AUSTIN, Texas — The City of Austin's Historic Landmark Commission has approved the relocation of a historic bungalow on Rainey Street to make way for a 49-story apartment building, a report by Community Impact states.
The report says that the bungalow, located at 84 Rainey Street, was built around 1905 and recently served as a home to the House Party bar and some office space. With the approval of the relocation plan, the bungalow will be moved behind another bungalow bar, Reina, located at 78 Rainey Street. After its relocation, the bungalow will reopen as a bar again.
Community Impact reports that Lincoln Ventures plans to put a 49-story residential tower where the 84 Rainey Street bungalow currently sits. The 830,00-square-foot 80 Rainey project would take up two-thirds of an acre across the former bungalow property and an adjacent food truck lot, the report states.
In addition to apartments, the project would also feature 15,000 square feet of food and beverage retail space. Amenities for the tower's residents include a private pool on the top floor, a dog spa and a fitness center.
Community Impact reports that the two bungalows would remain in operation as bars just south of the proposed 80 Rainey project and an outdoor paseo would be created between the high-rise development and the bungalows.
The 80 Rainey development is set to include 644 studio, one-, two- and three-bedroom apartments, including "several dozen that could be reserved at an affordable level," according to Community Impact.
Lincoln Ventures expects to see the tower completed in the summer of 2025.
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