Multifamily property completed in Austin, Texas’ Rainey Street district

Downtown Austin development adds 557 units to sought-after neighborhood

The Paseo apartment building has 557 units across an 800,000-square-foot building. (CoStar)

By Summer Cooper

CoStar Research

December 3, 2025 | 2:53 P.M.

A new multifamily property has been completed at 80 Rainey St. in Austin, Texas.

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