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AUSTIN | 5th & Red River | 460 FT | 37 FLOORS
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Aug 18, 2022, 3:14 PM
Urbannizer
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Join Date: Jan 2009
Location: 360, St. Edwards
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AUSTIN | 5th & Red River | 460 FT | 37 FLOORS
https://austin.towers.net/heres-our-...and-red-river/
Quote:
The 37-floor downtown Austin apartment tower planned for the corner of East Fifth and Red River Streets by local real estate developer Stonelake Capital Partners heads to the City of Austin’s Design Commission for a review of its density bonus application on Monday next week — but since we try our best to stay on the ball around here for the sake of our beloved readers, we’ve got an early look at the tower for you, which at the moment is going by the working name 5th + Red River.
The old Carmelo’s building — originally built as a boarding house in 1872 and known on its historical marker as the Old Depot Hotel — will be restored with the help of local preservation firm O’Connell Architecture for use as a retail space adjacent to the new tower, with the new construction mostly rising from the area now occupied by the site’s parking lot. It’s nearly an ideal scenario for infill development, preserving a historic downtown structure while bringing 242 new residences to market.
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