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You are here: Home / Development Watch / First Look at 48 East: Rainey Street’s Newest Tower
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First Look at 48 East: Rainey Street’s Newest Tower

Jude Galligan September 15, 2015 Comment

The newest high-rise coming to Austin’s Rainey Street District has made the move from renderings to reality.

Developers have officially filed site plans for 48 East confirming a 35-story, 246-unit apartment building at 48 East Avenue, which will deliver protected views of the rising and setting sun.

48 East Birdseye

Specifically, the project will have:

  • 169 x 1-bedroom units
  • 64 x 2-bedroom units
  • 6 x 3-bedroom units
  • 11,250 square feet of ground floor retail

All-in-all we’re looking at about 267,750 square feet of development. No word yet on when ground will break or units will become available for early reservation.

48 east elevation 2

A couple of weeks ago, Austin Towers tipped you off that the design of the building had gone from “blah” to “bam” after the developer switched architects to STG Design.

48-east-ave-rainey-street-tower1

The newly filed architectural plans confirm that the “bam” design is locked in, and are rather striking. In a stroke of marketing genius, the building will look the best when driving by caught in traffic on I-35.

While more details emerge about 48 East, the “other” Rainey Street District tower, 70 Rainey, is still expected to happen.

48 east elevation 1

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Filed Under: Development Watch

About Jude Galligan

20+ years of Austin real estate insights. All posts are personal opinions, not professional advice.

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