Landmark Double Creek apartments sold to Toronto buyer

May 21, 2014
Austin Business Journal

The recently finished Landmark Double Creek apartments at Onion Creek Parkway in South Austin have been sold to Toronto-based Bass Enterprises, according to Multi Housing News, a trade publication covering residential multifamily development

Bass Enterprises acquired the apartments from Austin-based developer Ogden Hughes LLC, represented by Pat Jones, for an undisclosed price, according to the report. Ogden Hughes first broke ground on the apartment community in 2011, and owns 10 other apartment properties in Texas, with more under construction

Another big Canadian developer, Walton Development and Management is preparing to make a big splash in Central Texas, with seven master-planned communities in the pipeline in Central Texas, following years of researching the market and building relationships with consultants and government officials

The 293 unit Landmark Double Creek property was built-out in June 2013, and a 276-unit phase two is planned to begin construction this year, according to the report

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