Local developer to build big in East Austin, Rainey, Mueller

February 25, 2020

Pearlstone Partners is entering East Austin’s booming office market with a proposed 103,000-square-foot building on East Fifth Street.

The Austin-based company headed by Robert Lee is co-developing the four-story office building with New York-based ATCO Properties & Management LLC. Austin architecture firm Sixthriver is designing the building. Wuest Group is the civil engineer.

Lee said he expects the building, at 2700 E. Fifth St., to break ground in the third quarter of 2020 and be complete in the first quarter of 2022.

Pearlstone Partners determined to deliver quality condos near downtown for best prices in market

November 04, 2019

Developer Robert Lee has taken full advantage of Austin’s robust growth over the past decade to build a versatile portfolio of multifamily and office/industrial projects in a range of submarkets.

But his most consuming passion is building condos for the missing middle, which he prefers to label “attainable housing.”

How these cool condos took care to fit into their East Austin neighborhood

November 05, 2019

When you have a neighborhood as cool and established as Govalle in East Austin, everyone's nightmare is that a new housing complex will come in and completely destroy the vibe. Luckily, Pearlstone Partners took care to learn about and respect the area when it built HOM

A closer look at Natiivo Austin

October 31, 2019

If you've thought about dipping your toe into the home-sharing business but feel overwhelmed by all the minutiae you'd have to manage, here's a new concept to consider.

New development in Rainey Street District involves new home-sharing concept

July 26, 2019

AUSTIN, Texas — In an already built-up area of town, the Rainey Street District can soon expect another neighbor. Construction on Natiivo Austin is set to begin in the fall. It's a hotel located at 48 East Avenue, two blocks from Rainey Street. Robert Lee, CEO of Pearlstone Partners, said it is unlike any hotel in Austin.

Austin Condo Project Scores $88M Loan

April 30, 2019

A joint venture between Pearlstone Partners and Newgard Development Group has secured an $87.9 million construction loan for the development of a 33-story, 249-unit condo project in downtown Austin. 3650 REIT originated the single-source stretch senior loan, which will allow construction to start by the end of June.

Modern new condos spring up near all the best that downtown Austin offers

June 07, 2018

Imagine living in a unique, thriving neighborhood that's close to some of the best Austin has to offer — and with a price point that's affordable to everyone from first-time buyers to empty-nesters looking to downsize. 

Located on one of Austin's most iconic streets, Manor Road, and starting in the low $200s, EastGate blends East Austin cool with a one-of-a-kind lifestyle.

Designed To Share: Airbnb-Backed Developer Is Building Condos Made For Home Sharing

June 18, 2019

Miami-based real estate developer Newgard Development Group announced Tuesday that it will open condominium towers purpose-built for home-sharing. Operated under the brand Natiivo, the properties in Miami and Austin will be part of Powered by Airbnb...

Gaze out over the 5 best rooftop views of downtown Austin

January 22, 2019

When seeking out your ideal next home, amenities are key. EastGate condominiums not only showcase 17 unique and luxurious floorplans, but the community also features a killer location, coveted amenities, and affordable prices for its residents.

Pearlstone Partners emerges as a new brand in the Austin real estate landscape

January 08, 2019

AUSTIN, Texas – January 8, 2019  Land Development and Construction, LLC. (LD&C), a longtime Austin commercial real estate development company proudly announces it is becoming Pearlstone Partners.  The new brand name is a strategic move to align the company’s market vision with growth opportunities.

Meet Austin’s infill infiltrator with a track record of picking trendy sites

August 12, 2016

Veteran Austin developer Robert Lee has spent his professional life building difficult infill projects, which have become even harder to pull off locally as land prices and development costs skyrocket.

But still he persists — 

Lee ready to tackle Rainey tower

July 04, 2014

Austin developer Robert Lee is gaining momentum in the hot infill business and is about to embark on his most ambitious project yet — a $100 million, 35-story apartment complex that will be built around the corner from SkyHouse Austin, the glitzy new apartment complex recently completed by Atlanta-based Novare Group in the Rainey Street District.

New townhomes with funky vibe pop up in South Austin

October 09, 2015

It's not often that a property pops up on the market with a perfect balance of old and new Austin. Introducing 2002 Glen Allen St., a luxury townhome project off of Manchaca Road that perfectly blends classic 78704 living with modern flair.

Austin developer wraps up sleek new townhouses in South Austin

September 28, 2015

Infill residential projects are some of the most challenging for developers, but that doesn't deter Austin developer Robert Lee. His company Land Development and Construction LLC just finished eight units at 2002 Glen Allen St. near the Broken Spoke dance hall on South Lamar Boulevard.

Developer Robert Lee adds contracting to LD&C’s portfolio

April 17, 2015

Austin developer Robert Lee has never built his business in a typical fashion and he’s not changing focus now. 

Robert Lee is ready to hit radar screens

March 22, 2013

Robert Lee is a rarity in the Austin real estate community. One of a few local Chinese developers, Lee has maintained a low profile building mostly small multifamily projects such as duplexes and houses with garage apartments. 

New apartment complex in works in West Campus

September 24, 2012

More student housing is on the way for the West Campus area, with the latest project a $26 million upscale apartment complex in the works at 21st and Pearl streets.

Chinese American Investors Announce Largest Multi-Family Project in Austin West Campus Area

June 12, 2012

Robert Lee, principal of LD&C, has brought together several Chinese American investors to fund this $26 million commercial high-rise student housing project. This is the largest privately funded Asian commercial real estate project to date in Austin.

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