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  #1  
Old Posted Jul 4, 2014, 9:29 PM
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AUSTIN | Natiivo / Austin (48 East) | 358 FEET | 33 FLOORS

The article states it's a 35-story tower, but I only counted 28 floors in the rendering and it seems to be about 300 feet or so.

http://www.bizjournals.com/austin/pr...ney-tower.html
Quote:
Jul 4, 2014, 5:00am CDT
Lee ready to tackle Rainey tower

Jan Buchholz
Staff Writer-
Austin Business Journal

Austin developer Robert Lee is gaining momentum in the hot infill business and is about to embark on his most ambitious project yet — a $100 million, 35-story apartment complex that will be built around the corner from SkyHouse Austin, the glitzy new apartment complex recently completed by Atlanta-based Novare Group in the Rainey Street District.

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Old Posted Aug 11, 2015, 12:22 AM
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New renderings featuring a different design have surfaced:

http://stgdesign.com/portfolio/in-pr...-family-tower/











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Old Posted Aug 11, 2015, 12:30 AM
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I am #living for this design. #yaaaaaaaaasqween
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Old Posted Aug 11, 2015, 12:52 AM
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Wow. That's gorgeous.
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Old Posted Sep 12, 2015, 4:43 AM
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Quote:
Originally Posted by KevinFromTexas View Post

It looks to be around 360 feet or so. Windsor on the Lake is 339 feet, and Skyhouse is 264 feet.
Well, I was close on my estimation of the height...

They posted the site plan today. The elevations are on pages 19 and 20.

ftp://ftp.ci.austin.tx.us/ATD_AULCC/...enue_PLANS.pdf

The heights are:

370 feet to the high roof
360 feet to the low roof
350 feet to the 33rd (top floor). There's also a 33rd floor setback on the building's north side at that height.

This building is going to be soooo fine.
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Old Posted Sep 12, 2015, 6:14 AM
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Construction scheduled to begin in May. My favorite side of this building is the one facing south.

Quote:
Originally Posted by The ATX View Post
Here are those elevations from Kevin's link:


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Old Posted Jan 23, 2017, 12:52 AM
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Latest iteration features a more conventional design:

https://www.stgdesign.com/48-east



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Old Posted Apr 2, 2018, 6:14 PM
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Construction is planned to start within 6 months.

https://www.bizjournals.com/austin/n...st-avenue.html
Quote:
Developer details timeline, switch to condos for sky-scraping downtown tower
48 East Avenue project adds luxury amenities to bustling Rainey Street amid condo boom

By Marissa Luck – Staff Writer, Austin Business Journal
5 hours ago

As one condo high-rise wraps up, another one begins. The developers behind a 33-story condo tower in the Rainey Street Historic District say they plan to break ground on the project by the end of the year.

48 East Avenue was first proposed about four years ago as an apartment tower, but now Pearlstone Partners said it will build 215 for-sale condominiums instead.
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Old Posted Feb 22, 2019, 12:01 AM
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Site cleared:


48 East Ave by Darius Fontenette, on Flickr
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Old Posted Feb 22, 2019, 1:45 AM
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That’s a lot of parking garage back there.
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Old Posted Feb 22, 2019, 2:41 PM
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Is that an alley or a street? Appears to be an alley based on the aerial rendering.
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Old Posted Feb 22, 2019, 3:27 PM
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Quote:
Originally Posted by colemonkee View Post
Is that an alley or a street? Appears to be an alley based on the aerial rendering.
East Avenue is a street.
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Old Posted Feb 23, 2019, 7:18 PM
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Quote:
Originally Posted by colemonkee View Post
Is that an alley or a street? Appears to be an alley based on the aerial rendering.
The photo was taken from East Avenue looking into the lot at 48 East Avenue, but those parking garages border an alley on the other side of the property.

https://www.google.com/maps/place/48...2!4d-97.738827
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Old Posted Apr 30, 2019, 7:06 AM
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Old Posted Jun 20, 2019, 2:48 AM
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‘Airbnb-Powered’ Home Sharing Concept Natiivo Heads to Rainey Street District

Quote:
The long-awaited tower project at 48 East Avenue in downtown Austin’s Rainey Street District won’t be home to either condos or apartments, as previously reported during various stages of the development’s roughly six-year lifespan — instead, the 33-floor building will be built as a 249-unit hotel, but that’s really only half the story.

In line with reports from this site back in January, the 48 East Avenue project will indeed rise as a “Powered by Airbnb” community designed for home sharing, but rather than the Niido brand previously anticipated, the property will instead soon become the first location of a new hospitality concept called Natiivo.

According to a press release issued today, Austin real estate firms Pearlstone Partners and the Miami-based Newgard Development Group are jointly developing the building, which will be operated by NGD Homesharing, another Miami firm behind both the Niido and Natiivo brand concepts. Newgard CEO Harvey Hernandez is also the founder and CEO of NGD Homesharing, which currently operates Newgard-owned Niido properties in Orlando and Nashville. The Austin Natiivo is scheduled to open in September 2021, with a 48-story Miami location expected by Spring 2022 and “planned expansion to additional U.S. cities underway.”

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Old Posted Oct 9, 2019, 10:00 PM
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