We’ve added listings for 904 West , a new low-rise condo project on 9th Street and West Avenue. The new development is close to the Nokonah and Whole Foods in a corner of downtown that has seen very little condo development. 904 West is an interesting “green” condo project. It’s the only multi-residential property in downtown Austin offering…
La Vista on Lavaca is Dead. Again.
After a decade of starts and stops, the ill-fated La Vista on Lavaca condo project appears to be fully dead. Now the planned nine-story residential mixed-use tower consisting of 19 condominiums on the top four floors, a three-floor Executive Business Center, and first floor restaurant, has been abandoned mid-construction by its new owners. Continue reading…
Downtown Austin Condo Sales Soar in May
We’ve updated the AustinTowers | TOWERS Realty Downtown Austin Condo Market Index through May, 2010 and, for the twelfth month in a row, MLS sales volumes have increased in comparison to previous year numbers. On a per square foot basis, however, year-to-date prices are down about 9% over the comparable 2009 numbers based on a 12-month rolling average. Month Sales…
With Downtown Marriott Dead, Land Owners Seek New Hotel Developer
Last month, the Austin City Council enacted a zoning change and turned over a public alley in the most effort to lure a major convention hotel to Block 18 — the Congress Avenue block that used to house Las Manitas and which was at one point going to be taken over by a very large…
Shhhh! New Congress Tower Planned
According to city records, the owners of three vacant historic buildings on Congress Avenue between 9th and 10th street are planning to build a 16-story, 88,000 square foot office tower on the site. If successful, the project would commence construction in 2011 and open by Summer 2012. According to a statement by Tucker Lynch, a…
1155 Barton Springs Condo Project Files for Bankruptcy
In April of 2008, developers announced a 4-story, 27 unit development on Barton Springs just east of Lamar adjacent to the train tracks, McDonalds, and Peter Pan Mini Golf. With pricing starting at $1,000,000, our original reaction was that “the project is a very odd combination of location and pricing that suggests a lack of…