According to city records, the owners of three vacant historic buildings on Congress Avenue between 9th and 10th street are planning to build a 16-story, 88,000 square foot office tower on the site. If successful, the project would commence construction in 2011 and open by Summer 2012. According to a statement by Tucker Lynch, a…
News
Austin real estate news combined with editorial and opinion.
1155 Barton Springs Condo Project Files for Bankruptcy
In April of 2008, developers announced a 4-story, 27 unit development on Barton Springs just east of Lamar adjacent to the train tracks, McDonalds, and Peter Pan Mini Golf. With pricing starting at $1,000,000, our original reaction was that “the project is a very odd combination of location and pricing that suggests a lack of…
Austonian, Four Seasons Prepare to Open
In downtown Austin, there are two classes of new condo projects. There are upscale projects like 360 , Austin City Lofts , Milago , and the Nokonah . About a dozen of these projects have been completed over the decade and almost all are sold out at this point. Only Spring still has new units left to sell. These projects have sold…
The Future of Downtown Austin: A Visual Tour of the Downtown Austin Plan
This evening, the City of Austin hosted a town hall meeting to review the Downtown Austin Plan — the draft master plan for downtown Austin. The purpose of the plan is to create a vision — and policy framework — for a vibrant downtown that becomes the region’s core for work, play, shopping, and living….
New Hotel Planned for Congress Ave!
For those who are counting, this is the fifth new downtown Austin tower announced in the last two weeks. Today’s newly announced project is a 15-story boutique hotel with 60-70 rooms. It will be constructed on Congress Avenue between fourth and fifth streets across from the Frost Bank Tower. The new hotel will be located…
Two More Austin Condo Skyscrapers Announced!!!
This has been a crazy week. First, the developers of 360 announced plans to develop two new downtown towers. Then, rumors surfaced that the Aquaterra project may be revived as a rental tower. Today, Constructive Ventures announced plans to build 425 new condos in two 400-500 foot towers on an Austin Energy site just West of 360…