A towering future for the full block at 701 Trinity Street bound by Neches, Trinity, Seventh and Eighth Streets could finally take shape, after years of speculation and modifications to a challenging design in a challenging location. What’s known as Block 87 in the original downtown Austin plan, now home only to a parking lot, was originally…
News
Austin real estate news combined with editorial and opinion.
Windsor Park’s First Shopping Center Looks Ready to Grow. But How?
Windsor Village, the first shopping center opened in the midcentury Windsor Park neighborhood of East Austin in 1960, could someday host a transformative redevelopment of its property into a major residential and retail complex courtesy of prominent Houston-based commercial real estate firm Transwestern. That’s at least the admittedly murky impression from pre-development documents related to the project,…
Timbercreek Redevelopment Could Bring 550 Apartments to Bouldin
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…
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…