North Central Austin Edition | August 2025

Development

BY BEN THOMPSON

Waterline tops out downtown at 74 stories Waterline, Texas’ new tallest tower, reached its nal height in downtown Austin Aug. 1. The overview The 74-story high-rise from Lincoln Property Co. and Kairoi Residential at 98 Red River St., Austin will feature: • 352 apartments across 33 oors • 703,000 square feet of oce space across 26 oors • A 252-room hotel across 13 oors • 24,000 square feet of public commercial space at the tower’s base At 1,025 feet, Waterline is now the tallest build- ing in the city and the state, according to Lincoln, passing the JPMorgan Chase Tower in Houston. It overtook Austin’s previous record holder, Lincoln and Kairoi’s 66-story Sixth & Guadalupe that

High-rise, hotel development planned Plans for Riverside’s tallest building yet advanced this summer, while Oracle looks to expand its lakeshore headquarters. What’s happening Oracle is eyeing a campus expansion with nearly 300,000 square feet of oces and a new 255-room hotel up to 120 feet tall. Plans for a 180-foot, 360-unit residential high-rise o Riverside Drive and Lakeshore Boulevard were approved this spring.

The 1,025-foot Waterline tower topped out after nearly three years of development. It will open 2026.

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opened last year, by nearly 200 feet. Also of note Waterline’s development has taken place alongside the second phase of the Waterloo Gre- enway initiative. Lincoln and Kairoi also provided $1 million for new bridges across the waterway.

1 Riverside/Lakeshore tower 2 Oracle campus

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