Earlier this year, firms Cousins Properties, Ironwood Real Estate, and Riverside Resources announced their planned 44-story residential tower at 300 Colorado Street in downtown Austin would change its usage to offices, and that the entire building was pre-leased by oil and gas drilling firm Parsley Energy. Back in January, we didn’t know exactly how this switch would impact the…
They Ditched Columbus, and They’ll Ditch You Too
Cities subsidizing private sports stadiums with public money is a racket. That’s not my opinion, it’s the conclusion of nearly every economist who has ever studied the issue. So, why doesn’t anyone listen? There are a few reasons. First of all, Americans love sports — probably too much — and as a politician, who wants to be the guy resisting something that brings…
Pleasant Valley’s ‘Mini-Tower’ in Southeast Austin Is No Mystery
Q: What’s the deal with that concrete mini-tower near the softball fields on Pleasant Valley Road, just outside the right outfield fence? A: Hey, here’s a question I can answer without even making a phone call! The Krieg athletic complex, located on the expanse of city parkland east of Pleasant Valley Road and south of…
Domain 9 Plans Describe 18-Story Office Tower for North Austin
The Domain’s most recent office tower project, the rather obviously-named Domain Tower , appeared to distinguish itself from its neighbors in North Austin’s largest mixed-use development by not having a number in its name — but despite this momentary break from the norm, the Domain’s next office tower will fall back in line and take a number. This time,…
Work Begins on Lady Bird Lake Trail Bridge Under Congress Avenue
The Trail Foundation, a local nonprofit organization dedicated to the upkeep of the city’s Hike and Bike Trail, celebrated a groundbreaking ceremony last night commemorating the start of construction on a new pedestrian and bicycle bridge for the stretch of the trail underneath the north end of the Congress Avenue Bridge. According to the foundation, the bridge is planned…
Getting to Know East Austin’s Chestnut Plaza
It’s kind of cliche at this point to mention how much a particular area of East Austin has changed. Still, if the breakneck pace of development on this side of town continues, it’s in our best interest to make this growth as smart as possible. That’s the intended goal of the Transit Oriented-Development (TOD) known as Chestnut Plaza emerging around…