More than 40 towers planned for downtown Austin
Developers have plans for an unprecedented number of downtown high-rises — so many that the Austin skyline will be nearly unrecognizable in the near future.
Builders are bolstered by news that Austin ranked as the most recession-proof large city in the U.S. They’re emboldened by the fact that corporate relocations are coming at record levels. And they’re giddy that 2021 is expected to be a banner year for population growth, with experts projecting the Austin housing market will be the nation’s hottest in 2021
In the middle of it all is Austin’s Central Business District — downtown. We decided to take a fresh look at all the towers either going up or firmly on a drawing board. ABJ estimates there are at least 43 towers planned or being worked on downtown or just outside it, up from the 37 we counted about 10 months ago just before the pandemic took hold.