AUSTIN – LV Collective will start work on Paseo, a 48-story multifamily tower in the Rainey Street District, in first quarter 2023.
The 557-unit tower will have one-, two-, and three-bedroom floor plans. Approximately 20 percent of units will be reserved for affordable housing. It will also have several ground-floor restaurants and residential amenities across multiple floors.
JE Dunn Construction will be the general contractor. Pappageorge Haymes Partners is the architect.
UMB Bank is providing construction financing.
Completion is slated for late 2025.
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