National real estate development firm Intracorp, based in Vancouver, has very casually dropped a press release this afternoon that completely changes the game for tall development in downtown Austin's Rainey Street District, with the announcement of a 51-story condo tower planned at 44 East Avenue -- that's directly next door to the Windsor on the Lake apartment tower and down the street from the planned 33-story condo tower at 48 East Avenue.
The new residential development located on East Avenue on the corner . . .
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