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TexasMultifamily

LV Collective begins pre-leasing for Paseo mixed-use project in Austin

August 13, 2025
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Photo courtesy of Onward Group.

LV Collective, an Austin-based multifamily and student-oriented real estate developer, has started pre-leasing its new mixed-use property Paseo. Located at 80 Rainey in Austin, Texas, and slated to open this October, Paseo brings a thoughtfully curated living experience to one of the city’s most iconic streets.  

The 48-story tower delivers 557 luxury residences, with studio, one-, two-, and three-bedroom apartments and four exclusive penthouses, complemented by resident amenities across multiple levels and several food and beverage concepts. Rents begin in the $1,900s. 

Residents will enjoy luxury amenities, including a 12th-floor pool deck with Lady Bird Lake views and bar service, a ground-level café and bar, a state-of-the-art fitness center with yoga studio, cold plunge, and saunas, and two floors of dedicated coworking space with private pods and conference rooms. 

Reflecting a belief in the power of art to strengthen community and culture, Paseo will feature an Artist in Residence Program, offering a year of complimentary rent to selected artists working across various mediums. The program is designed to support creative expression and encourage connection among residents and neighbors.  Participating artists, which will be announced in August, will host events, create one major artistic contribution, promote their residency on social media and submit a portfolio of work and reflection on their experience.  

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