A 64-story tower that could become Austin’s second tallest high-rise is being planned for a site overlooking Lady Bird Lake, in the booming Rainey Street District on downtown’s southeast side. The cost to build the tower, including land and all other associated costs, is estimated at $540 million, according to the developer, M2 Development Partners, an international real estate development and investment company.

Full Article here: Downtown Austin tower would become city’s second-tallest

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