High Street Residential, the residential subsidiary of Trammell Crow Company, BDT & MSD Partners, and River Street Partners announce that construction has topped out at 700 River in Austin, Texas.
“We are grateful to DPR Construction and our many project partners for helping reach this important construction milestone safely and ahead of schedule. We are eager to open our doors this fall and offer residents an environment of uncompromising design and service,” said Matteo Pacifici of HSR. “700 River will provide an escape from the city, with its scenic views, convenient access to lakeside trails, and a range of wellness-focused amenities. The property will deliver a world-class cosmopolitan experience.”
Rising 43 stories, 700 River will include a mix of studio to three-bedroom apartments, in addition to a limited number of penthouse units, all with unobstructed views of Lady Bird Lake. Residents of the tower will have access to more than 30,000 square feet of private on-site amenities and will have the Butler Hike-and-Bike Trail at their front door.
HKS is the project’s architect, with collaboration from Lake Flato Architects. DPR Construction is acting as the general contractor. Other project partners include No Walls Studio, Civilitude, Thornton Tomasetti, Blum Consulting Engineers, Campbell Landscape Architecture, Clodagh Design, and Waldrop +Nichols Studio. The building will seek Austin Energy Two Star Certification, LEED Silver, and Fitwell Certification.
High Street Residential, the residential subsidiary of Trammell Crow Company, specializes in the development of multifamily housing. We have a deep background in urban, infill mixed-use residential development, as well as the redevelopment or repurposing of existing facilities. In the last 15 years, the firm has completed over $4 billion with a current pipeline of nearly 3,500 units.
