AVE is excited to bring its flexible-stay, housing solution to the Central Texas market of Austin with AVE Austin North Lamar!
This 226-unit apartment community, centrally located in the desirable Crestview neighborhood of North Austin along North Lamar, is footsteps from the Red Line providing service from Leander to Downtown with stops at UT-Austin and The Domain. This state-of-the-art residential community will be convenient for commuting to Austin employers with easy access to highways 35 and 183.
AVE Austin North Lamar, formerly known as Magnolia at Crestview, is AVE’s first professionally managed property in Texas.
“Austin has become a very desirable place to live, and the city is seeing a huge boom in its population due to high job growth,” explains Lea Anne Welsh, president of AVE and COO of parent company Korman Communities. “People are relocating to Austin, and there is a real need in this market for comfortable, flexible living options.”
AVE Austin North Lamar is close to companies such as Amazon, Apple, Tesla, Visa, Dell, Facebook, General Motors, and Whole Foods.
Crestview is one of the fastest growing and most desirable neighborhoods in North Austin, with popular, family-owned restaurants, breweries, boutiques, health and fitness studios, and coffee shops, all within walking distance of the community.
Korman Communities, headquartered in Plymouth Meeting, Pa., pioneered the furnished apartment concept with flexible leasing in the 1960s at The Plaza in Center City, Philadelphia, offering a solution – furnished apartments for stays of a few weeks to a few months – for individuals who are on extended business trips or life in transition, whether they relocating for work, doing a major renovation on their home, or just in between homes.
Korman Communities also pioneered the hospitality approach to multifamily residential decades ago and is excited to bring that elevated living experience to the residents at AVE Austin North Lamar.
“Our goal is to manage first-class communities where people can live, work, and play,” says Welsh. “Everything we offer – from our friendly service, to quality apartments, to on-demand amenities, is to ensure our residents are comfortable and feel taken care of.”
AVE Austin North Lamar offers studio, 1, 2, and 3 bedroom fully furnished apartments, as well as luxury apartments. The pet-friendly community boasts a resort pool, state-of-the-art fitness center, open-air fitness courtyard, tranquility courtyard, social paseos, fire pit lounges, rooftop lounge with downtown views, cyber lounge, pet spa, and more.

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