Developer Aspen Heights Partners plans to break ground this summer on Aspen Heights Riverside, a $42 million, 325-unit market-rate apartment complex off East Riverside Drive, on what is mostly vacant land. Located in the 1700 block of Willow Creek Drive, the project’s been making its way through the city’s review process since last June. The site…
Two East Austin Affordable Housing Projects Vie for State Tax Credits
Two affordable housing multifamily projects in East Austin are competing for a 9 percent housing tax credit from the state, but only one is likely to get it. That doesn’t mean, however, that only one of the projects will get built — the weaker candidate determined by the Texas Department of Housing and Consumer Affairs’…
With Instagram and Memes, These Guys Are Finding You Things to Do in Austin
The chaos and energy of South by Southwest 2018 is only three days away when I meet Chris Cates, but he doesn’t seem stressed. In fact, he’s pretty hung over. That’s one of the occupational hazards you might discover when your job is keeping a finger on the pulse of events all over the city,…
Implosion at Block 71 in Downtown Austin Scheduled for Sunday, March 25
An email sent this morning to the mailing list of the Downtown Austin Alliance appears to confirm the suspected date of the Ashbel Smith Hall demolition at Block 71, the first building implosion planned in the downtown area in more than 11 years — and quite possibly the largest of its type the city has ever seen. Since TOWERS.net…
Cambrian Project Seeking Tax Credits for Affordable Housing in Montopolis
Development in the East Riverside Corridor hasn’t shown any signs of slowing down, to say the least. An affordable housing development team has taken notice, and placed a bet on the neighborhood between Montopolis Drive and Grove Boulevard. Megan Lasch, manager of O-SDA Industries LLC is backing Cambrian East Riverside, a 65-unit multifamily mid-rise to be located at 1806…
Project Catalyst Documents Describe 97-Acre Development at East Riverside
Exactly six months ago, we rolled out what little we knew about Project Catalyst, a massive potential mixed-use project at the intersection of East Riverside Drive and Pleasant Valley Road, basically next door to Oracle’s new Lakeshore campus. Since then, it’s been nothing but radio silence from the usual suspects, including real estate firm JLL and investment outfit Nimes Capital . . ….
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