70 Rainey slated for late 2018 completion

WHAT WE REPORTED Construction at 70 Rainey St., Austin, began Aug. 2. The condominiums—designed by architecture firm Page Architects and Design Workshop—feature more than 20,000 square feet of outdoor amenity space, including a dog park, an infinity pool and waterfall, garden alcoves, a bonfire pit and an herb garden.

THE LATEST The 34-story tower is scheduled for completion in the late fourth quarter of 2018. It will feature a restaurant on the ground floor. The developer received a $106 million construction loan through ACORE Capital to complete the project.

WHAT'S NEXT Real estate firm Sackman Enterprises is developing the condos, which will include 164 residences.

70RaineyMap70 Rainey
70 Rainey St.
Austin • 512-476-7010

This story is one update from The January Issue. View the full list of 5 notable development updates in Central Austin here.