a 43 storey residential tower It was built for the corner of Rainey and River streets in downtown Austin’s fastest growing neighborhood. 700 River Street Since early this summer, I’m glad that its developer has finally made it official. river street residence, The 400,000-square-foot tower as it is now called 700 River is the vision of high street housing, Subsidiary of a prominent Dallas real estate company Trammell Crow Company, Working with a national investment organization based in New York MSD Partners and a local developer River Street Partners.
include 377 units Ranging from studios to three-bedroom residences, the towers include 3,400 square feet of above-ground retail and over 30,000 square feet of residential amenity space. Followers of the blog may recall the efforts this project made to secure a vacation on public roads. Pedestrian access to alleys Between Rainey Street and East Avenue — Today’s groundbreaking announcement doesn’t mention this feature, presumably out of an understandable desire not to sound like a giant nerd, but this believes to be a real step forward for district mobility and street-level placemaking potential, Rainey continues to rise.
Given Rainey Street’s vertical growth rate in recent years, one of the more obvious advantages of the 700 River Tower corner lot is the unobstructed west-facing view of Lady Bird Lake.low rise Emma S. Barrientos Mexican American Cultural Center Directly across the street — The facility is not expected to increase significantly in height even though it is slated to double in size. years to come.
Since the plan we saw in 2020, this final version has a slightly reduced tower size. 571 To 500 feet, Or 48th to 43rd floors.Initial news of the development focused closely on the involvement of the San Antonio architectural firm flat lake, Known for projects like Austin’s new work central library Integrating local materials and sustainable features, Texas design language.
That emphasis seems less prominent in today’s announcement, two years later, by the Dallas-based project architect. HKS It still works with Flat Lake today, according to a press release, but some changes to the tower’s design have made the latter company less prominent. podium. Compared to the final rendering above, here’s what the tower looks like in 2020:
According to today’s release, the 700 River Project offers near-direct access to the lake’s hiking and biking trails, offering clear benefits to tower residents. trail conservancy — fka trail foundation, In case you missed it all — as your next sponsor Rainey Street Trailhead Project, We’ve been following almost obsessively about its potential as the district’s premier public outdoor space, ready for a little more use.
700 River’s development team includes general contractors DPR construction, with partners No Walls Studio, Civilitude, Thornton Tomasetti, Blum Consulting Engineers, Campbell Landscape Architecture, Clodagh Design, When Waldrop + Nichols Studio. According to today’s announcement, the building must be LEED Silver and Fitwell certified, as well as a two-star rating from Austin Energy’s Green Buildings Program. Downtown Density Bonus Program. The tower is currently scheduled to be completed by the end of the year. 2024.