AUSTIN (Austin American-Statesman) – A planned $200 million luxury condominium tower will raise the bar for height in the downtown area. The 55-story, 195-unit Austonian will tower 22 stories above the Frost Bank Tower, currently downtown’s tallest building.

The design, by Houston-based Ziegler Cooper Architects, has not been finalized, but construction on the 500,000-square-foot tower at 200 Congress Ave. is slated to begin late this year. Developer Second Congress Ltd. expects the tower to be completed in 2009.