Glenwood Apartments, a 95,250-square-foot complex, will break ground at 2804 Bagdad Road, Leander, by mid-2022.

Located across the street from Leander High School, between Bahama Buck’s and Dollar General, Glenwood will be three stories tall with 84 apartment units. The apartment complex will have one- and two-bedroom options and 126 parking spaces. Residents will have access to an amenity center that includes the leasing office, an internet cafe and a sitting area.

“[Glenwood] is well located near restaurants, a theater, the high school, and [it’s] a safe neighborhood,” said Glenn Gonzales, owner of the property and CEO of Obsidian Capital Co.

Because Glenwood offers fewer amenities than other Class A apartments in the area, rent will be less expensive, Gonzales said.

Glenwood Apartments is expected to be fully constructed by spring 2023. The site also includes 10,000 square feet of retail and office space.


Space: 95,250 square feet

Timeline: mid-2022-spring 2023