Cedar Park growth continues with new luxury development

A $7.5 million investment in a joint venture will fund construction
  • Canyon Partners Real Estate LLC and The NRP Group LLC announced a combined investment of $7.5 million to go toward construction of a 337-unit apartment building.
  • Units in The Ranch at Parmer Lane will range from one to three bedrooms and feature granite countertops and stainless steel appliances.
  • Cedar Park is near many of the top companies in Austin but has a lower cost of living and higher livability rating.

The growth of Austin continues with a new 337-unit luxury apartment community planned for construction just outside the city.

On June 14, Canyon Partners Real Estate LLC announced a joint venture equity investment with The NRP Group LLC of $7.5 million that will go toward the construction of the luxury apartment complex.