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Developer to offer up to 10 rent-free artist residencies at new Rainey Street tower
Summary
LV Collective and partners described an Artist in Residence (AIR) program for Paseo, a mixed-use tower on Rainey Street opening fall 2025. The program will offer up to 10 rent-free units for at least one year to local artists; applications close June 1 and finalists are expected to be announced in early July.
A private developer told the Austin Music Commission on May 5 that a new Rainey Street tower will include an Artist in Residence program to house local creatives rent-free for at least one year.
Alex Perkins, president of multifamily at LV Collective, said Paseo — a hotel-and-residential tower expected to open in fall 2025 — will set aside up to 10 units as part of the program. “We provide a rent free apartment for 1 year,” Perkins said, describing the company’s aim to relieve artists of housing costs so they can focus on…
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