Planned 74-story development in downtown to get luxury hotel

A 74-story tower planned in downtown Austin's Rainey district has landed a hotel tenant. 1 Hotels, which bills itself as a sustainably focused luxury brand, will join the mixed-use development at 98 Red River St., along Waller Creek. (Provided by Kohn Pederson Fox Associates, Lincoln Property Co.)

A 74-story tower prepared for downtown Austin’s Rainey district has landed a luxury lodge brand for the venture.

1 Accommodations, which bills itself a sustainably targeted luxury brand name, will sign up for the combined-use development at 98 Red River St., together Waller Creek. The project’s strategies contact for 352 residences, 686,000 sq. toes of business office place and a 251-place resort.

The tower — which will be the tallest making in Austin if accomplished as prepared — has not formally been named and 1 Motels did not say when the site is anticipated to open up. Augustine Verrengia, civil current market leader with WGI, the project’s civil engineering agency, reported before this 12 months that 98 Red River will be a lot more than 1,000 feet tall.

1 Resort Austin will incorporate a pool on the 16th flooring of the tower and will have spanning views of Austin and the Waller Creek greenway below, the corporation stated.

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