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 fever pitch . Notably absent from the discussion were short term rentals in downtown…
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 St 92…
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…
Downtown Austin Development Update
Below, find a no-spin update on various development projects happening in Downtown Austin, organized by type of project, and then by alphabetical order. There’s been lots of press about proposed condo projects, but as I write this there is only one active crane attached to a condo project: Seaholm. [googlemaps https://maps.google.com/maps/ms?hl=en&ie=UTF8&msa=0&msid=207328502302599224473.00045dce3be5807c110a2&t=h&ll=30.269551,-97.746571&spn=0.029142,0.035834&output=embed&w=600&h=400] Apartments 1) Aspen Heights Apartments…
Downtown Austin Creek News
Downtown Austin is a bit of unique geography, flanked by two natural creeks: Shoal Creek to the west and Waller Creek to the east – each flowing into Ladybird Lake to the south. As downtown Austin flourishes, both creeks are making efforts to restore / improve their terrain and engage the community around these natural amenities. The Waller…
