AUSTIN, TX-Seaholm Power LLC is planning its first new condo project in downtown Austin since 2008.

The new 30-story tower, called Seaholm Residences, will offer approximately 280 luxury condo residences ranging in size from studio to three-bedroom units, as well as amenities including a sky deck, pool with lake views, high tech fitness center, business center, resident's club room as well as a dog walking and grooming area. Construction on the tower began in April, and it is expected to be ready for occupancy in the first quarter 2015.

Located on the northwest corner of the Seaholm redevelopment site at 222 West Avenue, the residential tower is situated at the crossroads of every major downtown district, all of downtown's hike and bike trails, the new Central Library, and countless dining and entertainment options. Bounded on its northeastern edge by a Capitol View Corridor and to its south by the Seaholm Power Plant, the tower offers protected and unparalleled views of Lady Bird Lake, Austin's skyline, and the Texas Hill Country.