Several days ago, AppleInsider posted photos of a second building being constructed at Apple’s upcoming Austin campus, which is an important driver of new residents in Austin who will want urban living. The internet went abuzz when Apple ground broke on the first building about a month ago, and people are still scratching their heads about what the campus will look like , but no longer. Austin Towers has obtained an image…
News
Austin real estate news combined with editorial and opinion.
It’s Alive! Revamped Condo at 1155 Barton Springs In Works
After a court battle with the City of Austin, a battle of wills with the Bouldin Creek Neighborhood Association and Chapter 11 bankruptcy, the condo project at 1155 Barton Springs is officially back (sort of). Earlier this month, site plans were submitted showing that a 65-unit condo development is being planned on the derelict site on the south…
Money, Power, Views, and the Proposed Austin Hotel
Proposed Austin Hotel on Congress Ave. Austin City Council this week is expected to hold a public hearing on the planned boutique hotel, located at 800-804 Congress Ave, which “pit some of the city’s biggest landowners against each other,” as the Austin Business Journal put it. The applicant, developer David Kahn, is proposing a mixed-use…
There Might Be More To The Capitol Complex Kaibash That Meets The Eye
A lot of Austin enthusiasts and a visionaries let out a collective moan this past week when, at the start of the Texas Legislative Session, lawmakers froze plans to redevelop the Capitol Complex from a glut of blighted surface parking lots and garage structures into an integral part of the emerging world-class, vibrant capital of the…
Travis County pulling the trigger on downtown Austin development
Just before Christmas, the Austin American-Statesman reported that Travis County has more than $1 billion of development planned in downtown. According to the Statesman: “The spending is guided by a master plan looking out to 2035 that calls for keeping some county offices downtown and expanding the space for them as services increase to meet population growth.” Above: Travis County owned block Two months ago, the county closed on its most…
Dayton firm taking a big stake in South Austin
In Austin, we are used to a small share of local landowners controlling a lot of the urban real estate, and increasingly, equity firms based on the coast making buys. Now a mid-western player, Dayton, Ohio’s Connor Group, is making an aggressive play. “We love the SoCo submarket,” the Connor Group’s managing partner Larry Connor…