AUSTIN – Locally based Pearlstone Partners and New York-based ATCO Properties & Management will break ground this month on Vesper, a 41-story residential high-rise.
The condominium tower will be on 0.41 acres at 84 East Ave. in the Rainey Street Historic District.
Vesper will have 284 residential units averaging 975 sf. Ten unis will be reserved for households earning up to 80 percent of the area median family income.
Amenities will include:
a rooftop community clubhouse with a sky-deck pool, cabana, outdoor kitchen, fireplace, and lounge;
fitness studio with private spin and yoga studios;
sky dog park, lawn and dog-washing station;
community courtyard and gathering table;
ground-floor coworking space; and
rear lobby with public art gallery and mural showcasing local art.
The first units will deliver in 2024.
Other project partners include architect STG Design, civil engineer Wuest Group, designer McCray & Co., and general contractor AECOMHunt.