5th + Red River: 37-Story Multifamily High-Rise

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https://austin.towers.net/heres-our-first-look-at-the-apartment-tower-headed-for-fifth-and-red-river/
 

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The 37-floor downtown Austin apartment tower planned for the corner of East Fifth and Red River Streets by local real estate developer Stonelake Capital Partnersheads to the City of Austin’s Design Commission for a review of its density bonus application on Monday next week — but since we try our best to stay on the ball around here for the sake of our beloved readers, we’ve got an early look at the tower for you, which at the moment is going by the working name 5th + Red River.

Remember, this is the project redeveloping the former site of longtime Italian restaurant Carmelo’s at 504 East Fifth Street, which closed in 2017 with plans for a tower here floundering through multiple developers and several unused designs before Stonelake ultimately took the wheel.

The old Carmelo’s building — originally built as a boarding house in 1872 and known on its historical marker as the Old Depot Hotel — will be restored with the help of local preservation firm O’Connell Architecture for use as a retail space adjacent to the new tower, with the new construction mostly rising from the area now occupied by the site’s parking lot. It’s nearly an ideal scenario for infill development, preserving a historic downtown structure while bringing 242 new residences to market.

With approximately 70 percent of its ground level accessible to the public, the landscape design of the tower’s outdoor spaces by well-known local studio dwg. is particularly important for the project’s amenity levels, which include the four retail spaces and public plaza on the ground floor along with two additional amenity levels for the building’s residential tenants — one on the sixth floor atop the tower’s four-level parking structure, the other a rooftop pool deck at level 37. You might catch that the angles of the streetscape’s new pavers and other landscaping features reflect the look of the tower, which is the kind of thing that makes you feel smart to notice.

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