Pearlstone's next 2 projects: Tower near SXSW Center, condos on S. Lamar

It’s no secret that Austin's housing market is red hot. Development firm Pearlstone Partners LLC continues to pursue a unique strategy to try and address the tight residential market.

The project will replace a dilapidated gas station in downtown Austin with a residential tower. Pearlstone is teaming with ATCO Properties & Management LLC to build the high-rise at 14th and Lavaca streets, near the SXSW Center. The project is still in the design stage so details on unit count and building size were not available.

Damon Hemmerdinger