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…
News
Austin real estate news combined with editorial and opinion.
$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 . . . Become a patron to get the full story and gain access to…
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…
New Downtown Affordable Housing Initiative
As the downtown development boom has driven downtown land and housing prices upwards, the calls have been strengthening for the City to take definitive action on affordable housing o ensure that downtown remains diverse and affordable to as a broad a segment of the population as possible. With the opportunity to control development of a…