{"id":1004117351,"date":"2015-04-10T17:54:04","date_gmt":"2015-04-11T01:54:04","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=339959"},"modified":"2021-05-14T17:38:01","modified_gmt":"2021-05-15T01:38:01","slug":"sackman-enterprises-to-enter-austin-with-high-rise","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/sackman-enterprises-to-enter-austin-with-high-rise\/","title":{"rendered":"Sackman Enterprises to Enter Austin with High-Rise"},"content":{"rendered":"<p style=\"text-align: justify\"><em>By Anca Gagiuc, Associate Editor<\/em><\/p>\n<p style=\"text-align: justify\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/04\/70-Rainey.jpg\"><img decoding=\"async\" loading=\"lazy\" class=\"alignleft size-medium wp-image-339960\" title=\"70 Rainey\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/04\/70-Rainey.jpg\" alt=\"\" width=\"300\" height=\"161\" \/><\/a>Sackman Enterprises Inc. has announced its largest expansion outside of the Northeast in its 30-plus year history. The New York City-based developer intends to build a 35-story luxury condominium tower, named 70 Rainey after its address, in the Rainey Street district, continuing the transformation of this downtown neighborhood.<\/p>\n<p>Sackman, which bought the site from Austin-based Riverside Resources, plans to start construction this fall and open the project in late 2017. The mixed-use development will offer 164 residences ranging in price from $300,000 to $3 million. A two-story restaurant with patio bar will serve both residents and the public.<br \/>\n<a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/04\/70-Rainey_b.png\"><img decoding=\"async\" loading=\"lazy\" class=\"alignright size-medium wp-image-339961\" title=\"70 Rainey_b\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/04\/70-Rainey_b.png\" alt=\"\" width=\"300\" height=\"189\" \/><\/a><\/p>\n<p style=\"text-align: justify\">Amenities will include a 19,745-square-foot outdoor  deck, infinity-edge pool and waterfall, sun deck and outdoor lounge with kitchen, cabanas, fire pit lounges, gaming areas, outdoor grilling stations, a virtual golf course, fitness center and outdoor yoga deck, private dining room, business center and conference center. Lady Bird Lake and the Butler Hike and Bike Trail are nearby.<\/p>\n<p style=\"text-align: justify\">The condo tower is only the first of at least six projects Sackman plans in Austin over the next several years.<\/p>\n<p style=\"text-align: justify\"><em>Photos courtesy of <a href=\"https:\/\/www.70rainey.com\/\" rel=\"nofollow\">70 Rainey<\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York-based Sackman Enterprises announced its largest expansion outside of the Northeast in its 45 years. A 35-story luxury condominium tower, named 70 Rainey after its address, will be developed in the Rainey Street district, continuing the transformation of this downtown neighborhood.<\/p>\n","protected":false},"author":237,"featured_media":1004505732,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1578,21742],"tags":[],"class_list":["post-1004117351","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-austin","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Sackman Enterprises to Enter Austin with High-Rise - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/sackman-enterprises-to-enter-austin-with-high-rise\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sackman Enterprises to Enter Austin with High-Rise\" \/>\n<meta property=\"og:description\" content=\"New York-based Sackman Enterprises announced its largest expansion outside of the Northeast in its 45 years. A 35-story luxury condominium tower, named 70 Rainey after its address, will be developed in the Rainey Street district, continuing the transformation of this downtown neighborhood.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/sackman-enterprises-to-enter-austin-with-high-rise\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-04-11T01:54:04+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-05-15T01:38:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/70-Rainey.jpg?w=1024\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Anca Gagiuc\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/sackman-enterprises-to-enter-austin-with-high-rise\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/sackman-enterprises-to-enter-austin-with-high-rise\\\/\"},\"author\":{\"name\":\"Anca Gagiuc\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/340a1a5e8e7dd137bd91ca1dd3a2e9d7\"},\"headline\":\"Sackman Enterprises to Enter Austin with High-Rise\",\"datePublished\":\"2015-04-11T01:54:04+00:00\",\"dateModified\":\"2021-05-15T01:38:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/sackman-enterprises-to-enter-austin-with-high-rise\\\/\"},\"wordCount\":187,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/sackman-enterprises-to-enter-austin-with-high-rise\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2021\\\/03\\\/70-Rainey.jpg\",\"articleSection\":[\"Austin\",\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/sackman-enterprises-to-enter-austin-with-high-rise\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/sackman-enterprises-to-enter-austin-with-high-rise\\\/\",\"name\":\"Sackman Enterprises to Enter Austin with High-Rise - 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