Austin Developer Moving Forward on 182 Condos, Retail

Pearlstone Partners is developing the Montage, a 182-unit condominium project to be located at the southeast corner of South Lamar and Bluebonnet Lane in Austin. Summit Design Builders is the general contractor for the project. Knighthood Funding has provided $75 million in construction financing. The property, an abandoned used car lot, will be the site for a five-story development that will include 12,872 feet of retail.