Genesis Completes 423-Unit Travis Tower on Austin's Rainey Street

Rendering of The Travis apartment tower in Austin

Genesis Real Estate Group and PGIM Real Estate have completed The Travis, a 423-unit rental high-rise with a 550-space garage at 80 Red River St. in Austin's Rainey Street district, financed with a $173.4 million construction loan.

Genesis Real Estate Group has completed The Travis, a 423-unit apartment tower at 80 Red River St. in the Rainey Street district of downtown Austin. The Richardson-based developer built the project in partnership with PGIM Real Estate, and the building is now leasing, with studios starting at about $3,000 a month.

The tower includes studios, one-, two- and three-bedroom apartments and penthouses ranging from about 601 to 2,700 square feet. The project includes a 550-space parking garage and access to Lady Bird Lake and its trail system along the Colorado River.

Checking your membership…