The Most Anticipated Condos & Apartments in Austin
by Brad Pauly
on Friday, November 18th, 2022 at 3:56pm.
If you look at downtown Austin from Zilker Park, you’ll likely notice that the Austin skyline has grown up a lot in recent years—with a huge influx of high-rise condominiums having sprung up. Paired with a rise in the tech industry, empty-nesters flocking to the city in favor of a more convenient lifestyle, and savvy investors seeking to capitalize on Austin’s bright future—the demand for Austin condos is higher than ever.
Fortunately, it’s not too late to score a condo with a view in downtown Austin, as new and recent developments are at an all-time high. In fact, we’ve compiled a list of a few of them you might want to check out yourself.
The Most Anticipated New Building Projects In Austin
80 Rainey Street
Known only as 80 Rainey Street, this 49-story tower project will bring 644 apartments to the Rainey Street District, with a slew of public features including new bars, and restaurants, as well as the preservation of two existing bungalows. The apartments themselves will range from studios to 3-bedroom units, with plenty of amenities including a co-working space, a rooftop pool and lounge, and a parking podium. It even has a co-working space on the 11th and 13th floors.
Developed by Urbanspace, the development firm behind 5th & West, Austin Proper Residences, and The Austonian, comes The Modern Austin Residences, a 56-story apartment building with a classic modernist vibe. Slated to open in 2024, this apartment complex will feature everything you might expect from a state-of-the-art Austin condo, including floor to ceiling windows, frameless shower doors, and furniture made from the finest materials available. It will also have several limited penthouses, with floor plans ranging from 6,032 to 10,500 total square feet.
Although it’s still in the planning stages, the Austin-based developers, Pearlstone Partners, have made plans to construct a 48 story residential condo tower with 245 condominiums sometime in 2023, with a targeted completion date of 2026. The site, which is adjacent to the famous Rainey Street Food Truck Lot, will also feature over 15,000 square feet of retail space, making it soon to be a hotspot for shopping, eating, and socializing with friends.
Also in the works by Pearlstone Developers is The Vesper, a 41-story high rise located at 84 East Avenue in the Rainey District. Spanning .41 acres, this amenity-packed building will feature up to 284 condos with an average of 975 square feet. Anticipated amenities include a sky-deck pool and cabana, a resident-only fitness studio, a “sky dog park,” and co-working space on the ground floor. With construction already underway, The Vesper should open sometime in 2024.
The Travis, a mixed-use high-rise made on not one, but two towers, is currently in the works by the Dallas-based Genesis Real Estate Group on Rainey St. While the exact specifications are still pending, documents say that the 53-floor tower A will contain 414 apartment units, while the 61 floor tower B will feature 220 condo units, as well as a 200-room hotel.
Sources tell us that the apartments will range from studios to 2-bedroom units with an average square footage of approximately 1,100 square feet. You can also expect luxury amenities throughout, as well as an on-site clubhouse, fitness center, and co-working space.
98 Red River Street
We’d be remiss if we didn’t include the behemoth tower planned for 98 Red River Street. At a height of somewhere between 1,022 and 1,034 feet, the 98 Red River super-tower is set to become the tallest building in the state, and will feature 2.3 million square feet of space, including just over 300 residential units. Located near the western edge of the Rainey Street District, where Waller Creek and town lake meet, the 98 Red River project will have plenty to offer, both inside and out.
River Street Residences
The 43-story residential tower at 700 River Street, officially known as the “River Street Residences,” recently broke ground and is scheduled for completion by the end of 2024. According to the site plans, the complex will feature a pitched roof and amenity deck (including a rooftop pool) atop its parking podium, and will provide nearly direct access to the famous Ann & Roy Hike-and-Bike trail–so you have plenty of things to do!
The Linden Residences
While not quite a skyscraper, a 27-story condominium is currently in development by the New York-based firm Reger Holdings at 313 West 17th Street. Set to replace the William Gammon Insurance building, the building is planned to house 117 condos in the emerging neighborhood of Austin’s northwest corner. With plans for retail space and on-site parking, this too has the potential to be a not-to-be-missed Austin condo project.
321 West Tower
Having recently broken ground in March at Sixth and Guadalupe, the 58-floor tower known as 321 West is on track to be an exciting opportunity for anyone interested in a luxurious and spacious condo in Austin. The complex 675-foot building will feature 140,000 square feet of office space as well as 370 apartments and large, outdoor amenity space. And, with interiors by INC Architecture & Design, we can expect this high rise to spare no expense, offering up condos with the finest flooring, fixtures, and finishings available.
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