Austin, Texas, January 17, 2026
The Belvedere, a new luxury condominium in downtown Austin, is set to redefine urban living with 158 residences and premium amenities. This project, developed by Pearlstone Partners, aims to foster community and economic growth, featuring a three-acre park backed by a significant construction loan. Scheduled for completion in August 2027, The Belvedere is anticipated to attract a diverse range of residents and enhance the local real estate market.
The Belvedere: A New Luxury Beacon in Downtown Austin
Austin’s Luxury Condominium Project Set to Transform Urban Living
Austin, Texas – The city’s skyline is poised for a significant enhancement with the introduction of The Belvedere, a luxury condominium development spearheaded by Pearlstone Partners. Set to redefine urban living, this project broke ground on March 25, 2025, and is slated for completion in August 2027. With a focus on high-end residences and community-centric amenities, The Belvedere represents the entrepreneurial spirit thriving in Austin’s booming real estate sector.
As Austin continues to attract business and professionals from around the country, the need for high-quality, luxury living spaces is palpable. The Belvedere will provide 158 residences, catering to diverse lifestyles and contributing positively to local economy and community vibrancy. Pearlstone Partners’ design-driven approach is reminiscent of their successful portfolio, which showcases innovation while enhancing Austin’s urban landscape.
A Closer Look at The Belvedere
Located at 300 Pressler Street, The Belvedere encompasses 299,373 square feet of residential and commercial space. The development features a mix of one- to three-bedroom units priced between $800,000 and $3 million. Such diverse pricing allows for a broad range of prospective buyers, fostering a dynamic community within the luxury sector.
Amenities That Elevate Living
The Belvedere aims to elevate the standard of living with premium amenities including:
- Lap pool and resort-style pool
- On-site restaurant
- Fitness studios
- Pet lounge and grooming station
- Theater room
These features not only enhance the living experience for residents but also foster a sense of community, promoting greater interaction and engagement among neighbors.
Park Development Initiative
Backing this ambitious condominium project is a $154.5 million construction loan from Benefit Street Partners. This funding will support the creation of a three-acre park adjacent to The Belvedere, which will include upgraded sidewalks, new bikeways, and enhanced access to the Ann and Roy Butler Hike-and-Bike Trail. This initiative represents a thoughtful investment in green space that aligns with Austin’s commitment to sustainability and outdoor recreation.
Pearlstone Partners: A Legacy of Excellence
Pearlstone Partners is known for their design-centric developments and boasts a project portfolio nearing $1 billion. Their previous successes, such as The Quincy and The Bowie, highlight their ability to blend luxury living with thoughtful community spaces. The Belvedere is a testament to their continued dedication to innovation and quality in real estate development.
The Future of Downtown Austin
The Belvedere’s strategic location and luxury offerings are anticipated to attract a diverse range of residents. This project not only reflects the growing demand for upscale living in Austin but also contributes to the overall economic growth of the region. By supporting local entrepreneurs and investing in infrastructure, Austin is forging a bright future that balances growth and quality of life.
Key Takeaways
The Belvedere is more than just a luxury condominium; it represents a pivotal development within the Austin real estate landscape, exemplifying how reduced regulation and proactive urban planning can enhance community resilience and economic vitality. As the project progresses, it will be essential for community members to stay engaged and support initiatives that foster sustainable growth and innovation in Austin.
Frequently Asked Questions
- What is The Belvedere?
- The Belvedere is a luxury condominium project developed by Pearlstone Partners, located at 300 Pressler Street in downtown Austin, Texas. It features 158 residences ranging from one- to three-bedroom units, with prices between $800,000 and $3 million. Amenities include a lap pool, resort-style pool, on-site restaurant, fitness studios, pet lounge, grooming station, and a theater room. The development is slated for completion in August 2027.
- What is the size and scope of The Belvedere?
- The Belvedere spans 299,373 square feet of residential and commercial space. The project also includes a $154.5 million construction loan from Benefit Street Partners, which will fund the development of a three-acre park on the property. This green space will feature upgraded sidewalks, new bikeways, and improved public access to the Ann and Roy Butler Hike-and-Bike Trail.
- What other projects has Pearlstone Partners completed?
- Pearlstone Partners has a portfolio nearing $1 billion and has previously completed projects such as The Quincy, a 30-floor residential high-rise, and The Bowie, a 36-floor mixed-use high-rise near the flagship store of Whole Foods Market.
- When is The Belvedere expected to be completed?
- The Belvedere is slated for completion in August 2027.
- What amenities will The Belvedere offer?
- The Belvedere will offer amenities including a lap pool, resort-style pool, on-site restaurant, fitness studios, pet lounge, grooming station, and a theater room.
| Feature | Details |
|---|---|
| Project Name | The Belvedere |
| Developer | Pearlstone Partners |
| Location | 300 Pressler Street, Austin, Texas |
| Completion Date | August 2027 |
| Number of Residences | 158 |
| Unit Sizes | One- to three-bedroom units |
| Price Range | $800,000 to $3 million |
| Amenities | Lap pool, resort-style pool, on-site restaurant, fitness studios, pet lounge, grooming station, theater room |
| Construction Loan | $154.5 million from Benefit Street Partners |
| Park Development | Three-acre park with upgraded sidewalks, new bikeways, and improved public access to the Ann and Roy Butler Hike-and-Bike Trail |
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