Buyers Move Into Austin Tower

Vesper: A Luxurious Addition to Austin's Skyline

Austin's flourishing cityscape welcomes Vesper, a 41-story luxury residential tower, as it opens its doors to the first wave of residents. Vesper, developed by Pearlstone Partners and ATCO Properties, offers 284 condominiums with prices ranging from $545,000 to over $2 million.

“There’s a significant portion already spoken for (in Vesper), which is a promising sign for prospective buyers. We have been extremely pleased with Prospect Real Estate’s sales efforts and believe sales will accelerate even more now that buyers are able to move in.” - Tayler Davis, marketing director for Pearlstone Partners.

Nestled in the vibrant Rainey Street District, Vesper joins a thriving neighborhood known for its transformation from a blue-collar area to a bustling hub of bars and restaurants. With 67% of condos already sold, Vesper boasts an array of amenities, including a rooftop pool, fitness center, co-working spaces, and a 24-hour concierge.

Rainey Street is witnessing consecutive waves of high-rise development, including notable projects such as Waterline, a 74-story skyscraper that will become Texas' tallest tower, and The Modern, a 56-story condo tower. Market experts affirm the strong demand for downtown living in Austin, underscored by the allure of the city's vibrant lifestyle, dining, arts, and entertainment.

URL: https://www.statesman.com/story/news/local/community-news/downtown-austin- Rainey-Street-district/2022/06/30/austin-rain street-district-high-rise-condos-vesper-prospect- real-estate-pearlstone-atco/9376065002/