The tidal wave of construction on South Lamar Boulevard – near the Broken Spoke – isn’t over yet. Plans have just been filed for a large mixed-use project, consisting of three buildings, totaling half a million square feet of office, retail and 304 apartment units. The project is another development by Ardent Residential, the same group that…
Structures with Stories – 119 E 6th and the Tides of Changing Commerce – Downtown Austin Real Estate
The concept that buildings tell stories is nothing new. There are several books written on the idea (we have some in our brokerage office), and this is a founding principle on which many historical and preservation societies and the like are based (it’s certainly one of the more satisfying aspects of being involved in the…
Remember When There Weren’t Enough Hotels in Downtown Austin?
A few years back, the Statesman was reporting on the hotel shortage in downtown Austin ( link ). Given the boom of events happening in downtown, it was convenient to frame the “shortage” in the context of the Convention Center lobbying for expansion and how the hotel market had been steadily climbing to
A Fourth Street Flurry of Office Development in Downtown Austin
Two major downtown Austin office tower developments were announced this week. 405 Colorado Street, currently a surface lot just south of Frank , is set to be developed by the Brandywine Group. Although we’ll be sad to see the exterior wall art project that Frank and The Blanton collaborate on together be covered – we’re always…
New Demo Permits Signal Progress At Waller Park Place
A fresh new set of demo permits has been applied for that will make way for the largest private development ever proposed in Austin: Waller Park Place . In total (we counted), the demo permits account for over 30,000sf of building space. The demo sites are as follows: 504 Willow St (the old Chain Drive location) 505 Willow…
New Tower Proposed in the Domain Austin
Downtown isn’t the only part of Austin getting a new tower. We recently learned that HPI (a commercial real estate company) is looking to build a 300,000 sf, 11-story office building with an adjacent 7-story parking garage near the Domain up in north Austin. The building will be next the IBM 45 building in the Domain. There are…
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