Lincoln Property Co and Kairoi Residential Break Ground on 74-Story Mixed-Use Project in Downtown Austin to Open in Late 2026

AUSTIN, TX - Development partners Lincoln Property Company (LPC) and Kairoi Residential have broken ground on a 74-story mixed-use high-rise called Waterline in downtown Austin that will become the tallest tower in Texas when it opens in late 2026. The Public Sector Pension Investment Board, one of Canada's largest pension investment managers is the main equity partner in this major development project.
Located at 98 Red River St., Waterline will extend 1,022 feet above a lush 3.3-acre campus...

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