I-526s Approved

Aspen Heights Downtown

The property is ideally located within a few blocks of Austin’s robust Central Business District, the Texas State Capitol Building, and the campus of the University of Texas at Austin.

  • 22 stories
  • 200 luxury apartments
  • In the heart of Downtown Austin
  • America’s fastest growing city

Where the CBD was formerly defined by office properties that were active only in the daytime, the urban neighborhood is undergoing a renaissance in which more continuous living, dining, shopping and recreational activities are supported by the city’s public transport infrastructure.

  • Luxury living
  • Premier amenities
  • Panoramic views
  • Easy access to landmark attractions and natural beauty

In addition to the thriving business district with its growing residential population, the location of the property will afford its residents quick and easy access to many of Austin’s natural amenities – Republic Square Park, Lady Bird Lake, the Austin Hike & Bike Trail, Barton Creek, Lake Austin, and numerous greenbelts.

In 2016, for the fifth time in six years, Forbes Magazine ranked Austin as America’s fastest growing city. Forbes also put Austin top of its list of U.S. cities with “the best chance to prosper in the coming decade.”

Over 48% of Austin’s population is within the prime renter’s age segment of 18-34 years of age (more than twice the national average of 21%). With strong demand from an increasing residential and professional population, rental rates in Austin have been on the rise continuously for the past five years.

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Map

Aspen Heights Downtown

Construction Status

This project has been completed successfully. It created more jobs than were originally estimated in the project’s Economic Impact Report and provided a jobs cushion for our EB-5 investors of 142%.

The project was called out in October 2016 by the Chairman of the Homeland Security Committee in his keynote address to the IIUSA annual conference in Los Angeles to illustrate how successful the EB-5 program can be, as described here.

 

Are you an accredited investor?

The EB-5 opportunities offered by Texas Growth Fund are open only to “accredited investors” as defined by United States securities law.

An accredited investor must have one of the following:

  1. NET WORTH (or joint net worth with the investor's spouse) of at least $1,000,000 (excluding the value of investor’s primary residence).
  2. ANNUAL GROSS INCOME in each of the last two years of at least $200,000, and expected gross income in the current year of at least $200,000 (or joint annual gross income with spouse of $300,000).

THIS DOCUMENT IS NOT AN OFFER TO SELL SECURITIES OR THE SOLICITATION OF AN OFFER TO PURCHASE SECURITIES BY TEXAS GROWTH FUND OR ANYONE ELSE ACTING ON ITS BEHALF. ANY OFFER OF SECURITIES IN THIS PROJECT MAY BE MADE ONLY TO QUALIFIED PURCHASERS AND ONLY PURSUANT TO THE CONFIDENTIAL OFFERING MEMORANDUM PREPARED FOR TEXAS GROWTH FUND’S EB-5 INVESTMENT PROGRAM AND THE SUBSCRIPTION DOCUMENTS INCLUDED THEREWITH. ANY SALE OF SECURITIES IN THIS PROJECT WILL OCCUR ONLY FOLLOWING EXECUTION OF A WRITTEN SUBSCRIPTION AGREEMENT BY THE POTENTIAL INVESTOR AND ACCEPTANCE OF SUCH SUBSCRIPTION AGREEMENT BY THE MANAGER OR GENERAL PARTNER OF TEXAS GROWTH FUND IN ITS SOLE DISCRETION. THE INFORMATION IN THIS DOCUMENT IS SUBJECT TO CHANGE WITHOUT NOTICE, DOES NOT REPRESENT ALL OF THE INFORMATION MATERIAL TO AN INVESTMENT DECISION, AND IT IS QUALIFIED IN ITS ENTIRETY BY THE INFORMATION IN THE CONFIDENTIAL OFFERING MEMORANDUM. NO REPRESENTATION OR WARRANTY IS GIVEN AS TO THE COMPLETENESS OR ACCURACY OF THE INFORMATION IN THIS DOCUMENT, AND NO INFORMATION HEREIN SHOULD BE CONSIDERED AS A RECOMMENDATION TO PURCHASE OR SELL ANY SECURITIES. NOTHING IN THIS PRESENTATION SHOULD BE CONSIDERED ACCOUNTING, TAX, LEGAL OR INVESTMENT ADVICE. ALL PERSONS ARE STRONGLY URGED TO CONSULT WITH THEIR OWN ADVISORS REGARDING ANY POTENTIAL INVESTMENT OR EMIGRATION MATTERS.

CERTAIN INFORMATION AND STATEMENTS IN THIS PRESENTATION CONSTITUTE “FORWARD-LOOKING STATEMENTS” OR STATEMENTS WHICH MAY BE DEEMED OR CONSTRUED TO BE “FORWARD-LOOKING STATEMENTS” WITHIN THE MEANING OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995. THE WORDS “FORECAST,” “ESTIMATE,” “PROJECT,” “INTEND,” “EXPECT,” “ANTICIPATE,” “MAY,” “WILL,” “SHOULD,” CONTINUE,” “BELIEVE,” AND SIMILAR EXPRESSIONS, OR THE NEGATIVES THEREOF, OR OTHER VARIATIONS THEREON, ARE INTENDED TO IDENTIFY FORWARD-LOOKING STATEMENTS. THESE FORWARD-LOOKING STATEMENTS INVOLVE, AND ARE SUBJECT TO, KNOWN AND UNKNOWN RISKS, UNCERTAINTIES, AND OTHER FACTORS THAT COULD CAUSE THE PROJECT’S OR PROJECT OWNER’S ACTUAL RESULTS,PERFORMANCE (FINANCIAL OR OPERATING) OR ACHIEVEMENTS TO DIFFER FROM THE FUTURE RESULTS, PERFORMANCE (FINANCIAL OR OPERATING) OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH FORWARD-LOOKING STATEMENTS. FOR A PARTIAL LIST OF SUCH RISKS, UNCERTAINTIES, AND OTHER FACTORS, SEE CAPTIONS “RISK FACTORS” AND “CONFLICTS OF INTEREST” (OR SIMILAR CAPTIONS) IN THE CONFIDENTIAL OFFERING MEMORANDUM.