AUSTIN (KXAN) — There will be another major addition to Austin’s skyline. Constructive Ventures plans to build the tallest structure in town — and the tallest residential tower west of the Mississippi. When it is built,The Independent will be 685 feet tall and will be home to 370 condos — which means an array of condo sizes and pricing. Units will range from 675- to 3,485 square feet, with floor plans featuring one- to three bedrooms. Units will range in price from the mid-$300,000s to over $3 million.
The 58-story condo is going up at Third Street and West Avenue near the Seaholm Development. Still, with no word even on a groundbreaking date, there is no word on when the 950,000-square-foot project will be completed. The groundbreaking date and a construction timeline are expected to be announced within a few months.
“We intend to build a tower that’s truly reflective – in its name, architecture, finishes, views, location and amenities – of Austin,” said Greg Henry, founder and CEO of Aspen Heights. “A building of this prominence should be mindful of not only a diverse set of future residents, but the entire community as well.”
Officials behind the project say both the “name, The Independent, and innovative design embody the bold, energetic and entrepreneurial spirit that bolsters Austin’s economy, reputation and success.” They say the diversity of floor plans and amenities mirror the growing diversification of Downtown Austin’s residential base. Building amenities will be housed on two full floors, including a children’s activity room/playground, dog park/lounge, pool, fitness center, yoga and barre studio, multiple club rooms, sky lounges, spa area with steam showers and a massage room, guest suites, theater, business center with conference rooms and more.
“Residents at every age and stage of life can comfortably call this tower home – a real first for Austin – and that’s because of all the building’s distinct attributes,” said Perry Lorenz, principal of Constructive Ventures, noting the site’s proximity to downtown’s trail network, new library and myriad of dining and shopping options. “In addition to our own on-site amenities, the site’s location is at the nexus of some of Austin’s greatest amenities.”
The City of Austin and Constructive Ventures entered into a master development agreement with the City of Austin for the 1.7-acre site, which is the former Austin Energy Control Center location, back in 2010. The City’s Economic Development Department is leading the project on behalf of the city.
The desire to accommodate all phases of living drove much of the floor plate and floor plan design, said Brett Rhode, principal with Rhode: Partners, the project’s architect. Given the building’s height and prominence on the skyline, “the team also felt compelled to create something visually unique and original.” Rhode says “Independent’s modern design was inspired by Austin’s bold and dynamic spirit. The movement between the building’s tiers represents life and action, an outward reflection of the lifestyle the team is creating in the interior of the building as well as with the surrounding community.”
“These are homes gathered into an instantly recognizable presence on the city’s skyline – unique in the way it draws you closer to it. A tall building with a collection of place to live, experience and grow,” Rhode said.
“This project is slated to make history in so many ways,” said Kevin Burns, broker and CEO of Urbanspace. “From the building’s positioning in the new center of downtown, to its design, floor plans, breathtaking views, amenities, and ground-floor community experience, there’s a real potential to leave a lasting legacy with our city – and potential buyers recognize that. The Independent will elevate Austin to a new level of residential offerings, and to me, it’s a great precursor of what’s to come.”