Located at 11th Street & Trinity, Foundation Communities’ next development will be downtown Austin’s first affordable housing effort since the Lakeside tower was built 40 years ago. The Statesman is reporting that Foundation Communities will receive $1,100,000 in Federal tax credits over the next 10 years for the project names, Capital Studios. They have also applied…
Exclusive: Downtown Austin Condo Sales Report
It’s no secret that the demand for downtown Austin living is growing. However, information on sales of new condos has been closely held. This had the tendency of just emboldening skeptics. Now, the data presented here should allay lingering doubts about downtown Austin condo pricing. Below is a chart of the monthly aggregate sales data…
Editor’s Update
The Austin Towers team wants to take a minute to say “thanks!” for your continued readership and let you know about some changes coming. We’re excited to announce that Austin Towers was acquired by and will become a part of the Downtown Austin Blog network. Downtown Austin Blog publishes real estate sales data similar to…
Coming to Congress Ave: The Monster Marriott
Years after Las Manitas was prematurely demolished for the long-planned, controversia giant Marriott, the food trailers have finally been relocated and the lot fenced. It seems that construction is now about to begin. And with construction so close, new details and pictures have emerged. The original plan for the project included 1,000 rooms across 3…
New, Improved Building-by-Building Condo Listings!
Look! We’ve updated our listing pages to provide a much-improved Condo browsing experience. Whether you are looking to buy, sell, or voyeuristically peak inside a stranger’s condo, you’ll like the updated site. The way most people choose a condo is by figuring out which building or buildings they want to live in and then looking to see…
The Seaholm Fiasco: Historic Building to be Closed to the Public
This past week, the Austin City Council essentially gave away the iconic, historic Seaholm Power Plant building to developers for the construction of commercial office space that will almost entirely be off limits to the public. As Ken Altes, a founder of a group called the Friends of Seaholm, eloquently summarized at the City Council…