A Nashville-based developer, Adventurous Journeys Capital Partners (AJ Capital), has announced plans to construct a mixed-use development south of the University of Texas at Austin campus. The project will include 194 boutique hotel rooms and a 19-story residential building with 228 units under AJ Capital’s Memoir Residential brand.
According to the Austin Business Journal, the hotel component will feature amenities such as a lobby, ground floor and rooftop restaurants, gym facilities, meeting rooms and banquet space. This is in line with AJ Capital’s Graduate Hotels concept which focuses on creating unique experiences for guests near university campuses in various cities across the United States and United Kingdom.
The residential building will offer studio, one- and two-bedroom units along with amenities like bike storage, dog wash area and a leasing office spread over approximately 39
