The Austin rental market is very very strong right now. People continue to flood into Austin, and very little central Austin capacity has been added over the last couple of years. In particular, there remains a shortage of units in downtown Austin and in South Austin -- both of which are highly desirable high rent markets.Now, a new 298 unit apartment complex is set to rise across Lamar from the South Alamo Drafthouse just south of downtown. According to the Austin Business Journal, "The planned Post South Lamar project will total 298 apartment units with an average 852 square feet . . .
