If you’re a Millennial (18-34), and you want to live in Austin Texas, one of the top destinations for you to consider is Rainey Street.
Although it’s officially identified as an “historic district”, Rainey Street in Austin Texas has a young vibe because it’s been a primary destination for Millennials in recent years who are attracted to the cool bungalow style homes, bars like Austin’s Container Bar, and so much more.
Get To Know Rainey Street
Rainey Street has 31 buildings that were built in the 1930’s, and it was added to the National Register of Historic Places in the 1980’s.
Since 2004 Rain Street Austin has seen a major overhaul and the area has turned from being a sleepy neighborhood, to a thriving part of Austin, especially since Rainey Street is so close to the Austin Convention Center.
Yes the Rainey Street District in Austin has gone through a huge makeover in the last 12 years and it’s paid off for Austin since Rainey Street also offers an eclectic blend of restaurants, food trucks, Austin tacos, Texas BBQ, and live music venues that keep bringing visitors back to Rainey Street and inspiring Millennials to move to the area.
60 Story Mixed Use Tower Coming To Rainey Street
If you plan on relocating to Austin another reason to consider Rainey Street is a proposed 60 story tower that’s planned for the area.
The project is proposed for the current location of the Villas on Town Lake condos and when it’s completed the tower will be the tallest building in Austin Texas, offer over 400 luxury apartments and be the perfect destination for anyone who wants to live and work on Rainey Street.
Dallas based contractor: The Sutton Co. beat many other bidders with a $50.8 million bid for the future location of their 60 story tower which also may have a 2nd tower on site which will have 200 hotel rooms and 200 condos as well.
Mac Pike, chairman of The Sutton Co., said developers could have a site development permit in hand from the city in about a year, for a projected mid-2017 construction start.
Learn More about Rainey Street Austin
For more information about Rainey Street Austin, or to view homes for sale in the area, contact the Kent Redding Group today by calling us at (512) 306-1001 or click here to connect with us online.