The Wilson Tower sitting above Austin's skyline downtown will be a modern residential tower featuring luxury living and mixed use retail.

Austin-based real estate development firm Wilson Capital announced this morning that its redevelopment of the Avenue Lofts site will be significantly larger than previously reported. The multifamily residential building planned for the 0.8-acre property at 410 East Fifth Street, now known as Wilson Tower, is set to rise 80 floors to a total height of 1,035 feet — and yes, that would make the project the new tallest tower in Texas upon completion, exceeding the height of the Waterline super-tall project currently under construction a few blocks away by 13 feet.