The 74-story building will be more than 300 feet taller than the Independent, Austin’s tallest, and 20 feet taller than the state’s current champ, the JPMorgan Chase Tower in downtown Houston.
- 3.3 acres at 98 Red River St.
- A 251 room hotel, Hotel Austin
- 352 luxury apartment homes
- 700,000 square feet of office space
The developers, Lincoln Property Company and Kairoi Residential, said Waterline will serve as a new gateway from the Central Business District to the Rainey Street district.
“Waterline marks a new milestone for downtown not only because of its height but also because of the positive impact this project will have on improving connectivity, enhancing public amenities, and attracting more people to this beautiful area of downtown,” Seth Johnston of Lincoln said.
A Canadian pension fund manager is the project’s primary owner.