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Nearly 50-story condo tower in Rainey district expected to break ground next year

A Pearlstone project at 84 East Ave., near the developers' latest tower plans. (Pearlstone Partners)

The latest move adding to the Rainey Street district’s rapid growth is a 48-story residential tower set to start construction next year.

The high rise will be built on tracts spanning from 62 East Ave. to 64 East Ave. The local developers behind the project, Pearlstone Partners, told the Austin American-Statesman that the plans are in preliminary stages but they are picturing 245 condo units in the nearly 50-story tower.

Plans for the tower come as Austin's party districts, including Rainey, enjoy pandemic recovery with record high alcohol sales and revived foot traffic.

The next steps for the project are having it undergo the city’s development review process as well as the downtown density bonus program if the developers choose to increase height and square footage.

Another condo tower Pearlstone is creating in the Rainey district is a 41-story high rise slated to have a rooftop pool, co-working space, a dog park and more. The developers have been busy around Austin lately with other condos, including a residential and commercial development at Mueller, office space on East 5th St. and more.

For now, the newest Rainey project is looking at a timeline of breaking ground late next year and targeted completion in 2026.


Tito's releases (not so?) ugly sweater line for the holidays, profits to charity

Tito's Handmade Vodka

Show your love for Tito's and for the community this year with a wide selection of not that ugly, uglyish, ugly, uglier, and ugliest holiday sweaters.

There's lots choose from, and plenty of accessories like scarves and socks, plus gear for your dog, too.

All of the items can be purchased online or at the Love, Tito’s Retail Store in Austin, TX. 100% of all net proceeds from online or in-store purchases go to one of the nonprofits we’ve teamed up with.

Click here to see the entire collection in the Tito's store.

Mac and Cheese Fest and Free Art Exhibit
Waterloo Greenway, Good Vibrations Installation

🗓 All weekend

🎨 Creek Show Art Exhibit

Check out this highly anticipated art exhibition with illuminated art along Waller Creek. Tickets are free and the event includes food vendors, dazzling lights, live music, and hands-on activities

All weekend 6 p.m - 10 p.m | 📍Waterloo Park

✨ Mozart's Light Show

This iconic holiday tradition lights up for the first time this holiday season starting this weekend! Reserve your spot for an enchanting light and sound performance, delicious hot cocoa, sweet treats, and some overall fun with your friends or family. The show runs till January 6th.

6 p.m and 9 p.m | 📍Mozart's Coffee Roasters - 3825 Lake Austin Blvd, Austin, TX 78703

🗓 Saturday

🥊 Kickboxing in the Park

This fitness event is free and open to the public. Get your morning started right with a "Fitness in the park" class for kickboxing! The class will be led by certified instructors and is a great way to get a cardio workout in while also honing your self-defense skills.

10 a.m - 11 a.m | 📍 Metz Park

🛍 The Front Market

Support local LBGTQ+ and female artists at this outdoor market with over 150 vendors. Get your holiday shopping out of the way at this event, with vendors for food trucks, handmade goods, raffles, hands on workshops and activities, and more.

11 a.m - 5 p.m | 📍Ani's Day and Night - 7107 E Riverside Drive, Austin, TX 78741

🗓 Sunday

🧀 Mac and Cheese Fest

Did someone say cheese?! If you're like me and always willing to get your hands on a bowl of mac and cheese, then this event is for you. Check out the Mac and Cheese festival happening this weekend to decide which vendor has. the best mac and cheese for yourself, and enjoy the bar with creative cocktails while you're at it. Tickets start at $45.

11 a.m - 3 p.m | 📍Lantana Place - 7415 Southwest Parkway