The developers of two upscale residential towers in downtown Austin recently released new renderings of the high-rises that are expected to help reshape the city’ skyline.
New York-based Sackman Enterprises is building 70Rainey, a 34-story condo tower under construction on Rainey Street on downtown’s southeastern edge. The high-rise will have 20,000 square feet of landscaped outdoor amenity space that Sackman officials said will make it like “a park in the sky.”
The tower will have 164 luxury condominiums and is slated to open in the fall of 2018. Units will range in price from the mid-$400,000s to more than $4 million.
The building was designed by Page Architects, and the landscape architect is Design Workshop.
On downtown’s southwestern edge, another condo tower, The Independent, is under way in the Seaholm District. The building’s stacked, cubed design has earned it the nickname “the Jenga tower.” It will be Austin’s tallest building, and the tallest residential tower west of the Mississippi.
More than 55 percent of The Independent’s 370 residences are under contract. Prices for the units range from the low $400,000s to more than $3 million.