AUSTIN—Interest is high for The Independent,the 58-story, 370-unit tower under construction in downtownAustin.

Constructive Ventures and AspenHeights, co-developers of the project, have announced thatafter one week of activity, more than 90 percent of the units havebeen reserved. Located at the northeast corner of West3rd Street and West Avenue in downtown Austin, the buildingwill continue to take reservations for its waitlist.

The project began accepting reservations June 5, and within aweek, 336 units were reserved, setting a new record for most numberof units reserved in a one-week time period in downtown Austin. Areservation guarantees a buyer the right to purchase a specificunit for a specific price once the development team is ready toconvert the reservations to contracts.

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