In yet another skyline-changing project for Austin, a Minnesota-based developer says it plans to build a 60-story tower with almost 400 apartments and office space at West Sixth and Guadalupe streets downtown.
Ryan Companies US Inc., along with Page, an Austin architecture firm, and BBVA USA, announced plans for the project Thursday. The Austin Business Journal first reported on the proposed tower, citing a site plan application filed Nov. 13 with the city.
The proposed skyscraper would rise 770 feet on the 300 block of West Sixth Street. The tower would replace Maiko Sushi Lounge at 311 W. Sixth St. and a BBVA Bank branch at 321 W. Sixth St. BBVA will have a retail branch in the building, and its name will be on the tower.
Ryan executives said the company expects to bring its plans before the Austin City Council this month. Ryan hopes to start construction on the 530,371-square-foot tower in the fourth quarter of 2020, and complete the project in mid 2023, Hunter Barrier, Ryan Companies’ South Central president, told the American-Statesman via email.