Skyline Scraper New Highrise Condo Tower Will Be Austins Tallest Building

Skyline Scraper New Highrise Condo Tower Will Be Austins Tallest Building

Skyline scraper: New high-rise condo tower will be Austin's tallest building

written by: Michael Theis



The tallest residential building west of the Mississippi River may soon rise above Austin's skyline, as developers have laid out the specifics for a 685-foot, 58-story condominium tower downtown.

Developers envision the $300 million project, dubbed the Independent, as a gleaming, white Jenga-like tower at the northeast corner of West Third Street and West Avenue. Renderings show the building with offset floor sections that make it look something like an uneven stack of books.

The Independent, with its off-kilter floors that resemble a gleaming white Jenga tower, will be the tallest building in Austin and the tallest residential building west of the Mississippi River when complete. Groundbreaking and construction timelines have not yet been revealed, though.


The tower will become the tallest building in Austin when it is completed.

The Independent is a joint venture between Constructive Ventures Inc. and Aspen Heights, both based in Austin. It was designed by Austin architectural firm Rhode: Partners, with engineering from Urban Design Group, Garza Bury, and LAM+DCI Consulting Engineers.

Back in December, Constructive Ventures – led by Perry Lorenz and Larry Warshaw– unveiled the name of the project as The Independent. It's part of a continuing redevelopment of the area around the Seaholm Power Plant and the Green Water Treatment Center that is expanding Austin's downtown core further west.

The building will have a total of 950,000 square feet, including 491,000 square feet that is sellable. Developers plan to have 13,500 square feet of retail on the ground floor. Residents will have 370 units to choose from, ranging from 675 square-foot one-bedroom units to 3,485 square-foot three bedroom floor plans. Residents will have access to amenities including a dog park and lounge, children's play areas, a pool, fitness rooms, sky lounge and spa, among others.

Groundbreaking and construction timelines have yet to be unveiled. Financing has not yet been finalized, according to the Austin American-Statesman.

See original article at: http://www.bizjournals.com/austin/blog/real-estate/2015/04/skyline-scraper-new-high-rise-condo-tower-will-be.html


Tricia Shirk Headshot
Author:
Phone: 541-419-7703
Dated: January 14th 2016
Views: 224
About Tricia: My name is Tricia Shirk, I am originally from Oregon and now an Austinite since 2014. I love explor...

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