The 17-story University of Texas office tower known as Block 164 currently under construction on a portion of the 14-acre former Brackenridge hospital campus is now officially topped out, and we don’t even need anyone associated with the project to confirm that for us — as of this week, there’s a tree sitting up there. If you’re familiar…
News
Austin real estate news combined with editorial and opinion.
Austin’s Growth Helped Fund 200 Acres of New City Parks in 3 Years
First passed in 1985, Austin’s Parkland Dedication Ordinance has required new residential developments to dedicate a percentage of land for park use, pay a fee in lieu of an on-site park space, or both — and as the city’s growth continued beyond the wildest expectations of the 1980s, the ordinance saw its last update in 2016 , which added a parkland requirement for hotel…
All Signs Point to Yes at the Linden, Northwest Downtown’s Tallest Tower Yet
The Linden, a 28-floor downtown Austin condo tower planned in the previously rarely-developed northwestern corner of downtown Austin, is one step closer to becoming this area’s first major residential tower in many years. Along with a recent city permit for the installation of a 418-foot crane implying pending construction, a demolition application filed earlier this week is…
East Avenue Demolition Clearing Path for Rainey’s Next Condo Tower
The pending demolition of a restaurant building will soon clear the site of a planned downtown Austin condo tower on the edge of the Rainey Street District. The 41-story East Tower project by local developers Pearlstone Partners in partnership with New York-based investment firm ATCO Properties is currently expected to break ground later this year atop a 0.4-acre site…
Five More Floors of Office and Retail Headed for East Austin’s Saltillo District
The demolition of a long-empty East Austin warehouse dating back to the 1960s kicked off late last month at 1300 East Fifth Street, working to clear the site’s approximately 0.88-acre site — comprising a half-block facing East Fifth Street between Attayac and Navasota Streets — for the development of a five-story office building with ground-level retail space…
Zilker Park’s Renovated Cafe Seeks Beer and Wine Sales at Barton Springs
The historic Zilker Cafe concessions stand, a mainstay of Austin’s beloved Barton Springs Pool since the 1960s, completed a long-awaited renovation project this year after closing “in shambles” back in 2016. With this enhanced snack hub expected to reopen soon, the City of Austin hopes to bring the park something new: legal booze. Austin’s Parks and Recreation Department is now seeking…