Earlier this morning, I found a Site Plan Determination/Exemption application for 500 E 6th Street. This is the NE corner of 6th @ Neches and if you know anything about this corner, then you’ll appreciate the significance of investment in this corner. For years this corner has been the poster-child for “Dirty 6ixth” blight, so any…
Waterline’s Penthouse Will Be Ready For You on September 1st
The Waterline, Austin’s tallest tower, is finally ready to welcome residents after years of construction. Serving as the gateway to the Rainey District, the Waterline is responsible for much of the Waller Creek Greenway Confluence build-out in the district. Today, the first MLS listing popped up and it’s for a 69th floor two-bedroom, priced at –…
Apollo Chooses Austin
Apollo Global Management ( $APO ) has announced that Austin has been chosen as its innovation and emerging technology hub. Notably, Austin was in the running against Miami, Palm Beach and Nashville. Reports keep referring to this deal as a “second headquarters”; implying that Apollo is not quite ready to abandon its New York City roots, and this isn’t…
Well, That Backfired
We’ve all heard cars that backfire incessantly. The siren song of enthusiastic, gifted, drivers who enjoy announcing their car’s presence at stop lights. A proposed new law is on deck to limit how much exhaust noise a “person of ordinary sensibilities” must tolerate. City Council is expected to vote on the ordinance at their next meeting….
Paseo Apartment Tower Celebrates Topping Out on Rainey Street
Paseo, the 557-unit downtown Austin apartment tower now rising on Rainey Street that just happened to receive its name from yours truly, has officially reached its maximum height. The building’s development team, including its general contractors at JE Dunn Construction and developers LV Collective, celebrated this “topping out” milestone last Friday, sending a flag up the tower crane and signing the…
Home2 Suites Hotel Tower Planned at the North Edge of Downtown Austin
A 14-story hotel tower containing a Home2 Suites by Hilton is planned on the north edge of downtown Austin near the southeast corner of Guadalupe Street and West Martin Luther King Jr. Boulevard, according to recent permit applications with the City of Austin. The project by Houston-based management firm PA Hospitality is expected to rise…