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Austin, TX
Lucent

Lucent is a 368-unit market rate apartment community in Austin’s growing Northeast submarket. It is less than two miles from several major employers, including Dell, Samsung North America Headquarters, General Motors, and Applied Materials. The site features easy access to major roads including Parmer Lane, Breaker Lane, I-35, and the new toll road SH-130, bringing commuters to employment and entertainment centers not only in downtown Austin, but also in northeast and northwest Austin. Residents can take advantage of the close proximity to major employers during the work week, then enjoy dining and retail at The Domain during their leisure time with just a short 10-minute drive. Lucent offers high-quality rental living with short commutes to work, live and play. Residents can enjoy community amenities including a 24-hour fitness center, resort-style pool, and an outdoor kitchenette, while their homes feature modern finishes like quartz countertops and stainless steel appliances.

Product Type
Market Rate
Building Type
Garden
Apartment Homes/Units
368
Construction Duration
23 months
Lifestyle Type
Multi Family
Status
Sold
Completion Date
10/21/2021
Our Involvement
development
construction
management
Lucent Clubhouse

We chose this location due to its proximity between the Dell and Samsung North American headquarters, while still providing a quick commute to the Domain. The property offers more affordable living without sacrificing the quality in finishes and amenities of the urban core locations.

Alastair Jenkin, Developer, The NRP Group
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