Pearlstone Partners, the local real estate development firm behind Vesper, the upcoming 41-story, 284-unit residential tower located at 84 East Ave., and the Austin Chamber of Commerce celebrated the opening of sales for the condo tower with a ribbon-cutting event and tour of the new sales center.

Vesper is another example of Pearlstone Partners’ penchant for providing the community with more attainable luxury housing options within the city’s urban core. Units start in the low $600’s and 10 units are reserved for the City of Austin for households earning up to 80 percent of the area’s Median Family Income.

“We’re proud to provide the city of Austin with Vesper,” Bill Knauss, president and principal of Pearlstone Partners, said. “Vesper is another example of Pearlstone’s commitment to provide more attainable housing to homebuyers looking to live in the heart of the city. The future of downtown is being built right before our eyes, and we remain dedicated to ensuring that downtown living is a real possibility for our residents and for the continued vibrancy and sustainability of Austin.”

About Pearlstone Partners

Pearlstone Partners is a full-service real estate development firm with more than 100 years of combined experience in the Austin, Texas real estate industry. The company has been responsible for $600+ million in locally developed real estate and has $700+ million actively invested in their growing portfolio and pipeline. Pearlstone Partners engages in the economic development of the Central Texas area by creating high-quality, attainable housing in the urban core and is uniquely qualified to sustain a long-term market position for themselves and their clients. With experience managing every stage of the property development life cycle, Pearlstone is uniquely qualified to execute projects from concept through completion. Learn more at and follow along at, LinkedIn and

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