Based on conceptual plans filed with the City of Austin, national real estate developer Wood Partners could be entering the downtown Austin apartment market with a tower at the southeast corner of Trinity @ Cesar Chavez. Recently, it was announced that the one-acre site was sold from Hixon Properties to World Class Capital Group.
The plans refer to the project as “Trinity Place.”
Even with the Lakeside apartments to the south, a 6-9 story structured parking garage would allow clear lake views for most of a residential tower. Lakeside is an aging structure, so perhaps this is an opportunity for the City to partner with a developer to provide a modernized affordable housing component. Also, I think the Convention Center could be interested this site for future expansion. Either way, it’s exciting to see something happening on this site.
Is there any additional data available? Number of units? Floors? Height?