[KevinFromTexas]

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Kevin Burns reveals new details about Rainey Street skyscraper, including name and project team
Container Bar to close to make way for 55-story tower, but owner has something new planned

By Michelle Pitcher – Staff Writer, Austin Business Journal
Jul 27, 2021

The tower formerly known as 9092 Rainey, which has been in the works for several years, officially has a new name and new project specifications.

The Modern Austin Residences will have 55 stories featuring 345 market-rate residences and 20 affordable housing units. Austin’s Urbanspace Real Estate + Interiors is developing the project.

The affordable housing units will be available to people earning 80% of median family income, which is $98,900 in the Austin metro. The market rate units will start in the $400,000 range for a one-bedroom unit. Three-bedroom units will go for $1.6 million and above.

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https://austin.towers.net/meet-the-m...lyn@towers.net

You are here: Home / News / Meet the Modern Austin Condo Tower, Headed for the Modern Rainey District
Meet the Modern Austin Condo Tower, Headed for the Modern Rainey District

JAMES RAMBIN JULY 29, 2021

Perhaps by now you’ve heard that the downtown Austin condo tower project planned since 2019 by local real estate firm Urbanspace at 90-92 Rainey Street has officially announced its new look and brand identity — the Modern Austin Residences.

These snazzy renderings of the new design from the project’s design architects at Nelsen Partners along with its architects of record at Page line up with the refreshed exterior look we saw in a presentation by the developers to the Design Commission late last year, but what’s notable is the addition of several floors to the plan after the approval of increased floor area ratios for the tower, alongside the River Street Residences and East Tower projects — the Modern Austin Residences will now rise 55 floors, up from its 2019 announced floor count of 53 and even more up from the reduced floor count of 51 we saw in documents last year.

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https://austin.towers.net/meet-the-m...lyn@towers.net