Holly Project, a park improvement initiative spearheaded for years now by the folks at the Trail Foundation to accessibly realign and improve a section of the the Hike-and-Bike Trail in the Holly Shores area of East Austin, is nearing the end of its design period after soliciting significant public input over the last two years — and the updated site…
News
Austin real estate news combined with editorial and opinion.
Natiivo Austin’s ‘Home Sharing’ Concept is 99 Percent Sold in the Rainey District
An unorthodox ownership model and the economic stresses of a pandemic couldn’t keep Natiivo Austin down, though its unique “home sharing” concept remains the only ground-up development of its kind in the region. As of today, the 33-floor tower’s developers at Pearlstone Partners and Newgard Development Group along with the sales team at Prospect Real Estate confirm its 249 units…
The Vesper Condo Tower Breaks Ground in the Rainey Street District
The 41-floor downtown Austin condo tower project at 84 East Avenue has completed the demolition of existing buildings at its 0.4-acre site and officially entered the construction phase, according to its local developers at Pearlstone Partners and the New York-based investors ATCO Properties. The Rainey Street-adjacent tower, which Pearlstone announced today will be called Vesper, is expected to bring 284 condos to the district…
Offices With Downtown Views Head for an East Seventh Street Hilltop
A five-story, 110,000-square-foot office project with approximately 8,000 square feet of ground-level restaurant and retail space by local real estate firm Aquila Commercial is set to rise any day now on an East Austin hillside located at the northwest corner of San Marcos and East Seventh Streets, representing a transformative development for the unoccupied half-acre site at 924 East Seventh…
Downtown Austin’s Most Eligible Warehouses Hit the Market at 99 Trinity
A block of 1970s-era warehouses located at 99 Trinity Street, representing a low-density curiosity in a region of downtown Austin otherwise experiencing rapid growth, is listed for sale as of this week via commercial real estate giants JLL — and maybe it’s needless to say, but the possibility of development at this site is music to our ears. This prime 0.94-acre…
Affordable Apartments Bound for Brentwood in North Central Austin
The Texas Department of Housing and Community Affairs approved low income tax credits late last month for 70 affordable apartment projects across the state to the tune of nearly $85 million — and one of these communities will soon rise in the heart of the Brentwood neighborhood of North Central Austin. June West, an 80-unit mixed-income community set to transform the 1.13-acre…