Last month the Statesman reported new details of the 3eleven apartment tower proposed by Endeavor. Above and below are the more recent elevation drawings of the building. Endeavor’s original proposal to develop the site on the bank of Shoal Creek was shot down by City of Austin Planning Commission on the grounds that a pecan tree…
The Whitley: Downtown’s Next Apartment Tower
We’ve learned that the apartment tower which had been known simply as “3rd & Brazos”, will operate as The Whitley apartments. The tower is currently under-construction. Local development firm Riverside Resources acquired the site in 2011 from Poe Companies (recall back in 2008, Poe intended to develop this site into the 21c Museum Residences). The site consists of…
Affordable Housing Development Gets Funding
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…