The Waterline, Austin’s tallest tower, is finally ready to welcome residents after years of construction. Serving as the gateway to the Rainey District, the Waterline is responsible for much of the Waller Creek Greenway Confluence build-out in the district. Today, the first MLS listing popped up and it’s for a 69th floor two-bedroom, priced at –…
Apollo Chooses Austin
Apollo Global Management ( $APO ) has announced that Austin has been chosen as its innovation and emerging technology hub. Notably, Austin was in the running against Miami, Palm Beach and Nashville. Reports keep referring to this deal as a “second headquarters”; implying that Apollo is not quite ready to abandon its New York City roots, and this isn’t…
Well, That Backfired
We’ve all heard cars that backfire incessantly. The siren song of enthusiastic, gifted, drivers who enjoy announcing their car’s presence at stop lights. A proposed new law is on deck to limit how much exhaust noise a “person of ordinary sensibilities” must tolerate. City Council is expected to vote on the ordinance at their next meeting….
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…