[LoneStarMike]

Originally Posted by deerhoof

Two new apartment towers announced in the statesman today that are supposed to start soon. Awesome.

Austin is doing so well.

Yeah - here's the article in the Statesman:

Two more apartment towers planned for downtown
Architect: projects will make ‘distinctive’ mark on skyline
By Shonda Novak
American-Statesman Staff
November 9, 2012

Two towers formerly planned as condominium projects are moving forward as apartment buildings that will add more than 500 luxury units to downtown Austin.

Both projects are expected to break ground soon. One will be a 300-unit tower that will rise 19 stories — just under 200 feet — at 214 Barton Springs Road. Formerly slated for a condo project called Aquaterra several years ago, the site is just south of the five-story building that formerly housed the Greater Austin Chamber of Commerce offices

[SNIP]

The other project, formerly called 7RIO, is set to break ground in December at West Seventh and Rio Grande Streets, just west of Ranch 616 restaurant. That 24-story project will have 221 units, according to documents filed with the city. Both projects — originally planned as condo towers several years ago before the recession hit — are being designed by the local architecture firm of Rhode Partners.