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.
[…] projects already underway — Encore SoFlo by Dallas-based Encore Enterprises and a project by Austin-based Argyle Residential — will add about 682 residential units in a pocket of mostly empty lots and boarded up buildings […]
[…] July 6, 2018 The Historic and Design Review Commission (HDRC) approves certain portions of the development to go up in height by a floor—from five to six. Read more. […]