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 a…
News
Austin real estate news combined with editorial and opinion.
Meet the Modern Austin Condo Tower, Headed for the Modern Rainey District
Perhaps by now you’ve heard that the downtown Austin condo tower project planned since 2019 by local real estate firm Urbanspace at 90-92 Rainey Street has officially announced its new look and brand identity — the Modern Austin Residences. These snazzy renderings of the new design from the project’s design architects at Nelsen Partners along with its architects of record at Page line up with the…
Corner-Clearing Demolition Approved for 14th and Lavaca Tower Plan
Austin’s Historic Landmark Commission approved the demolition of five adjacent buildings in downtown northwest of the Capitol at its meeting earlier this week, representing another step forward for a reported hotel tower project at the site from a partnership between local firms Sabot Development and Twin Crest Capital. The site is an approximately 0.42-acre assembly of four neighboring properties including…
Block 185, Austin’s New ‘Google Tower,’ Officially Topped Out Downtown
Block 185, the 35-floor downtown Austin office tower bringing an instantly-iconic sailboat-inspired design to the skyline and reportedly set to be occupied by tech giants Google celebrates its official topping out today, according to developers Trammell Crow Company and investment firm MSD Capital. (Sharp-eyed readers might note that “MSD” stands for “Michael Saul Dell,” meaning this tower was made possible at least in part…
Cielo Plans Two Towers on a Full Downtown Block at Fourth and Brazos
Austin commercial real estate firm Cielo Property Group now owns a full downtown block at Fourth and Brazos Streets in downtown Austin, with plans for two adjacent tower projects at the site containing a total of 1.6 million square feet, according to recent public records and a confirmation of the transaction from the developer. Cielo previously executed a reported…
Swede Hill Infill Could Stretch Austin’s ‘Innovation District’ East Across I-35
A portfolio of two adjacent commercial properties recently offered for sale against the I-35 frontage road near the Swede Hill area of East Austin reminds us once again of the ample opportunities for downtown-adjacent infill development near the highway in this area — and as the so-called Innovation District begins taking shape directly across the interstate around the former Brackenridge hospital complex and…