The redevelopment of a 1970s-era South Austin apartment community could bring up to 550 new apartment units to the Bouldin Creek neighborhood, only a stone’s throw from the city’s growing South Central Waterfront district. The proposal, outlined in a briefing by Austin’s Planning and Zoning Department at a meeting of the city’s Environmental Commission earlier this week, will…
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Brazos Lofts to Become Third Major Downtown Austin Condo Buyout
Unit owners at downtown Austin’s Brazos Lofts condominiums reportedly signed off last year on a $55 million buyout of the building, and according to information shared with TOWERS by confidential industry sources, the closing and distribution of those funds is anticipated this week in preparation for the site’s eventual redevelopment by its soon-to-be new owners,…
See Inside Natiivo, the Rainey Street District’s ‘Home-Sharing’ Experiment
The “home-sharing” concept of the 33-floor Natiivo tower, now under construction at 48 East Avenue on the edge of downtown Austin’s ever-growing Rainey Street District, will introduce some new forces to the local hospitality and short-term rental market. In fact, if we were advertising the project, the first of its kind in the city, we might describe its potential effects…
The Independent, Austin’s Tallest Tower, Will Soon Light Its Crown
The Independent, a recently-completed downtown Austin condo tower that’s currently the city’s tallest at 58 floors and better known to many as the “Jenga Tower,” is only a few short weeks away from switching on a long-rumored lighting system for the illumination of its crown. In fact, it turns out the actual lights were installed at the top…
A Second Hanover Residential Tower May Bring 41 Floors to Third and Brazos
The 44-story Hanover Republic Square apartment tower is seemingly days away from breaking ground at the corner of West Fifth and Lavaca Streets in downtown Austin, but its developer and namesake the Hanover Company already has another project up its sleeve — a 41-story residential tower planned for a 0.4-acre tract at 205 Brazos Street, also known as…
Here’s 90-92 Rainey, a 53-Story Tower for Downtown’s Fastest-Growing District
Earlier this year saw the announcement of a mixed-use tower in the rapidly-rising Rainey Street District by local developer and Urbanspace CEO Kevin Burns, but since that news broke back in March we haven’t heard much else about the project — described at the time as a hotel, residential, and retail building with 50-odd stories headed for the…