Heading northbound on Congress Avenue, just before you cross over Lady Bird Lake into Downtown Austin proper, you’ve probably noticed a vacant commercial building on your left. This is the one: We’ve certainly noticed it and marveled at how such a high-profile location could continually remain vacant for such long periods of time. The last use I…
News
Austin real estate news combined with editorial and opinion.
Will The Independent Condos Become Austin’s Tallest Tower?
Confirmed via email earlier this week, residents of downtown Austin can expect a new neighbor at the northeast corner of 3rd Street & West Avenue: The Independent . A 400-unit condominium project proposed by a partnership between Constructive Ventures and Aspen Heights, details of the The Independent’s height and number of stories have not been confirmed. There are signals that it…
Red River Properties Apply For Demo Permit,Signals Development Efforts
Demo permits have been applied for two properties located in the crux of Rainey Street neighborhood development activity: 91 and 91 1/2 Red River Street. 91 1/2 is used as single-family residence. Until recently, 91 Red River was the venue for G’raj Mahal Cafe. Last year, G’raj Mahal Cafe moved to 73 Rainey Street . The timing of that move signaled increasing likelihood of…
Another Downtown Hotel Project Announced In Rainey District
An application to build a hotel at 78 and 80 East Avenue (the “Brinks” site) has been filed with the City. The site, just east of Rainey Street, consist of four parcels, with a footprint of about .52 acres. The plans call for 14 stories including first floor lobby and two above ground parking decks….
Seaholm to go condo
The under construction Seaholm development on Cesar Chavez will switch from apartment to condo, making Seaholm the first Downtown Austin condo high-rise announced in years, reports the ABJ . The official name is to be announced soon, along with floor plans. Reservation process is expected to begin mid-October. The residential component of Seaholm will likely deliver in 18-24 months. The…
East Side Development Action, Plaza Saltillo TOD
It’s long been said that they next wave of construction in Austin would be the East side. Yet while downtown, north and south Lamar, Rainey Street, and even Riverside all developed, the Plaza Saltillo area on the east side remained quiet. Some of that is economics, some of it is due to Capital Metro bungling…