A local developer is proposing another residential tower in downtown Austin.
Pearlstone Partners plans to build a 32-story residential tower with 220 condos at the corner of Lavaca and West 14th streets, the Austin American-Statesman reported. The tower will rise across the street from the 13-story SXSW Center. The lot, which previously held two vacant buildings, is located immediately west of the Texas Capitol.
The project is in very early stages and not likely to break ground this year, Pearlstone senior vice president Chris Zaiontz told the outlet.
This is one of multiple condo towers Pearlstone has underway in central Austin.
