A request to raise the height of a proposed 327-unit apartment building at 401 S. Main and 307 Dwyer avenues — from five to six floors — was approved last Friday by the Historic and Design Review Commission.
Austin-based Argyle Residential is building the $57 million project that will also include 5,000 square feet of retail space. The project will receive $4.4 million in city downtown housing incentives, the bulk of which are tax rebates.
According to city records, the project is scheduled to be completed in May 2020, however, construction has not begun. An interview request to Argyle Residential was not returned.
Argyle Residential built the Rivera apartments on upper Broadway, and is currently building a controversial 150-unit apartment building in Alamo Heights.