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Old Posted Dec 19, 2023, 11:58 PM
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Urbannizer Urbannizer is offline
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Join Date: Jan 2009
Location: Austin, TX / Portland,OR / Chicago, IL
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Burnet Road’s Tallest Apartment Tower Moving Forward Near the Domain

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Despite a general slowdown in construction starts across the city, things look sunnier than ever for new multifamily development in the area of North Austin near the Domain and Q2 Stadium. Despite being saddled with the extremely clumsy compound regional name of “North Burnet / Gateway” — like it or not, almost everybody calls it “The Domain,” sorry — the district enjoys the loosest zoning restrictions in the city outside of downtown proper, with the latest updates allowing towers rising up to 491 feet assuming they provide community benefits under the area’s regulating plan.


One of the latest projects taking advantage of this district’s unusually chill approach to height restrictions is the unnamed plan by Trammell Crow’s multifamily subsidiary High Street Residential, which is developing a 20-story apartment tower at a 2.2-acre site near the northeast corner of the increasingly busy intersection of Braker Lane and Burnet Road formerly occupied by a BBVA Chase Bank branch at 10711 Burnet Road. But unlike a lot of towers we’ve seen announced across town, the developers are actually doing something in the real world to prepare for its construction — demolition on the former bank building kicked off here last month, and the structure is now completely removed with site prep seemingly underway.

Although we don’t have a construction timeline confirmed at the moment, plans for this site approved by the city describe a tower containing 416 total residences, with 54 of those apartments income-restricted as affordable rental housing for individuals or families earning up to 60 percent of the region’s median household income — in 2023, that’s $49,080 or less for an individual or no more than $70,080 for a family of four.

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