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Old Posted Feb 22, 2014, 1:19 AM
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KevinFromTexas KevinFromTexas is offline
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Join Date: Jul 2001
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The local media is covering it now.
Posted: 1:01 p.m. Tuesday, Feb. 18, 2014
Austin developer plans 37-story condo tower downtown

By Shonda Novak
American-Statesman Staff

More high-rise housing is envisioned for downtown Austin, with a local developer planning a 37-story tower at West Fifth Street and West Avenue that would bring 163 upscale condominiums to market.

Riverside Resources is proposing to build the skyscraper at 718 West Fifth, a site that is slightly less than one-quarter of a city block at the northeast corner of Fifth and West, Nikelle Meade, an attorney for the developer, told the American-Statesman. Riverside Resources has a contract to buy the site from the Texas Press Association, which has its offices there, Meade said.

The developer will ask the city of Austin for approval to build a project with 306,555 square feet – about 60,000 more than current rules would allow.
Feb 18, 2014, 2:42pm CST UPDATED: Feb 18, 2014, 2:47pm CST
Austin developer's 37-story residential tower hinges on City Hall

Robert Grattan
Staff Writer-
Austin Business Journal

A proposal to build a 37-story condominium tower in downtown Austin broke online about a week ago, but whether it becomes a reality will hinge on how the developers are able to work the project through city hall.

Austin developer Riverside Resources has plans to buy the site at the corner of West Fifth Street and West Avenue and build a 37-story, 306,555-square-foot, 163-unit highrise with 2,500 square feet of retail space. The site is now the home of the Texas Press Association.
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