New condo project set to start in downtown Austin





By Shonda Novak
October 14. 2014

Downtown Austin is about to see its fifth-tallest building break ground.

The 39-story tower is planned for the northeast corner of Fifth and West streets, where the building that housed the Texas Press Association sits. Demolition on that building will start later this month to make way for the new tower, which will bring 154 new luxury condos to market when it opens in the fall of 2017. Units will start in the $500,000s, said Scott Dunaway, a spokesman for the developer, Riverside Resources.

Riverside Resources is an Austin-based firm that’s leaving a significant imprint on the local market. The company built the Whitley apartment high rise downtown, which it has since sold, and is under construction with a new office building near Capital of Texas Highway (Loop 360) and Bee Cave Road, among other projects.

Called Fifth & West Residences, the project will be the second condominium tower to be under construction downtown.
New condo project set to start in downtown Austin | www.statesman.com