Developers broke ground on a new 50-story residential tower at 80 Red River St., Austin, on March 24.

The Travis, a 423-unit luxury development in the Rainey Street District, will overlook Lady Bird Lake. Amenities will include access to hike and bike trails, a clubhouse, rooftop pool, a coffee shop and fitness facilities.

The building is a project by JE Dunn Construction Co., the company building Austin’s second-tallest tower at 600 Guadalupe St.. Genesis Real Estate Group and GDA Architects are also involved in the development.

Construction of The Travis is set to be finished in fall 2024. Upon completion, the building will be the city’s tallest for-rent, multifamily tower.