The 35-story downtown Austin condo tower planned by Vancouver-based developer Northland Living for the Combined Law Enforcement Associations of Texas (CLEAT) headquarters at the northwest corner of 14th and Guadalupe Streets is going public this week, with a site plan filed with the city for the project yesterday and a press release announcing the building issued today by the developer.
35-Story Downtown Austin Condo Tower Planned at 14th and Guadalupe
The detailed design document from local architects Page we dug up for the development back in October showed two possible designs for the tower at 400 West 14th Street, so we’re excited to learn from today’s announcement that Northland is moving forward with the Luminary design option — and today we’ve learned from Northland that’s also going to be the name of the 400-foot building.
Designed by Page Southerland Page Inc.’s Austin team, the concept calls for a bright, neutral aesthetic with copper-toned metallic elements. Elegant, graceful arches adorn the street-level, which features 4,800 square feet of ground-level retail space, including a prime spot for a restaurant. Residences will rest atop the retail space, a 6.5-level parking structure, and one level of contemporary office space – with an amenity deck just above the parking podium. Amenities will include a pool, fitness facilities, and expansive indoor and outdoor spaces, providing an ideal backdrop to unwind, entertain, and appreciate the captivating views of the downtown Austin skyline and surrounding neighborhood.
— Northland Living, Luminary Press Release
According to the developers, the Luminary tower will include 286 condo residences ranging from one to three bedrooms in size, along with 10,000 square feet of office space so CLEAT can continue its operations at the site while maximizing the value of its land in the new development. Residences in the tower are targeted for a price range from $600,000 to $3 million, with a significant number of residences priced below $1 million — believe it or not, bringing new downtown residences to market for under a million opens the possibility of ownership to a market segment that’s nearly priced out in this area, according to the project’s sales team at Urbanspace.
The Luminary tower’s design, which ultimately went with a lighter material palette than the second design option known as Arcadian, still has a warm feel due to its copper-toned panel accents on the outside of the structure’s parking podium and up the facade of its condo tower section. The project also contains ground-level retail space, which should enhance the pedestrian environment in this growing district. Although there’s no timeline for groundbreaking from the developers at the moment, in the current lending environment we’re thrilled to see some builders still taking a chance on new residential ownership opportunities downtown, especially in this underrated northwest corner. Let’s hope 2024 is the year it breaks ground.
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