Plans for 55-story high-rise condominium building on Rainey Street announced

“The Modern Austin Residences” will feature 345 condos and 20 affordable housing units.

Author: Maeve Ashbrook

AUSTIN, Texas — New development details on a 55-story high-rise coming to Rainey Street in Austin are out, including an official name. Urban Space Real Estate + Interiors announced “The Modern Austin Residences” Tuesday, the company’s first-ever condo project.

The building will be made up of 345 condos, according to its website. It will also feature 20 affordable housing units, according to a report from the Austin Business Journal. Each unit will have one to four bedrooms.

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