Presidium, a diversified real estate development, investment and management firm, has completed Presidium Waterford, a 281,533-square-foot multifamily community in north Austin.
“Our vision for Presidium Waterford was to create a community that pairs high-quality design with practical innovation,” said Cross Moceri, co-founder and co-CEO of Presidium. “From the sustainable building systems to the social spaces, every detail was planned to make life easier, healthier and more connected for our residents. We believe this property reflects where Austin is heading: livable, innovative and built for long-term growth.”
Presidium Waterford features an open building layout that maximizes natural light and offers residents modern smart-home conveniences, including smart thermostats, smart lighting and touchless entries for both residences and amenities, all managed through a single smartphone app. Environmentally conscious design was a priority, with features such as high-performance windows, exterior insulation, a 100% rainwater biofiltration system, energy-efficient appliances and advanced air purification technology throughout the property.
Amenities include a resort-style pool, outdoor fireplaces, a water volleyball court, a Zen courtyard with fire pits, a hammock grove, co-working lounges and a fitness center with spin and yoga studios connected to an outdoor lawn. The property also features a large courtyard with an outdoor kitchen and multiple social spaces.
Founded in 2003, Presidium is a Texas-based real estate developer, owner, and operator with a 22-year operating history and an existing real estate portfolio totaling approximately $2.6 billion AUM. We represent a spectrum of disciplines, including acquisitions, development, property management, asset management, construction, law, finance, accounting, special servicing, and public-private partnerships. At Presidium, our mission is to craft vibrant and unique communities, deliver exceptional returns for our partners, and nurture a collaborative, supportive atmosphere for our employees. Together, we strive to make a meaningful impact on the lives we touch and the neighborhoods we enrich.
