The level of hyperbole from opponents of the One Two East project is reaching new heights. The Austin Planning Commission is scheduled next month to hear a case where the developer of the 2.8-acre site, next to Franklin Barbeque, is asking for a zoning variance to increase the increase the building to 185 feet from…
News
Austin real estate news combined with editorial and opinion.
Demolition of Brinks as Homewood Suites Hotel Prepares Site For Construction
It was over a year ago that AustinTowers.net reported on the prospect of another downtown Austin hotel, Homewood Suites , a Hilton Hotel brand proposed to deliver 150 rooms and a 17 story building. This week, demolition of the former Brinks Security building at 78 and 80 East Avenue appears to have wrapped up in preparation for construction. The property…
Plaza Saltillo redevelopment steps over line from dream to reality
The scope of construction for East Austin’s Plaza Saltillo seems to be finalized, and now includes a previously unannounced 120,000 square-foot office building. Media reported in August that Capital Metro and Endeavor remained at odds over finalized terms, but site plans filed a few days before Thanksgiving indicate they pinky swore on a deal. The result will be: 1)…
Texas Capitol Complex future: wide-open spaces
The Texas Facilities Commission just released its 2016 Texas Capitol Complex Master Plan, and is detailing a bold, exciting plan to turn state property north of the Capitol into enjoyable public space. The Capitol Grounds are a jewel. As a place of recreation it is overlooked. It is like a mini Central Park in the heart…
First Look at 48 East: Rainey Street’s Newest Tower
The newest high-rise coming to Austin’s Rainey Street District has made the move from renderings to reality. Developers have officially filed site plans for 48 East confirming a 35-story, 246-unit apartment building at 48 East Avenue, which will deliver protected views of the rising and setting sun. Specifically, the project will have: 169 x 1-bedroom units…
Downtown Austin Development Update
Below, find a no-spin update on various development projects happening in Downtown Austin, organized by type of project, and then by alphabetical order. There’s been lots of press about proposed condo projects, but as I write this there is only one active crane attached to a condo project: Seaholm. Apartments 1) Aspen Heights Apartments Status: under…