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Residential construction downtown appears poised for multiyear hiatus, experts say

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Residential construction downtown appears poised for multiyear hiatus, experts say

The area remains a big draw for wealthy Austinites, lured by its unique combination of nightlife attractions, dining opportunities, residential development and office buildings that make it possible to live close to work. That has rendered the main downtown ZIP code — 78701 — the wealthiest ZIP code in the metro for the second straight year.