Hi Everyone, Jude here from TOWERS with an update for all the readers who’ve reached out, curious about the future of the site, so I wanted to share what’s happening. The short version: The real estate development blog as you’ve known it is no more. Some readers (not all!) may be disappointed to read this….
What’s Missing from the Conversation about Reinstating Austin’s Camping Ban
The City of Austin currently owns 1,765 properties totaling nearly 14,000 acres. 1,148 of those properties have no improvements. A 2020 Point In Time count from ECHO reveals the number of people sleeping unsheltered that night was at least 1,574. Why hasn’t the City of Austin endeavored to create a joint venture with an operator to utilize a fraction of…
Top 10 Downtown Austin Condos By Total Sales Recorded in 2020
These are 2020’s top performing downtown Austin condo buildings according to sales data assembled by TOWERS.net. The table above ranks the relative performance of downtown’s residential buildings using sales data recorded last year in Austin’s MLS. The Independent and 360 Condos should naturally fill top spots simply due to the number of dwellings in each building. One…
Closings have begun at Fifth & West
Contract holders at one of the four new downtown Austin condo towers have begun taking possession of their new homes. Fifth & West condos, located at 501 West Avenue, is notable for its 39 floors and a triangular shape resulting from a Capitol View Corridor crossing part of the site. Construction of Fifth & West began in 2015. According to…
MÁSMACC: Downtown Austin’s Boldest Architecture At Risk
A couple of weeks ago, the Emma S. Barrientos Mexican American Culture Center held a community open house to review and provide input on design concepts by CasaBella Architects for the center’s expansion. The firm is engaged to develop a new vision and Master Plan for the MACC, a design effort being touted as “MÁSMACC.” You can download a pdf of the…
Spotted: Site Prep for New Marriott, plus Fareground’s Plaza
Last week I spotted progress on two developments we’ve been watching closely — the new Marriott Hotel , and Fareground, the food hall taking over the plaza at One Eleven Congress. First, here’s a look at the demo project in the early stages at Cesar Chavez and Trinity Streets, making way for the new Marriott’s construction by clearing…