PRESS ROOMNEWS RELEASE

Inland National Development Company, LLC and Cambridge Development Group, Inc. Announce Luxury Multifamily Development Ahead of Schedule in Austin, Texas

Oak Brook, Ill – Inland National Development Company, LLC (“INDC”) and its co-developer, Cambridge Development Group, Inc. are pleased to announce Austin’s newest luxury multifamily gated community, Citadel at Tech Ridge, will open its doors to residents sooner than expected in December of this year. 

Citadel at Tech Ridge is located on 14.8 acres at 1127 Pearl Retreat Lane, in the heart of North Austin’s Tech Ridge. This Class A community will consist of one, two and three bedroom residences totaling 308 units in 12 three-story, wood frame buildings. Each unit will feature open floorplans with nine-foot ceilings, in-unit washers and dryers, granite countertops, designer lighting, stainless steel appliances and private balconies or patios. Garage parking will also be available on a limited basis.

The community will feature upscale amenities including a state-of-the-art fitness center with a yoga studio, a resort-style swimming pool complete with an outdoor grilling station, a multi-purpose deck area for outdoor yoga and other activities, a clubhouse with a cyber café, gourmet coffee bar and resident lounge, a dog park, pet spa and electric vehicle charging stations.

“North Austin’s Tech Ridge is experiencing tremendous job growth and is conveniently located by Parmer Lane and Interstate 35 to provide residents with easy access to major nearby employers such as Samsung, General Motors, Dell Computer, Amazon, Apple, IBM, HomeAway, Oracle and others,” said Anthony Casaccio, president and CEO of INDC. “We are thrilled to open this luxury project ahead of schedule and, even better, our development team added upgraded finishing touches to include custom barn doors in each unit and additional pool amenities such as cabanas.”

Residents at Citadel at Tech Ridge will have close access to CapMetro Park Ridge facility, Austin’s regional public transportation provider, and to nearby neighborhood retailers such as H-E-B Grocery, Home Depot, Wal-Mart, Target and Kohl’s.
For more information on Citadel at Tech Ridge or to inquire about leasing opportunities visit: www.citadelattechridge.com.

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About Inland National Development Company, LLC
Inland National Development Company, LLC (INDC) is a developer of residential, multifamily, hospitality, retail and senior housing properties. INDC is part of The Inland Real Estate Group of Companies, Inc., one of the nation’s largest commercial real estate and finance groups, which is comprised of independent legal entities, some of which may be affiliates, share some common ownership or have been sponsored and managed by such entities or subsidiaries thereof (collectively “Inland”). Inland has been creating, developing and supporting real estate-related companies for more than 50 years. For more information, visit www.inlandgroup.com/indc.