reach for the sky

New 65-story tower with luxury hotel and residences to rise in downtown Austin

New 65-story luxury hotel and residences to rise in downtown Austin

The Conrad Austin
A new hotel and luxury condo building is on the rise in downtown Austin.  Rendering courtesy of Intracorp

What promises to be the city’s new tallest residential or hotel high-rise is planned for a site next to the Austin Convention Center.

The Conrad Austin hotel and Conrad Residences Austin condos will occupy a 65-story tower that will be built at 311 E. Second St., near West Cesar Chavez and Trinity streets.

The project will feature 326 hotel rooms and 136 one-, two-, three-, and four-bedroom condos, as well as nearly 10,000 square feet of restaurant space and 1,000 square feet for a cocktail lounge.

Hotel giant Hilton owns the high-end Conrad Hotels & Resorts brand.

Austin-based Intracorp Texas is developing the project, with construction on track to start in late 2022. At 750 feet high, the Conrad high-rise will be the tallest residential or hotel building in Austin, eclipsing the current titleholder: The Independent, a 58-story, 690-foot-tall residential tower at 301 West Ave.

The city’s tallest building of any type, now under construction, will be the 66-story, 875-foot-tall Sixth and Guadalupe office and residential high-rise.

Rottet Studio is designing the interiors for the Conrad project, and Page is designing the exterior. Compass Development Marketing Group is handling condo sales, which are set to kick off this spring.

Compass reports that in the past year, Austin has experienced more than a 450 percent increase in sales of luxury residences year over year, totaling almost $190 million in the Capital City in 2021.