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…
News
Austin real estate news combined with editorial and opinion.
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….
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…