While the focus of AustinTowers is downtown high-rise residential development, there are a number of non-residential projects that will also help reshape downtown over the next few years. Here are a few: W Hotel – The new W Hotel will anchor the $225 million “Block 21” project in the heart of the second street district….
Is this the Future Austin Skyline?
With more than a dozen high-rise projects currently in the planning or construction phases, Austin’s skyline will change fast. This composite image (source unknown) provides a sense of the scale of the different projects. Note that the Congress Condos has been renamed the Austonian and is currently planned at 55 stories — about the height…
The Downtown Condo Market: 2003-2006
It’s not easy to get a clear picture of downtown condo sales volumes. Real estate sales statistics are reported by MLS area , and the downtown area cuts across a few zones: Area 4 runs from Guadalupe to I-35. Area 1B runs from Scenic on the west to Guadalupe / Lamar. Both are bounded on the south…
Welcome to AustinTowers!
I’ve been closely following Austin downtown residential development for the last couple off years. It’s been amazing. Developers are currently investing more than a billion dollars to build dozens of downtown residential projects. This will bring new life to downtown and the city, new tax revenues, while reducing growth in traffic and sprawl.