The Texas-China Investment Summit, held last month in Austin, could bring millions of dollars in foreign investments to projects in Central Texas. Of the many possible development opportunities in search of funding listed on the summit’s site, five projects, totaling $300 million worth of investments, are currently in negotiations with a potential Chinese backer. It wouldn’t be the first sign of international interest in local real estate. Texas is the…
North Austin: It’s Cool Now, Seriously
Being an Austin native is a special kind of birthright. You’re still paying the same rent as everyone else, but you’re allowed to complain about it with a certain sense of entitlement, and people expect you to know all the secret “Old Austin” spots — you know, restaurants and bars that opened before, say, 2010. Sadly,…
39 Story Residential Tower Proposed at 3rd & Colorado
According to site plans filed with the City, developers are planning a 39 story multi-family tower at the northwest corner of 3rd & Colorado. Call it the “Sullivan’s Steakhouse” site for short. The applicant consists of Big Steak LP and Riverside Resources, the latter having a successful track record of downtown Austin development, including The Whitley apartments and the…
Austin Oaks PUD Comes Through a Neighborhood Associations’ Gauntlet, … Almost
After months of tweaking its master plan in order to bring on board northwest Austin residents, Spire Realty had hoped to get City Council approval in early November for its Austin Oaks Planned Unit Development. The various neighborhood associations-but particularly Green Trails Estates- engaged with Spire Realty on this 31.4-acre mixed use project, managed to throw up one more roadblock…
Massive Austin ISD Land Sale Could Pave Way For Affordable Housing
An Austin Independent School District advertisement for bids on more than 102 acres at 10 locations around the city will no doubt stir developer interest. Given the variety of locations—from the Central Business District to a tony Travis Country bedroom community near the Barton Creek Greenbelt—there are possibilities for high-end townhomes, affordable multifamily, upscale single family, commercial and mixed-use…
91 1/2 Red River Preps For Demo
91 red river is fenced up and the trees are protected in two-by-fours. Two years ago the owners of 91 and 91 1/2 Red River Street applied for demo permits . These two lots comprise the northeast corner of Red River at Davis Street in the Rainey Street District, and the backyard of 91 Red River was the original home of G’raj…