Construction Set to Begin on 48-Story Paseo Tower in Austin’s Rainey Street District

Paseo Tower Austin Real Estate

Smart Austin Realty Group

January 16, 2023

Smart Austin Realty Group is pleased to share that construction is set to begin on Paseo, a 48-story, 557-unit multifamily tower in the Rainey Street District in Austin. The project, scheduled to start in the first quarter of 2023, will offer one-, two-, and three-bedroom floor plans, with approximately 20% of the 644  total units reserved for affordable housing. In addition, there will be ground-floor restaurants and multiple levels of residential amenities. JE Dunn Construction will serve as the general contractor, while Pappageorge Haymes Partners will be the architect. The project looks to preserve the bungalows currently occupying the site. Completion is planned for late 2025.

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