Unit owners at downtown Austin's Brazos Lofts condominiums reportedly signed off last year on a $55 million buyout of the building, and according to information shared with TOWERS by confidential industry sources, the closing and distribution of those funds is anticipated this week in preparation for the site's eventual redevelopment by its soon-to-be new owners, local real ...
Condo Projects
The latest news from Austin's hottest real estate market.
With Groundbreaking Later This Month, 44 East Avenue is 25 Percent Sold
44 East Avenue, the tallest downtown Austin condo tower headed for the Rainey Street District at the moment, is less than a month away from celebrating its groundbreaking -- and more than 25 percent of the project's reported 322 residential units are already under contract, according to local real estate firm Urbanspace. Intracorp, the developers behind the tower ...
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 a post on Fifth & ...
FIRST LOOK: Austin Proper, Under Construction in the 2nd Street District
This morning, TOWERS took a closer look at Austin Proper, a 32-story hotel and condo tower under construction on the site of the former Green Water Treatment Plant in the 2nd Street District. We'll get to some photos from inside the project in a bit, but first, here's a quick refresher on what's planned for the building. Austin Proper is an interesting project for a ...
Counting Down to Condo Conversion at Zilkr on the Park Apartments
We learned a couple of weeks ago that a new owner for Zilkr on the Park Apartments at 1900 Barton Springs Road plans to convert the complex to condos, with a public opening a week away. All of this is kind of interesting for a few reasons. For one, if your memory stretches back that far, you'll recall that condo units were actually in the original plan for ...
