After a history of serious car crashes and a particularly dramatic accident in 2022 injuring 10 people, the yearlong safety pilot implemented on Barton Springs Road by the City of Austin’s Transportation and Public Works Department was a welcome intervention on one of the city’s most popular streets for pedestrians and cyclists at the gateway to Zilker Park — by reducing the road to one car…
Market Analysis
Rainey Street’s Opening a Temporary Pocket Park This Summer
As cranes and towers rise in tandem over the Rainey Street District, the fate of a small 0.27-acre parcel at the corner of Rainey and River Streets is a more subtle topic of ongoing discussion in this downtown Austin neighborhood — owned by the City of Austin since 2003, the corner tract of city-owned land at 64 Rainey Street was…
Here’s How South Austin’s Twin Oaks Shopping Center Could Redevelop
We were pretty tickled to dig up the news last year that Dallas-based developers Trammell Crow Company and its subsidiary High Street Residential were planning a mixed-use redevelopment of South Austin’s largely vacant Twin Oaks Shopping Center at 2315 South Congress Avenue on behalf of the 10-acre center’s owners at H-E-B. Although the finer details of the plan remained a little…
Remember That 64-Story Rainey Street Hotel Tower? Let’s Not Hold Our Breath
Most unrealized tower plans never officially fail, they just fade away into vaporware. Start dates get kicked down the road, companies restructure, plans change, and so on. For obvious reasons, no sane developer wants to drop a press release announcing they aren’t building something — in Austin, that means out of the massive crop of…
The Vesper Condo Tower Wraps Up in Downtown Austin’s Rainey Street District
The 41-story Vesper condo tower is now complete in the Rainey Street District of downtown Austin, with its first phase of move-ins kicking off this week. According to developers Pearlstone Partners and sales agency Prospect Real Estate, the building is currently 67 percent sold. The 452-foot tower broke ground in the summer of 2021, situated on a small 0.4-acre site at…
Shell Plans Two Electric Vehicle Charging Hubs in Austin
Multinational petroleum giant Shell is leaning into a recently announced strategic pivot towards electric vehicles, with plans to nearly quadruple its existing network of EV charging stations by 2030 — and Austin appears to be one of the first cities on the list for the oil company’s Houston-based U.S. subsidiary, with at least two local properties owned by entities…