This project will probably be worthy of its own thread when we get more info as soon as Monday. The site plan went into review last Wednesday, so the formal site plan could be added to the site plan application online sometime Monday. The site plan application refers to the project as "River Street Market & Hotel". But the uses are both hotel and residential.
https://abc.austintexas.gov/web/perm...rtyrsn=1121218
Here's the location map from AULCC. The project is referred to as a hotel/apartment building with a parking garage.
ftp://ftp.ci.austin.tx.us/ATD_AULCC/...202019/190502/
Here's the ground floor from AULCC. It looks like the business on Rainey St. may be incorporated into the project.
ftp://ftp.ci.austin.tx.us/ATD_AULCC/...202019/190502/
The project location on Streetview: