This is the epicenter of Austin. Here you will find high rises, the capitol, and Austin’s urban core. Unlike some city's downtowns where all activity comes to a halt at the end of the business day, Austin has a lively downtown scene. Condos are the predominant type of housing found in downtown Austin. There are a number of new condo developments being built downtown; thus, inventory is continually increasing. In addition to the new developments in central downtown such as the luxurious Austonian condos, there are also a number of recently constructed condo buildings in the Rainey St. district. Living in downtown Austin is convenient. You can walk to a number of restaurants, bars, shops, and entertainment options with ease. You can also take advantage of the nearby hike and bike trail around Lady Bird Lake for recreation.