It has been almost 5 months since tech giant Oracle announced a major investment in the East Riverside Corridor . The company is putting the pedal to the metal, already submitting detailed site plans to the City, the first step towards breaking on 560,000-square-foot campus. The reason it is able to move so fast as that the Oracle’s future home was conceived as a turnkey…
News
Austin real estate news combined with editorial and opinion.
Hotel Magdalena : Liz Lambert’s Next Project
All of Liz Lambert’s chic hotels on South Congress Avenue are named after saints. San Jose. Saint Cecilia. Lambert’s upcoming creation — Hotel Magdalena — is named after Mary Magdalene, and is looking to be the grandest of them all. This new five-story boutique hotel and residences will sit just off South Congress, clocking in…
Take A Virtual Ride on I-35 “Cut & Cap” Plan
I’ve been a proponent of the “cut & cap” plan for burying I-35, and reconnecting Austin , ever since Sinclair Black began sharing the concept a couple (few?) years back. To see how well the “cut & cap” design works, we need look no further than Dallas’ Klyde Warren Park , which sits atop the Woodall Rodgers Freeway. Below are six…
Austin’s First Residential Tower Planned Without Parking… and a grab bag of news from Congress Avenue
For years Congress Avenue north of about 7th Street was a dead zone after business hours, a statement punctuated by the Chipotle occupying prime real estate at the corner – shuttered promptly at 8 p.m. and closed on weekends. That is all set to change with the Statesman reporting yesterday on a 30-story apartment tower — void of the normally ubiquitous parking…
Waller Park Place site prep – last phase of demolition work
Yesterday we observed what appears to be the last component of demolition to prepare the site of Waller Park Place . The three tower plan would become the largest private development ever downtown Austin. 92 Red River, shown mid-demolition in the video below, is the last of the structures from Cesar Chavez to Davis Street have been razed to…
Sneak Peek of Plaza Saltillo Redevelopment
More and more news from the East Side . CapMetro will be voting on March 21st, its next board meeting, on the master development agreement with the Endeavor Real Estate Group and Columbus Realty team to redevelop the 10-acre Plaza Saltillo site into a mixed-use, mixed-mobility development. The proposal includes affordable and market-rate apartments, as well as office, retail and…