jengatower

Austin Grows Up: Two New Towers Set To Grace Capitol City’s Skyline

Fact: Austin is less than 300 mi². Another fact: Austin continues to lead the country in terms of population boom. So what’s a burgeoning metropolis to do when its size is having trouble fitting all its new residents? Grow up, that’s what. The droves of new Austinites include a plethora of young families and professionals who aren’t looking for the 20th century dream of a suburban ranch house with a manicured lawn. Today, people want to be in the center of the city where the culture is. And as far as Rover goes, there’s no need for a lawn when dog parks and amenities are as plentiful as they are in our pet-friendly city. To fill the demand of upscale urban housing in Austin, developers have already filled the skyline with shiny new sky rises; and now we have two new condominium buildings on our way.

70raineySource: Austintowers.net

70 Rainey Tower

The Rainey Street District wasn’t much to look at a decade ago; but recently it’s transformed to one of Austin’s favorite bar and restaurant districts. And where there’s entertainment, people want to live. There’s already the Milago and Skyhouse, but on January 19th developer Sackman Enterprises and architecture firm Page announced that 70 Rainey will break ground in 2016. According to Austin Business Journal, 70 Rainey will feature eight levels of parking, a ground floor restaurant and an outdoor amenity deck dubbed the “park in the sky.” The base will be topped by 164 residential, for-sale condos — all with balconies. Each unit’s floor plan will be shaped like a parallelogram, which will provide a spectacular view for each resident. Furthermore the “park in the sky will include an expansive garden, providing the backyard that many condo owners miss out on.

jengatowerSource: Austin Business Journal – http://www.bizjournals.com/

The Jenga Tower

If your design aesthetic leans towards the more unconventional, developers Constructive Ventures and Aspen Heights are bringing Austinites The Independent– also known as “The Jenga Tower.” Its announcement was considered one of the biggest real estate stories of 2015, and the buzz hasn’t slowed down since. Upon its 2018 completion, The Independent will be the tallest building in Austin at 58-stories. As part of the renovation of the Seaholm District, The Independent will be constructed along the north side of Lady Bird Lake near the former Green Water Treatment Plant at the intersection of Cesar Chavez and San Antonio. Designed by local firm Rhode: Partners, 90% of The Independent’s estimated 370-condo units sold the first week they became available. It earned the nickname “Jenga Tower” from its unconventional design. However, there have been speculations that architectural firm Rhode: Partners will tone down the final product during construction. Austin’s eager population will have to wait until 2018 to see… but the anticipation is palpable. Have questions about Austin’s ever-changing real estate market? Contact First Agent Realty at (512) 807-7010 for insider tips on finding the perfect living space for you and your family. We love Austin and all its residents, so we work hard to place every single client in their dream home.