After changing hands earlier this year with a negotiated buyout of its 38 condo units by local real estate firm Wilson Capital, the Avenue Lofts at 410 East Fifth Street seem to be moving quickly towards a larger tower development at this extremely desirable 0.8-acre half-block site in the heart of downtown — the address now appears on the agenda…
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Austin real estate news combined with editorial and opinion.
It Sure Looks Like the Republic Tower’s Breaking Ground This Spring
(You are standing at the southern edge of Republic Square in downtown Austin, gazing south across West Fourth Street at a massive parking lot. In your heart, you know this parking lot could be so much more. Someone starts playing a sad French accordion.) Ah, ze Republic. A tower like no other. She has many charms, non? Not ze…
East Austin’s Latest Mixed-Use Project Pioneers Affordable Commercial Space
A large mixed-use development set to transform a vacant 15-acre tract currently zoned mostly for industrial use in far East Austin hopes to introduce a new community benefit that could serve as a model for future projects — 10,000 square feet of affordable commercial space, offered at 60 percent of market rent to small arts-focused local businesses…
Pour Out Some Popcorn for the End of Austin’s Very First Alamo Drafthouse
The original 1997 location of Austin’s now-national Alamo Drafthouse Cinema chain is currently in an advanced stage of demolition near the southeast corner of West Fifth and Colorado Streets in downtown Austin, as part of work to clear the area for the upcoming 415 Colorado office and residential tower project by local developers Stonelake Capital Partners. We casually noted this in…
With Financing Secured, the Travis Tower Is Ready To Rise Near Rainey
It’s been a whole five years since Dallas-based developers Genesis Real Estate Group purchased the 2.3-acre property at 80 Red River Street on the western edge of the Rainey Street District, but it seems the developer’s plans for a tower at this site are finally kicking into gear, with Genesis and its development partners PGIM Real Estate announcing earlier this week that construction financing for the…
Notice Anything Different About These Two Corners in Downtown Austin?
You’ll find towers in various stages of planning or building on corners throughout downtown Austin, but two really stand out this month as signs of upcoming change — the southeast corner of West Fifth and Colorado Streets; and the southeast corner of West Sixth and Guadalupe Streets. Let’s hike down there and see what’s cooking. West Fifth and…