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…
News
Austin real estate news combined with editorial and opinion.
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…
South Shore Residences Opening in 2013, Retail Center Getting Underway
Anyone who has driven out towards the airport, past the AMLI South Shore apartments on East Riverside, must notice the massive piece of development prepping not far away. That’s where Grayco Partners has started on its 20-acre South Shore development , where three residential developments, totaling 506 units for rent and sale are being built, with a project…
Move Over South Lamar, East Riverside Is The Next Big Thing In Austin Multifamily
The RiverView Austin Apartments, clad with a mix of local brick, stucco, and metal panels, are starting to take shape, and provide a bit of a premonition of what we might see along the much of the E. Riverside strip someday. The 280,000-square-foot, 302-unit RiverView sits on four acres at I-35 and E. Riverside, on…
UPDATE: 3eleven Picture Becoming Clear
On the heels of the news that construction of the 3eleven apartments are underway, some more details are now showing up on cpexecutive.com: • LEED certified • Residences coming online this October. • 4,000 square feet of ground-floor retail • 463 parking spaces on floors 1 through 7 • 41,000 square feet of office space on…
13 Months After Ominous Heritage Tree Vote, Endeavor Breaks Ground On Bowie Street Project
Back in August, AustinTowers updated you on the new specs for Endeavor’s Bowie Street project, called 3eleven , and said construction would begin soon. Now it seems construction is indeed underway, according to a recent report in the Austin American-Statesman . The construction timeline is about 24 months. The project’s fate, in 2011, was in question after the Austin Planning Commission voted 5-4…