University of Texas at Austin

The project is a 466-bed private student housing development 2 blocks from the campus of the University of Texas at Austin. The half-acre, high-density site will consist of studio, 1, 2, 3, 4 and 5 bedroom apartments ranging from 554 square feet to 1,546 square feet. The 466 beds will be housed in a 16-story high-rise structure with 4 levels of parking below grade. It will contain 167,437 square feet of rentable space.

The project is located  about 0.2 miles to the west edge and 0.4 miles to the center of campus. Students will be able to walk or ride their bicycles to school. The Austin CapMETRO system provides multiple bus routes that stop nearby, offering convenient access to the Central Business District and the Downtown Entertainment District, each just over a mile away. It is within minutes of Shoal Creek, a natural conservancy with multiple hiking and biking trails, allowing pedestrian access to the natural amenity of Lady Bird Lake.

The University of Texas at Austin, with 51,000 enrolled students, is the flagship institution of the University of Texas. Its ongoing investment program includes construction of new research, educational and administrative facilities for the Dell Medical School, Medical District Master Plan, McCombs Business School and the Engineering Education and Research Center.

Map

UT Student Housing

Construction Status

Construction is on schedule for Q3 2018 delivery. Here is the project as of February 17, 2017.

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.