Dominium, an affordable-housing developer, announced the resyndication of Woodway Square Apartments at 1700 Teri Road, Austin. With this closing, Dominium will renew the affordable-housing status of the complex, make renovations and rename the property Capitol Crossing.

Dominium Construction and Architectural Services as well as Legacy Construction LLC will conduct the $11.3 million rehabilitation of the property. This will include a remodel of the club house, site amenities, HVAC systems, kitchen appliances and cabinets, laundry machines, and bathroom vanities.

The apartment complex was first constructed in 2003. Dominium acquired the 240-unit property in August 2021 and took over operation and management.

Capitol Crossing offers one-, two- and three-bedroom apartments, and includes amenities, such as a playground and a swimming pool. Due to its affordable-housing status, household income and student status restrictions apply.

www.dominiumapartments.com