BartonPlace, a planned 270-unit condo project behind Austin Java on Barton Springs Road, received final city council approval yesterday. According to the developers, the project has taken deposits on approximately 80 of their units with a combined value of $40 million. With decent pre-sales, the project has been able to secure financing for the project from IBC Bank in Austin -- clearing the biggest hurdle to a new project and setting them up to begin construction in the next 30 days. The project is being developed behind . . .
