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 . . . Become a patron to get the full story and…
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Austin real estate news combined with editorial and opinion.
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 . . . Become a patron to get the full story and gain access to TOWERS’ archive….
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
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 . ….
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 . . . Become a patron to get the full story and gain access to TOWERS’ archive….
Is There Really a Case for Reopening Sixth Street’s Weekends to Cars?
Members of Austin City Council voted unanimously last night to pass a resolution “relating to comprehensive strategies and immediate and longer-term actions to create a safer Sixth Street environment for all,” which directs city staff to study potential design interventions and other changes that could improve public safety in the East Sixth Street bar district that’s seen…