News and Events

Capital Studios

The first new affordable community downtown in 45 years

Foundation Communities is excited to continue our track record of well managed, affordable efficiency apartments for single adults with the construction of Capital Studios, the first new affordable community in downtown Austin in 45 years. Construction is underway at 11th and Trinity, and we plan to open by October 2014. Please note that we will not begin leasing Capital Studios until shortly before it opens.

Watch the video below to see construction highlights from earlier this year!

Features of the community will include:

  • 135 efficiency apartments for single adults in the range of $400-$650/month (all bills paid)
  • 24 hour monitored access to the property only available for residents and their registered guests
  • Community space for residents only-- including computer lab, TV lounge, game and fitness area, and social services
  • Street level walk up retail space
  • Onsite, publicly accessible bikeshare kiosk at street level
  • New building with the highest possible green standards