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Real Estate Forward

Natiivo Austin

Austin, Texas

Natiivo offers affordable luxury living in the capital’s downtown area, situated in the Rainey Street District.

LEAD ATTORNEY:

OTHER TEAM MEMBERS:

STATUS:
Completed in Fall 2021

OTHER INFORMATION:
pearlstonepartners.com/projects/natiivo-austin

Winstead counseled real estate developers Pearlstone Partners regarding Natiivo, a project in Austin, Texas. Natiivo offers affordable luxury living in the capital’s downtown area, situated in the Rainey Street District. With over 210,000 square feet, Natiivo has over 33 floors and houses 249 units, including studios, one-bedroom, and two-bedroom homes. Among the development’s many amenities are a rooftop swimming pool, fitness center, co-working space, and dog park. The project broke ground in August 2019 and was completed in the fall of 2021. Natiivo is a for-sale condominium project that provides an optional rental program.

Natiivo includes:

  • 249 units
  • 24-hour concierge
  • Rooftop pool
  • Fitness center
  • Valet parking
  • Dog park
  • Co-working space

For this project, Winstead’s team worked with Pearlstone Partners to structure the project. Additionally, our attorneys leveraged their experience to counsel Pearlstone regarding several matters related to the development, including financing, administration of the condominium project during development and sell-out, and closing of condominium units.