Posted Apr 5, 2015, 4:59 AM
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Meh
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Join Date: Jul 2001
Location: Austin,TX<-->Dripping Springs,TX<-->Birmingham, AL<-->Warm Springs,GA
Posts: 57,205
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70 Rainey - construction to begin this fall.
http://www.mystatesman.com/news/busi...3948020.735692
Quote:
More growth on Rainey Street
New 35-story condo tower to continue transformation of once-quiet downtown neighborhood.
Posted: 12:00 a.m. Saturday, April 4, 2015
By Shonda Novak - American-Statesman Staff
Austin’s swiftly evolving Rainey Street district is about to undergo even more change: A planned 35-story luxury condominium tower that will continue the transformation of the once-quiet downtown neighborhood.
New York-based development company Sackman Enterprises Inc. told the American-Statesman that the project — named 70 Rainey after its address — will have more than 160 residences priced from the $300,000s up to $3 million. The company plans to start construction in the fall and is targeting a late 2017 opening. Sackman bought the site from Austin-based Riverside Resources, which had a city-approved site plan in place.
The condo tower is the first Austin project for Sackman Enterprises, but more are on the way, said C.J. Sackman, the 27-year-old director of development for Sackman Enterprises. The company plans at least six projects in Austin over the next several years, Sackman said.
“This is the largest expansion for Sackman Enterprises outside of the Northeast in its 45 years,” C.J. Sackman said. His father, Carter Sackman, is president of the firm, which was founded in 1969 by Carter Sackman’s father Alan Sackman.
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Renderings
https://www.facebook.com/SeventyRainey/timeline
http://www.70rainey.com/
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