Austin: Lincoln Property Company Constructing Tallest Building in Texas
Feature Photo: Artist rendering of the ground floor of the proposed project by WGI.
by Art Benavidez
Austin (Travis County) — A mixed use, 74-story tower being developed by the Austin-office of Lincoln Property Company and Kairoi Residential is expected to become the tallest building in Texas.
Augustine Verrengia, a WGI civil engineer, wrote a LinkedIn post where he stated that the project had received a permit in order for construction to begin.
“The 98 Red River tower is officially permitted! Rising over 1,000 feet tall at the corner of Cesar Chavez & Red River, this tower will be the tallest in Texas once constructed and brings over 70 stories of hotel, office and residences to the Rainey Street district,” he wrote.
Verrengia added that the rest of the project team will include Dallas-based HKS, Inc., KPF, TBG Partners, Nudge Design and DPR Construction.
On Aug. 9 2021, an architectural barrier project report was registered with a state regulatory agency stating that the square footage of the building with the working title Waller Creek would be 2,700,000.
The tower would include office, retail, hotel and apartment residential uses with an estimated cost of $520 million.
Art Benavidez (Construction News Reporter, Central Texas) is a seasoned journalist with over 15-years of experience in writing breaking news and in-depth features at the local level. He honed his research and reporting skills in newspapers and magazines throughout South and West Texas along with expertise in crafting digital content as Managing Editor of New Image Marketing Research Corporation. Benevidez is a Texas native and graduate of UT-RGV.