Rainey skyline reaching new heights: One tower secures financing, another moves forward in plan review
Parimal M. Rohit – Staff Writer, Austin Business Journal
https://www.bizjournals.com/austin/n...s-forward.html
"Rainey Street is on track to become ground zero for the latest upward expansion of downtown Austin’s skyline, as a couple of high-rise developments reached significant milestones this week."
"The Austin Design Commission on Dec. 13 unanimously recommended plans to build a 49-story apartment tower at 80 Rainey St. Meanwhile, Austin-based Urbanspace Real Estate + Interiors announced Dec. 16 it secured both construction financing and a site development permit to move forward with its 56-story condominium tower, The Modern Austin Residences."