Home Real Estate Riverside Set to Build 300-Unit Austin Apartment Project
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Riverside Set to Build 300-Unit Austin Apartment Project

There is a lot to be done between now and then. Then is most likely two years. The plan is for developer Riverside to take over a multi-acre surface parking lot of the 7600 Burnet office tower, which contains a Chase Bank and several other tenants. The Chase Bank will go, the office building will stay.

The demolition permit is now being sought by Riverside, and its development team will clear a path for two apartment structures that will make up 300 units, 10% to be subsidized housing. The project will fully subsidize a total of 30 income-restricted apartments in the building for individuals or families earning no more than 80 percent of the regional median family Income( MFI)).

The plan is set to break ground in the first half of 2024, with construction expected to last about 24 months. GDA Architects will design the project.

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