Capella Capital Partners has a $250 million dollar residential and office tower under works, near the Domain. This tower will be the first downtown-style tower in the area and will have a neighboring tower with office, restaurant and retail space available as well, and a shared seven-story parking garage for the two towers. The development will begin construction in North Austin, near the McKalla area, or the spot being scouted for a potential major league soccer stadium. The 22-story tower will host many apartments with varying floor plans, some encompassing multiple stories. Building amenities will include a pool, deck, and fitness center. Capella hopes the development will be finished in 2021, and construction will potentially begin early next year.
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