AUSTIN – Lincoln Property Company and Kairoi Residential have broken ground on Waterline, a 74-story high rise at 98 Red River St.
At 1,022 ft, the project will be the tallest tower in Texas, beating out Houston’s JPMorgan Chase Tower by 20 ft.
Waterline will have 352 apartment units, 700,000 sf of office space, and the 251-room 1 Hotel Austin.
Three floors of underground parking will be available for residential and hotel users, and above-ground parking will be available for office users.
Construction wraps in 2026.
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Source: Austin Business Journal