SOURCE: The Austonian

August 27, 2007 18:21 ET

The Austin Skyline Is About to Change

AUSTIN, TX--(Marketwire - August 27, 2007) -


Event: The Austonian Groundbreaking Celebration

Date: Friday, August 31, 2007

Time: 9:00 am

PRESS IS WELCOME IN ADVANCE AT 8:30 AM FOR AN EARLY BRIEFING & INTERVIEWS. PHOTO OPPORTUNITIES AVAILABLE.

Place: 200 Congress Avenue (2nd and Congress) -- Parking available on site

GROUNDBREAKING CEREMONY FOR THE AUSTONIAN

Benchmark Development invites you to join Ziegler Cooper Architects, Gary Lee Partners and Gottesman Residential Real Estate to celebrate the groundbreaking of The Austonian, an elegant, 55-story, 683 feet elliptical tower in the heart of downtown Austin's retail, dining and entertainment districts. Guests will include Senator Kirk Watson, Mayor Will Wynn, future residents of The Austonian, as well as other city officials and well known community leaders. The groundbreaking comes after Benchmark Development announced the $200 million mixed-use, luxury high-rise condominium development. The anticipated completion date will be late 2009 and early 2010.

Mayor Will Wynn...

"As our population continues to grow, the Austonian is a significant step in helping us reduce energy use, water use and vehicle miles traveled per capita, all while increasing the vibrancy and vitality of Congress Avenue. Urbane, mixed-use density has dramatic benefits economically, environmentally and socially. I look forward to welcoming to downtown all the future residents of the Austonian."

David Mahn, VP, Benchmark Development...

"Luxury living is all about convenience and vision combined with elegance. The Austonian is going to be just that. It will offer a complete package of unmatched features and amenities in terms of its address and convenient location, important environmental green aspects, view that will be afforded to every resident, revitalization of the Second Street District of Austin, and an extraordinary architectural design and 'wow-factor.' We believe The Austonian has it all."

The groundbreaking will include a catered breakfast and speakers will consist of Senator Kirk Watson, Mayor Will Wynn, David Mahn, VP, Benchmark Development and Terry Mitchell, Momark Development, Strategic Marketing Director for the project.

ABOUT THE AUSTONIAN:

Rising a gleaming 56 floors above the coveted intersection of Congress Avenue and Second Street, topped by a glowing crown, is The Austonian. So distinctly different, yet so uniquely Austin, it offers a truly singular lifestyle. The Austonian was designed by world-renowned Ziegler Cooper Architects, which aspires to design projects that build community, enrich people's lives and express the spirit of our time through art, craft and technology. This 683 feet elliptical high-rise tower is designed with a glass, stone and masonry window wall system atop an urban garden deck. It is a technologically advanced home that offers owners individual choices in contemporary or traditional design. The Austonian. A community that rises above the ordinary.

FACTS & FEATURES:

--  683 feet, 56 floors
--  188 luxury condominium residences with distinctive floor plans
--  Four private guest suites for visitors of The Austonian and available
    for use by all condominium owners
--  Efficient and unique urban floor plans with contemporary and
    traditional designs for modern lifestyles
--  Exquisite interior décor packages for a variety of tastes including
    marble, granite, Wolf and Miele appliances, Waterworks fixtures and
    Scavolini cabinetry
--  24-hour concierge, valet and security services
--  Full-service amenities, including housekeeping, dry cleaning and
    laundry
--  High-tech conference center and screening room for 20
--  Recreational game room with billiards center
--  Convenient and secured dog park
--  First-class workout facility in a picturesque setting on the 56th
    floor
--  Private, luxury cabanas, outdoor fireplace, grills and movie screen on
    10th floor
--  75 foot lap pool with in-water sitting area and State Capitol views
--  Skylounge for private parties on 55th floor with catering kitchen,
    buffet and bar equipment and large screen TV
    

PHOTOS AVAILABLE UPON REQUEST

Contact Information