Rejuvenate Rainey
At the corner of Cesar Chavez and Red River keep an eye out for the largest private development project Downtown Austin has seen. The site will be the home to Waller Park Place a three tower development. Tower “A” will be an office building, Tower “B” will become a Multifamily apartment, and Tower “C”, will be a hotel condominium. Mixed-use development is the poster child for pedestrian friendly environments, and Waller Park Place has landed the jackpot for walkability. With so many things to do around the area such as jogging, eating, shopping, or just enjoying the Austin lifestyle, this has it all!
The proposed development by The Sutton Company incorporates the natural curves of the creek and enhances the area with terraces for people to enjoy the scenery. The 3 acre site is said to have 300,000 sq ft of office and residential space, 150 room hotel, 498 residential units, and 600,000 sq ft of retail space. The IBI Group is heading up the architectural design and aims to create a dramatic and sensory experience for all visitors.
This development is going to boost the overall worth of the Rainey Street area so get ahead of the curve and find your way into one of these new towers. Not only is this development going to help the economy and growth of Rainey, but it is also said to be in compliance with Austin Great Streets Program!
Get the best of both worlds with the new oasis being developed in Downtown Austin.
https://www.bizjournals.com/austin/news/2018/07/07/developer-seeks-partners-for-1-billion-downtown.html