AUSTIN | Bouldin Place (500 S. Congress) | 750 FT | 5 TOWERS

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Related Cos. envisions high-rises in mixed-use hub along South Congress

A New York-based real estate development firm is planning to transform a 6-acre site at the intersection of South Congress Avenue and West Riverside Drive with high-rise towers — the latest indication that Austin's downtown skyline is poised to expand across Lake Bird Lake.
The Related Cos. wants to establish a planned unit development with a maximum building height of 575 feet, or about 50 stories. The multitower project would include approximately 800 residential units, as well as a 225-room hotel, 200,000 square feet of office space, 90,000 square feet of retail space, 30,000 square feet of space for restaurants and a 25,000-square-foot grocery store, in addition to an underground parking garage, according to documents submitted to the city."

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Fly through video from the presentation at 12:40:

https://austintx.new.swagit.com/videos/298075

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Expect new renderings, this received a height bump from 575’ to 750’ feet. :-)

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Extension of downtown Austin skyline to continue south of Lady Bird Lake

City Council approved the 500 South Congress PUD, or planned unit development, Sept. 11. Related Cos.' redevelopment of Ego's bar and surrounding apartment and office buildings on a 6.5-acre site will include:
950 residences, with 800 apartments and 150 condominiums
A 225-room hotel
600,000 square feet of office space
135,000 square feet of commercial space for retail, a restaurant and grocery store.

The site's tallest tower may reach up to 650 feet tall, while the rest of the property can build up to 500 feet.

Related's Texas President Mike Iannacone recently said the 500 South Congress PUD could be the new heart of the South Central Waterfront, which said is becoming a "mixed-use city of the future."