Leasing of Sienna at the Thompson Residences Picks Up Pace as Construction of the Ultra-Luxurious, Highly Amenitized Apartments Crowning the Thompson Austin and tommie Austin Hotels Nears Completion.

AUSTIN, Texas—March 3, 2021. Chicago-based Magellan Development Group — in partnership with BLG Capital Advisors, Geolo Capital and Wanxiang America Real Estate Group — announced Sienna at the Thompson, a luxe apartment community located within Thompson Austin, a Hyatt hotel, and tommie Austin, a JdV by Hyatt hotel is now open at 50 percent leased.

“Construction of Sienna at the Thompson Austin will be completed ithis month, but many of the residences are finished out and five floors are already occupied, with residents moving in daily,” said Sienna Residential Property Manager Leslie Caffey. “Interest in these sophisticated high-rise downtown apartment homes has far exceeded our expectations.”

Located at the intersection of 5th and Brazos Streets in Austin, Sienna at the Thompson puts its residents squarely in the heart of downtown Austin and its many eclectic attractions. Rising 32 stories above the city, Sienna encompasses 770,053 square feet of space and offers 314 luxury apartment residences — a mix of junior one-, one- and two-bedroom homes — occupying floors 15 and 17 through 31 of the building. Sienna at the Thompson is the only Austin luxury development offering 8 Ori Living residences featuring modern living robotic space-saving solutions, such as the cloud bed and pocket offices, designed to empower people to live large in a small footprint. The first and second floors include an eclectic range of retail spaces, and the garage occupies four below-ground levels, providing 297 covered parking spaces for residents.

Sienna at the Thompson residences are havens where art and design meet form and function — ultimate living spaces characterized by understated luxury, convenience and a concierge lifestyle. Each apartment home boasts high-end finishes, sweeping cityscape views, high-speed internet options, kitchens are pre-wired with USB ports, imaginative floor plans and intelligently designed work-from-home spaces.

Sienna at the Thompson is more than a home; it is a lifestyle, giving residents access to a vast array of lavish shared indoor and outdoor amenities, including many of those offered by Thompson Austin and tommie Austin. Thompson Austin offers an upscale hospitality experience featuring unique, lively gathering spaces and dining concepts, while tommie Austin guests and their visitors enjoy a luxurious hotel stay reimagined for the spirited guest and adventure seeker.

Sienna residents enjoy an expansive deck with ample green space; indoor dog run and dog spa; and a phenomenal state-of-the-art fitness center on the third floor with cardio, free weights and strength-training equipment; CrossFit zone; private training rooms with fitness-on-demand monitors; private yoga and stretching area; sports simulator; specialty bike and spin room; full locker and shower rooms; and vending and refreshment center. The fourth-floor amenity deck/resident lounge beckons with spectacular views; oversized seating; large-screen televisions; and access to an outdoor deck with fireplaces, kitchen, dining, trellis, daybeds and lounge seating. The amenities deck boasts a 75-foot lap pool, access to Wax Myrtle’s Club and Pool, lush landscaping, two fireplaces with lounge seating, and an exterior shower with changing rooms.

Sienna residents will enjoy several exclusive eating and drinking establishments opening soon in Thompson Austin. The Diner Bar and The Grey Market located on the hotel’s first floor, are led by much-lauded chef Mashama Bailey and partner Johno Morisano, of the James Beard-nominated Savannah restaurant, The Grey, and will serve as day-to-night dining destinations. On the lushly landscaped fourth floor, Chicago hospitality pros Land & Sea Department will operate Wax Myrtle’s Club and Pool, a multi-faceted culinary, event and social space that will include multiple indoor and outdoor bars, poolside service, a private dining area, a billiards room and will feature contemporary American dishes.

In summer 2022, Studio Three — a national leader in boutique wellness innovation — will open its first Texas location in Thompson Austin. Studio Three will encompass 10,000 square feet of smartly designed, ground- and second-level space celebrating the Austin community and the signature wellness trifecta for which it has earned a fiercely loyal following: Interval, Cycle and Yoga.

Sienna at the Thompson, professionally managed by Magellan Property Management, features a full lobby staffed with 24-hour concierge services, a full maintenance team, innovative Destination Dispatch elevators, an on-site resident parking garage with EV charging stations, a sound-isolated music room, Wi-Fi in common areas, curated resident events, refrigerated storage, bike storage with repair tools and wash stations, and resident storage and package notifications. The fifteenth-floor resident-only lounge and amenity deck includes a presentation kitchen, outdoor deck with fireplaces, daybeds and lounge seating. Sienna’s residential business lounge provides private work and conference rooms, a tech lounge with charging stations, performance space, a wet bar and a kitchenette.

Sienna at the Thompson is within walking or biking distance to scores of places to relax, stroll and play — beloved Austin restaurants and shops; live music; a diverse array of museums; the growing Market, Warehouse, Sixth Street Historic, Red River, East Austin and Rainey Street Districts; the Congress Avenue corridor and the State Capitol Building; Auditorium Shores; and the Ann and Roy Butler Hike-and-Bike Trail at Lady Bird Lake. With easy access to IH-35, MoPac and public transportation, residents can be anywhere in Austin proper within minutes.

The average monthly lease rate for residences at Sienna at the Thompson is $3,360. For more information, call (512) 782-2000, visit Sienna at the Thompson leasing office at 501 Brazos Street, appointments are preferred or go to https://rentsienna.com.

“More and more people, transplants and locals, are looking to live in downtown Austin, making the luxury rental market increasingly strong,” said Caffey. “Sienna at the Thompson is truly a one-of-a-kind project. It’s mixed-use nature, its über-luxurious floor plans, appointments and over-the-top amenities, its stunning views, its walkable lifestyle and unparalleled access to everything that makes Austin, Austin — these things cannot be replicated anywhere else in the city.”

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About Magellan Development Group LLC
Magellan Development Group is a family-owned company that was founded in 1996. To date, Magellan has developed 20 million square feet of residential, retail, hospitality, and mixed-use projects with a total value of over $6 billion, including 10,000 residential units, 1,500 hotel rooms, and 600,000 square feet of retail.  Magellan is the premier developer of mixed-use properties in Chicago and has extended its footprint to other major U.S. cities, including Minneapolis, Miami, Nashville, Austin and Somerville, MA. From conception to completion, Magellan looks after all aspects of the development process and has unique experience in interrelated fields of real estate design, construction management, development, development consultation, architecture, property management, leasing, sales and marketing. For more information on Magellan Development Group, please visit: www.magellandevelopment.com.

About Thompson Hotels
Founded in 2001, Thompson Hotels is an award-winning boutique lifestyle hospitality brand with a collection of stunning, dynamic properties. Each of Thompson Hotels’ urban and resort locations offer a carefully layered environment that molds into its surrounding community. Guests are provided tailored stays with connections to world-class culinary offerings, arts and entertainment, and groundbreaking design. The Thompson portfolio of lifestyle hotels includes The Beekman and Gild Hall in New York City; Thompson Washington D.C.; Thompson Nashville; Thompson Seattle; Thompson Chicago; Thompson Buckhead; The Cape in Los Cabos, Mexico and Thompson Playa del Carmen in Riviera Maya, Mexico; Thompson Zihuatanejo on Mexico’s Pacific Coast; and the new Texas hotels, Thompson Dallas, Thompson San Antonio, and Thompson Austin as well as Thompson Savannah and Thompson Hollywood. Hotels currently under development include Thompson Denver and Thompson Houston. Follow @ThompsonHotels on Facebook, Twitter, and Instagram for news and updates. For more information, please visit www.thompsonhotels.com. 
 
About JdV by Hyatt
A community for the spirited, the light-hearted, the young-at-heart, JdV by Hyatt offers a collection of vibrant, independent hotels that are true reflections of the urban neighborhoods we call home. Embracing our namesake (joie de vivre), JdV by Hyatt invites guests and locals alike to connect, live in the moment and celebrate the joy of life. Each hotel provides an experience that is inclusive in spirit and space, inviting all to make each stay yours truly. Follow @JDVHotels on Facebook, Instagram, and Twitter for news and updates. For more information, please visit www.jdvbyhyatt.com.