Betty Epperson of Epperson Realty Group

News > High Rises Rising in Austin

published on 2016-04-21

Austin is a great place to live and has seen a remarkable 30 percent population growth since 2000 so it's no wonder high rises are rising in Austin. These days it seems like there's a construction crane on every other corner downtown. The Texas capital shows no signs of slowing down either. According to a 2015 report from the Urban Institute, Austin is on track to grow at least another 30 percent by 2030 and as much 80 percent!

Austin is already now the 11th largest U.S. city and, according to the city's planning & zoning department, has just crossed over into being a majority-minority town. This means no single ethnic or demographic group dominates. The report cites ten reasons for this shift but among the most compelling are the increasing numbers of affluent Latino and Asian homebuyers investing in Austin's highly sought after urban real estate.

So as cool and laid-back as Austin already is, the live music capital of the world is also quickly becoming genuinely cosmopolitan and cutting edge. While city planners and long-time residents strive to "Keep Austin Weird" and maintain her unique character they also welcome her growth. Developers are going vertical to offset the bullish land values. At the same time, the architects and designers are strongly encouraged to harmonize with the existing landscapes and incorporate the character of their neighborhoods.

There are five large-scale high rise residential towers, scheduled to rise into the skyline in downtown Austin. Almost all of them will be taller and generally more luxurious than the high rises built over the last decade. They are also using more "green" building practices. All of them are up-scale mixed used communities that encourage social networking via enhanced on-site amenities.

So without further ado, here they are by summary description and approximate date of completion. Reliable prices per square foot are not available at this time.

Austin Proper is a 32-story luxury hotel with 99 elegant residences in the 2nd Street District. It's a LEED Gold certified luxury community with designer interiors, access to the hotel's amenities and views of the lake, Zilker Park and downtown. Austin Proper expects to deliver Spring 2017.

Seventy Rainey is a sleek, glass 35-story condo tower with 19,725 square feet of outdoor green space. The lower floors have wood exteriors with vertical gardens. It is located directly across from the Mexican American Cultural Center with lake and city views. 70 Rainey opens Fall 2017.

Fifth and West is a 39-story mixed use residential tower in the Market District with two interior floors of common living and lounge space. Residents will be in the heart of businesses, boutique shops and walking distance to the lake and hike and bike trail. Fifth & West opens fall of 2017.

The Independent (aka "The Jenga Building") is a 58-story tiered glass residential tower that boasts being the tallest high rise west of the Mississippi. It is located between the Second Street and Market Districts on the Shoal Creek Greenbelt. Amenities include 20,000 square feet of pool, heath, spa, restaurant and lounge space. The Independent opens Spring 2019.

Waller Park Place is a three acre development that features three towers: a 46-story residential tower, a 21-story office building with a green grocer on the ground floor and a 38-story luxury hotel with retail and private condo residences. It rests on the banks of Waller Creek with lake and city views. Waller Park Place expects to deliver everything simultaneously. There is no known date of expected completion at this time, though demolition is currently in progress.

You can be represented by a buyer's agent for any of these new Austin Highrises at no expense to you.  It's a good idea to work with an agent that knows the market, and we are condo specialists.  Contact us for more information.

Can't wait until 2017?  Check out the Austin high rises that are ready for occupancy right now.


Though not guaranteed, information and statistics in this article have been acquired from sources believed to be reliable.

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Min Price$399,900
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Information Deemed Reliable But Not Guaranteed. The information being provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information, including square footage, while not guaranteed, has been acquired from sources believed to be reliable.

Last Updated: 2023-12-03