Construction has begun on a new 31-story apartment tower in downtown Austin.
The Legacy@Town Lake is the latest high-rise to break ground amid downtown Austin's building boom. The 187-unit luxury apartment tower is located at the intersection of Rainey and Cummings Street.
The units will be from 650 to 2,900 square feet, and the rental rates are projected to range from $1,300 to $7,000, with the average rent projected to be $2,300. These units will not be offered for sale at this time.
Legacy@Town Lake’s planned Grand Opening is for fall 2008.