Admittedly, I was one of the disappointed spectators when the original concept, proposed as “7Rio”, was reduced to 23 stories.
Still, for the past 18 months, or so, many of us have been eagerly watching the construction site at the corner of 7th @ Rio Grande. Earlier this year I speculated that Seven could even “go condo,” but it appears that multi-family development continues to have legs.
Now that downtown Austin’s Seven Apartments is approaching completion, and will be delivering residences this winter, we were invited to take a hard-hat tour of the tower. This would be a great opportunity to get some insight into a new community that’s about to open in our neighborhood. I could also start to compare how Seven will compete with existing downtown Austin apartments for rent.
I love taking hard-hat tours. There’s no better opportunity to see the guts of a building. For me, riding up the bone-jarring ear-splitting construction elevator adds to the excitement. Peeking through the elevator’s diamond perforated sheet metal, accepting your fate as it creeps higher, you get a unique sense for how each additional floor impacts your perspective of what’s around you.
Here’s what we know about Seven:
Average Residence Size = 924 sf
Average Price per SqFt = $3.05 per month
Number of floors = 23
Number of residences = 220 (172 1bds, 48 2bds)
More pictures from the tour after the jump!