Gables Residential has commenced construction on a new 18-story apartment tower on Lamar just across from Cesar Chavez and Ladybird Lake. The new project is the second face of its Park Plaza development. It will have 222 units and will open in 2013. Fortunately, it’s more attractive than it’s larger, shorter Park Plaza neighbor.
The project will also feature 14,000 square feet of retail which may be the most accessible retail to the hike and bike trail. A new pedestrian bridge across Cesar Chavez makes the retail spaces very easy to access from the trail. Over the next few years, the area to the East of the new tower will also be developed as Seaholm and Green Water Treatment sites see new activity. In the end, the Park Plaza development will book end a new neighborhood that spans from the convention center to Lamar along 2nd street.
The new 18-story Park Plaza Tower
Rendering by Ziegler Cooper Architects