A Forbes Article ranking “the Next Big Boom Towns In The U.S.” ranked Austin as the #1 best positioned city in the U.S. to “grow and prosper in the coming decade?” “To determine the next boom towns in the U.S., Forbes, with the help of Mark Schill at the Praxis Strategy Group, took the 52 largest metro…
News
Austin real estate news combined with editorial and opinion.
W Opens Again
The W Austin Hotel has officially reopened its doors. According to a media statement, all guest rooms, the AWAY Spa, and TRACE are now open. Over the last week, 12 two-man repair crews have been working to remove more than 1,000 glass balcony panels and replace them with newly fabricated wood panels. The hotel was…
W Condo Owners Exempted from Evacuation
Yesterday, W Austin hotel guests were abruptly evacuated and the hotel was indefinitely closed as balcony glass fell to street for the third time in three weeks. While hotel guests were forced to evacuate and relocate to another hotel, some condo owners still remain in the building. As owners, the residents have the choice as…
W Austin Media Statement on Buiding Closure
W Austin Media Statement by Beau Armstrong, CEO Stratus Properties: Today as you know, another glass balcony panel at the W Austin building shattered in place and fell, breaking two panels directly below, and sending glass into the pool area, which was closed. The entire team here at the W couldn’t be more devastated that…
W Austin Evacuated and Closed After Glass Falls to Street
The W Austin was abruptly evacuated and closed today as glass fell to street for the third time in three weeks. The glass fell from the South side of the building just one day after three panels dropped to the street. Two weeks ago a pair of panels feel to the pool area while guests…
New 50-Story Modern Hotel Proposed for downtown, Battle with Marriott Begins
Last week, we reported that 1,000+ room Congress Avenue Marriott was back on-track. The project has been highly unpopular: the architecture is bad, the building lacks clear plans for ground floor retail, and the initial project resulted in the demolition of popular business such as Las Manitas. The building risks draining the life from a…