In addition to donating half of our lakefront property to the city, we will continue to invest in the responsible development of the project’s green space, creating the first new park on Lake Austin in decades.” “Our plan - supported by our neighbours and approved by the city - includes safe and accessible public parking for the overlook and cliff. “Responsible environmental stewardship to preserve and protect this iconic location has been central to our vision for this project,” said Coon. With a deep commitment to land stewardship, the developers of the project will implement a new city-approved plan that includes 90 acres (36 hectares) of preserve and parkland, turns a scenic overlook into a public park, and preserves more than 2,000 feet (60 metres) of shoreline from development. Ideally positioned on a secluded hill above a 90-degree bend in the lake, the 145-acre (59 hectare) community’s altitude and endless backdrops contribute to a heightened sense of privacy and beauty. Protected Views and a Commitment to Land Stewardship “We are excited to partner with Austin Capital Partners on this exceptional new project, providing residents with a breath-taking setting on Lake Austin, extraordinary design, and an extensive collection of amenities and experiences delivered by Four Seasons and curated for Lake Austin residents.” “Our collection of standalone Private Residences is a natural extension of the Four Seasons brand - guided by the same principles of service and quality excellence - while offering a one-of-a-kind lifestyle experience outside of our hotels and resorts,” said John Davison, President and CEO, Four Seasons Hotels and Resorts. “Coupled with legendary five-star service and amenities, the community will offer a rare combination of hilltop views, private boat slips on Lake Austin, privacy, and security.” “We are proud to align with Four Seasons Hotels and Resorts to introduce the brand’s first standalone residential property in Texas,” said Jonathan Coon, CEO of Austin Capital Partners. Surrounded by 2,000 acres (800 hectares) of expansive green space, the private enclave is situated 20 minutes from downtown Austin, but feels worlds apart – with protected panoramic views of the lake, Pennybacker Bridge, PGA golf course, and downtown skyline. Hines will lead the development team and manage the project’s construction. The new Lake Austin residential community will be distinguished by its modern architecture, private waterfront access, unmatched amenities, and dedicated Four Seasons staff who will exclusively manage every aspect of the property’s luxury service offering. Leading luxury hospitality company Four Seasons Hotels and Resorts, Austin Capital Partners and international real estate investment firm Hines today announced plans for Four Seasons Private Residences Lake Austin.
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