515-Unit Block 87 Tower at 701 Trinity Placed on Hold

Block 87, a 31-story, 515-unit mixed-use tower at 701 Trinity Street downtown, has been placed on hold. The Town Lake Company is the developer.

Aerial rendering of Block 87 showing the tower and landscaped podium roof
Aerial rendering of Block 87 showing the tower and landscaped podium roofImage courtesy of The Town Lake Company

Block 87, a 31-story mixed-use tower planned for 701 Trinity Street in downtown Austin, has been placed on hold. The project was previously listed as proposed. This is its first appearance in our tracking, with a confirmed address replacing an earlier East CBD designation.

Rendering of Block 87 at dusk, viewed from the east
Rendering of Block 87 at dusk, viewed from the eastImage courtesy of The Town Lake Company
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The tower would rise 423 feet with 515 units across 414,343 square feet. The Town Lake Company is the developer; Studio8 Architects is the architect.

Evening aerial rendering of Block 87 at 701 Trinity Street
Evening aerial rendering of Block 87 at 701 Trinity StreetImage courtesy of The Town Lake Company

Plans include ground-floor restaurant and retail, a central courtyard, below-grade parking, and rooftop green space. The project is targeting LEED Platinum and WELL Platinum certifications.

Street-level rendering of Block 87's podium and ground-floor retail
Street-level rendering of Block 87's podium and ground-floor retailImage courtesy of The Town Lake Company

No timeline for resumption has been recorded.

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Block 87On Hold
Address
701 Trinity Street, Austin, TX 78701
Units
515
Floors
31
Height
423 ft
Sq Ft
414,343

The Project File tracks every fact, change, company, and article we have on this development, on hold as of our latest research.