Paseo is a 49-story multifamily development planned for the heart of Rainey Street in Austin, Texas. We believe that the old bungalows, locally-run bars, and pedestrian-friendly streets are what make Rainey special and desirable to Austinites and visitors alike. We intend to add to Rainey and while maintaining its charm. The property will offer studio, 1-, 2-, and 3-bedroom bedroom apartments with expansive views of Austin from the upper floors. 28 units of the development are designated affordable housing.
Reaching New Heights of Austin Living
Carefully curated, Paseo’s amenities will include a best-in-class fitness center with yoga and spin studios and an on-call property concierge. Residents will enjoy a private rooftop pool and sky lounge on floor 49, and amenity decks and coworking spaces with private work pods and collaborative conference rooms stretching from floors 11-13.
“Warm Days & Rainey Nights.”
The tower’s ground and second-floor retail space will include several food and beverage concepts, over 5,000 square feet in size, and a dedicated 2,200 square foot space for Fleet Coffee serving coffee during the day and cocktails at night. The retail space facing Rainey Street will feature a special elevator lobby to take the public up to the 11th floor pool deck and bar. This will be Rainey Street’s first publicly accessible foray into the sky.
Paseo enhances the energy of Rainey street with its intentionally designed amenity spaces and 49-story views, without sacrificing the charm of the neighborhood.