As predicted , Monarch has officially announced that they are switching their project from all-rental to all-condo. This is big news, It’s indicative of both the hot condo market and the weakness of the high-end downtown rental market. The 29-story building at 805 West fifth street, is located just a block from Whole Foods. The buidling,…
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Strong Pre-Sales for Austin Four Seasons Condos
This just in: we confirmed today with the developers that 80% of the Four Seasons Residences on floors 14-32 have already been reserved after just 6 weeks on the market. As a result, they have now opened the lower floors – floors 6 to 13 — for reservations. Prices for the 166 unit-project start at $400K and top…
Waller Creek Project: An Important Investment in Downtown Infrastructure
In 1981, massive amounts of rain caused deadly and damaging flooding on Shoal Creek. According to experts, a similar flood could occur today on Waller Creek which passes through downtown just West of I-35. If this were to happen, there could be significant damage across more than 1 million square feet of prime downtown real…
East Avenue: $750M Development Near Downtown
A lot of money is being spent on downtown development — more than $2 billion in condo projects alone at last count. And while it is technically outside of downtown, it seems another $750 million mixed use development is about to break ground. The project will develop 2.75 million square feet across 22 prime central…