As developer prepare for a third iteration of Zilker Park Residences , the project has been withdrawn from the market.In 2007, developers announced plans for 74 units to be developed on the eastern edge of Zilker Park on Barton Springs Road. With units starting at $300K and topping out near $1.3 million, the 3 building project was to…
New Project Listings: 904 West
We’ve added listings for 904 West , a new low-rise condo project on 9th Street and West Avenue. The new development is close to the Nokonah and Whole Foods in a corner of downtown that has seen very little condo development. 904 West is an interesting “green” condo project. It’s the only multi-residential property in downtown Austin offering…
La Vista on Lavaca is Dead. Again.
After a decade of starts and stops, the ill-fated La Vista on Lavaca condo project appears to be fully dead. Now the planned nine-story residential mixed-use tower consisting of 19 condominiums on the top four floors, a three-floor Executive Business Center, and first floor restaurant, has been abandoned mid-construction by its new owners.Continue reading here…
Downtown Austin Condo Sales Soar in May
We’ve updated the AustinTowers | TOWERS Realty Downtown Austin Condo Market Index through May, 2010 and, for the twelfth month in a row, MLS sales volumes have increased in comparison to previous year numbers. On a per square foot basis, however, year-to-date prices are down about 9% over the comparable 2009 numbers based on a 12-month rolling average.MonthSales Avg. Price$/SFAvg…
With Downtown Marriott Dead, Land Owners Seek New Hotel Developer
Last month, the Austin City Council enacted a zoning change and turned over a public alley in the most effort to lure a major convention hotel to Block 18 — the Congress Avenue block that used to house Las Manitas and which was at one point going to be taken over by a very large…
Shhhh! New Congress Tower Planned
According to city records, the owners of three vacant historic buildings on Congress Avenue between 9th and 10th street are planning to build a 16-story, 88,000 square foot office tower on the site. If successful, the project would commence construction in 2011 and open by Summer 2012.According to a statement by Tucker Lynch, a representative…