"New 43-story tower breaks ground in Austin's Rainey Street district"
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Austin American-Statesman reports, "a 43-story apartment tower is the latest high-rise to start construction in the booming Rainey Street area in downtown Austin.
High Street Residential, along with MSD Partners and River Street Partners, said started construction has bgun on the tower, which will rise 500 feet at River and Rainey streets on downtown's southeastern edge. It will have 377 upscale apartments, ranging from studios to three-bedroom units and penthouses.
Called 700 River (initially River Street Residences), the tower will include 3,400 square feet of retail space and more than 30,000 square feet of amenity space, according to the developers. The high-rise is due to be completed in late 2024.
The project is part of wave of growth…
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