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Old Posted Apr 26, 2018, 2:16 PM
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KevinFromTexas KevinFromTexas is offline
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Join Date: Jul 2001
Location: Austin,TX<-->Dripping Springs,TX<-->Birmingham, AL<-->Warm Springs,GA
Posts: 57,205
https://www.bizjournals.com/austin/n...5-stories.html
Quote:
Waterfront apartment tower could rise 45 stories — or more — near downtown on site of vacant condos

By Marissa Luck – Staff Writer, Austin Business Journal
38 minutes ago

A Dallas-based developer expects to break ground on a roughly 45-story apartment tower overlooking Lady Bird Lake by early 2019. It’s one of two apartment high-rises Genesis Real Estate Group has proposed for the Villas on Town Lake condo site near the Rainey Street Historic District.

The company submitted a site plan application to the city earlier this month and it expects to break ground on construction in about nine or 10 months.

Originally the Austin American-Statesman reported the tower would be roughly 40 stories high. This week though Genesis President Gordon Ip said it will go even higher, at 45 stories or even as many as 50 stories.
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