NEW LUXURY WATERFRONT RESIDENTIAL RESORT COMMUNITY IS COMING TO CENTRAL TEXAS HILL COUNTRY

60-acres Featuring 25 Luxury Residences, 2,000 Feet of Private Shoreline with a Private Beach, Boat Slips, Infinity-edge pool, 3D-printed Spa, Concierge Services, Chef Experiences and More

Exclusive Property to Feature Award-winning Selection of ICON 3D-printed Homes for Fractional Ownership Starting in Low $400k's Available Now

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AUSTIN, TEXAS, April 23, 2025 /PRNewswire/ -- Today, The Canyon Club announced that a luxury residential resort community is underway on 60 waterfront acres in the heart of the Texas Hill Country on Lake Travis. The Canyon Club features a collection of 25 homes including a mix of traditional and 3D-printed premium vacation properties with stunning architecture that is inspired by the native landscape of Lake Travis and the Texas Hill Country. The Canyon Club will offer luxury with thoughtfully designed amenities, personalized services, and curated wellness. Owners will have access to dining and wine experiences that promote relaxation and rejuvenation through a resort lifestyle with premiere lakefront access, year round programming, concierge services, and bespoke design elements tailored to multi-generational living.

Overall membership amenities at The Canyon Club include a state-of-the-art clubhouse, resort-style pool, luxury spa with an adults-only pool, upscale fitness center, chef experiences, Texas-style event barn, boat dock, private beach, playground and family friendly programming, natural amphitheater, and courts for pickleball, tennis, and basketball. The wide range of resort amenities, mixed with the larger residential living offering means owners have expansive private spaces as well as an abundance of central areas and amenities. The Canyon Club's resort amenities are set to begin construction in Fall 2025.

The Canyon Club will offer a mix of 5 and 6-bedroom luxury, traditionally built homes for sale beginning at $2.6M and 4-bedroom 3D-printed homes by ICON starting in the low $400k's per share of fractional ownership. The Canyon Club's gently sloping landscape ensures that every lot enjoys serene, beautiful views from canyons to the water.

ICON, the leader in construction technology developing robotic and AI systems to lower the cost and increase the speed and quality of construction, will debut a collection of five, 3D-printed homes at The Canyon Club. The 3,400 sq-.ft. beautifully designed, high-performance, energy efficient and sustainably built 4-bedroom homes feature exquisite architecture that reflects the sweeping canyons. A first of its kind, fractional ownership of ICON 3D-printed homes provides a unique investment opportunity to own a piece of this groundbreaking development. Shared ownership will include 1/8 of the property, six weeks of annual usage and year-round membership benefits along with the potential to either trade weeks or generate income through a tailored Vacation Rental Program in partnership with Inspirato, Book-Above and ThirdHome.

"The debut of ICON homes at The Canyon Club represents a reimagined way homes are built, owned and experienced," said Jared Kuhn, Vice President of Real Estate Development & Sales. "By combining advanced construction technologies with a fractional ownership model, we're making it possible for more people to invest in and enjoy high-performing, sustainable homes in an entirely new way."

The Canyon Club is a project by Prasso Ventures, led by Robert Brown, Troy Cohen and Brandon Gossett. Their portfolio includes acclaimed restaurants in Austin, Texas, as well as innovative, luxury residential developments in Arizona, Colorado, Washington showcasing their diverse expertise in real estate and hospitality.

Interested homeowners can learn more and put down a deposit for their preferred home lot today by visiting www.CanyonClub.com. Additionally, the first seven buyers at The Canyon Club will receive exclusive perks as a Founding Member, including waived club initiation fee and dues for 5 years, furnishings credit, hospitality memberships to nearby vineyards and restaurants and more!

For more information on membership and home ownership opportunities visit www.CanyonClub.com.

About Prasso Ventures
Prasso Ventures is a private equity investment group that actively invests and develops real estate in high profile vacation destinations across the country. As a preferred developer for Inspirato and real estate exchange partner ThirdHome, Prasso Ventures is able to offer exceptional and unique value from their developments to homeowners.

About ICON
ICON is a construction technology company developing robotic and AI systems to lower the cost and increase the speed and quality of construction to tackle the global housing crisis and prepare to build on other worlds. As a pioneer of large-scale 3D printing, ICON continually sets new standards for delivering resilient, dignified housing and recently unveiled a radical new robotic printer that enables multi-story construction, a new low-carbon building material, a digital catalog for residential architecture, and an AI architect for home design and construction. Using proprietary 3D printing robotics, software and advanced materials, ICON is shifting the paradigm of homebuilding on Earth and beyond. For more information visit www.iconbuild.com or follow on X™, Instagram®, Facebook®, YouTube®, LinkedIn, or Threads® (@ICON3DTech).

SOURCE ICON Technology Inc.