduled for completion in mid-2023.

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