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….
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Austin real estate news combined with editorial and opinion.
Austonian Proceeds: To be Tallest Residential Building West of Mississippi
If you a have unlimited resources, downtown living doesn’t get much nicer than the top of the Austonian . With a top-of-the-line 8,000 square foot penthouse priced at more than $8 million in what will be the tallest residential building west of the Mississippi, few projects are as ambitious as the Austonian. At a press conference…
$50 Million Downtown Condo Project Cancelled
First, AquaTerra was cancelled. Then the Monarch converted from condos to rental units. 1155 Barton Springs was indefinitely postponed. Now, the Metropolitan has decided to throw in the towel and shut down prior to construction. The Metropolitan was conceptualized as a $50m 8 floor condo project on 11th Street near the Capital. With units priced from $250k to $1 million, the 84…
The Next Big Downtown Change: 5 Proposals for Green Water Treatment Site Revealed
This week, five proposals were released for the redevelopment of the sweeping Green Water Treatment Plant site between Seaholm and the Second Street District. Nestled between Whole Foods, Ladybird Lake, Seaholm, Austin Music Hall, and the 2nd Street District is the City’s oldest sewage treatment plant – the Thomas C. Green Water Treatment Plant –…
Patagonia to Lead Congress Avenue Comeback
Congress Avenue was always meant to be the heart of Austin. Over the last 40 years, it’s destiny as a retail center seems to have slowly slipped away. When the new Marriott replaces Tesoros Trading Company, very little retail will remain. Today, however, Patagonia — the upscale outdoor clothing company — announced that it will…
Austin Hike & Bike Trail to be Extended
The Austin City Council took a first step today to extend the much-loved Hike and Bike Trail surrounding Lady Bird lake to close the gap between Congress Avenue and I-35 on the south side of the lake. Currently, hikers, bikers, runners, walkers, and other trail-goers must brave the shoulders of riverside drive for more than…