A couple of months ago, I noticed some new construction going on behind South Austin Music on S. Lamar. It appeared to be apartments and they were 3 stories. You can see them on the right hand side of the photo behind South Austin Music. They're just north of the Post South Lamar Apartments and Binswanger Glass.
Sunday, I finally got off the bus at that stop so I could check them out. This is the view of the backside of them from the Binswanger Glass parking lot.
There's a chain link fence around the back of the development, and to the west of it are some older apartments. I then walked north up S. Lamar and turned west on Lamar Square Drive and was able to view them from the front.
Apparently it's a 40-unit affordable housing project associated with the Mary Lee Foundation. The Mary Lee Foundation is at 1330 Lamar Square Drive and these apartments are at 1342 Lamar Square Drive.
Here's the website about the project. It's supposed to open in May.
The Legacy – 1342 Lamar Square Drive
Rendering from the website:
Also there's some blog entries at the above site and the latest one has a couple of views of downtown from the third floor of this project. In the first photo, you can see Gibson Flats on the right.
A second one of downtown and on the far left you can see Gables Park Plaza II
Overall, it's not a huge project, but it will add some more density to the area.