Grayco partners of Houston has been assembling a mammoth parcel of land on Riverside drive — just East of I-35 — for a development that was originally planned to encompass 50 acres, as many as 2,150 apartments and condos, and as much as 450,000 square feet of commercial space. Despite the financial crisis which has…
News
Austin real estate news combined with editorial and opinion.
Original Series on Downtown Austin TV
First there was Austin City Limits. Then came the Real World: Austin. Now there is DOWNTOWN (The all caps effect is actually part of the name). While not widely known, Austin public TV station KLRU produces a great original TV show on life in downtown Austin. The award-winning show, called “DOWNTOWN” promotes itself as covering…
One Day Only: Tour the Major Downtown Condo Projects
For downtown Austin condo shoppers, there is no better way to survey downtown living options than the annual DANA Downtown Living Tour. DANA just announced the details for the upcoming 2008 tour. Here is the announcement: The Downtown Austin Neighborhood Association (DANA) is holding its 5th Annual Downtown Living Tour Sunday, October 19th, from noon to…
Brazos Place Opens to Residents, Units Still Available
Despite all of the media’s discussion of the so-called downtown Austin “condo glut,” it remains very difficult to get a new unit in a downtown highrise condo project. With 360 and t he Shore essentially sold out, the market remains tight for buyers who are ready to move. This week, however, comes good news for buyers with the…
New Apartment Tower to be Built in Warehouse District
As other rental projects reduce rents to lure downtown residents, Gables Residential has announced plans to build a new 20-story apartment tower at the edge of the warehouse district. The site, on the corner at Fourth and Guadalupe, is the current location of the Gingerman pub and the former location of teh Fox and Hound…
Hotel Van Zandt Cancels Condo Project
The developer of the 290 room Hotel Van Zandt and the 55 luxury Residences at the Hotel Van Zandt have announced that they are abandoning plans for the condo portion ofthe project. Instead of a 29-story tower with hotel and condos, the developers will proceed with a scaled-back 16-story hotel on the site near the Shore in the southeast corner of downtown….