Hot on the heels of recent zoning changes allowing taller and denser construction in the North Burnet / Gateway planning area of North Austin, a proposal for twin residential towers in the South End District of the Domain by real estate firm Stonelake Capital Partners is now on track to set a new record for height in the region, according to…
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Paseo Apartment Tower Secures Financing to Rise on Rainey in 2023
The 48-floor apartment tower planned for a 0.66-acre assembly of properties in the heart of Austin’s fastest-growing entertainment district at 80 Rainey Street has officially secured its financing this week. The development partnership between local firm LV Collective and real estate investors ELV Associates and JE Dunn Capital Partners announced on Wednesday that the project has closed on its…
Residential Tower Could Replace Ninth and Lavaca Parking Garage Downtown
A site plan filed earlier today with the City of Austin indicates a residential tower is in the development stage at the northeast corner of West Ninth and Lavaca Streets in downtown, a 0.41-acre or roughly quarter-block site at 901 Lavaca Street currently occupied by a seven-story parking garage structure. The permit filing, simply calling the project…
East Austin Creative Office Plan Looks for a Little Extra Height in Govalle
A potential office building development at an East Austin industrial site in the Govalle neighborhood is headed to tomorrow’s meeting of the city’s Planning Commission, seeking a change of use from industrial to commercial and a Planned Development Area (PDA) rezoning for the roughly 1.42-acre property at 4927 East Fifth Street. The change, which is recommended by city staff…
Jack Brown Cleaners Site Pivots to Housing in Northwest Downtown Austin
A rezoning case headed to Austin’s Planning Commission next week indicates a longtime industrial tract in the far northwest corner of downtown is preparing to redevelop as high-rise housing. Located at 615 West MLK Jr. Boulevard between Nueces and Rio Grande Streets, for decades the roughly 0.68-acre tract has hosted the central laundry facilities of the local…
32-Floor Downtown Austin Condo Tower Planned at 14th and Lavaca Corner
A plan for a 32-story downtown Austin condo tower containing 220 new residences at the southwest corner of 14th and Lavaca Streets is now in review with the city, according to recent permit filings — one of several condo projects sought by local developers Pearlstone Partners throughout downtown in recent years, and one of only a few…