A second Austin condo project has announced plans to close out its condo inventory through a one-day auction. Bel Air, an 83-unit condo project that opened on South Congress Avenue more than two years ago, has announced plans to sell the remaining 25 units on August 9. This is the second large condo auction in…
The New Downtown Austin Rental Market
Eleven years ago, if you wanted to live downtown there was really just one choice: the pink Railyard apartments near the convention center. In fact, the Railyard is so close to the convention center that half of the units needed to be knocked down to build the convention center extension. The remaining units are no…
Austonian Now Tallest Building in Austin
According to the Austonian, after 640 days of construction, tonight The Austonian will become the tallest structure in Austin at 571 feet. The next milestone comes in December when The Austonian’s glass crown is installed. The 56-story building will reach 683 feet at that point making it the tallest residential building in the western United…
Austonian: Sweet Services for Visiting Guests
The Austonian is already the tallest building in Austin. It will have great views and a perfect location on second and Congress.While the project is somewhat pretentious, the Austonian team is working hard to differentiate the project through services. In their latest update, the project team has announced a unique catalog of services and amenities for…
EXCLUSIVE: Downtown Condo Market Surges
Over the last 8 weeks, the downtown condo market has taken a dramatic positive turn. After 20 tough months, buyers have begun snapping up units at a surprisingly strong pace. While the MLS data shows 11 units having sold during May — 2 less than last year — the real story is much more dramatic….
The Worst Condo Project Ever?
Some condo projects are better than others. After reading a story in the New York Times, I can safely say that the worst condo project in the country is not in Austin. For the bargain price of $1,300 per square foot, you could own a piece of the Sheffield57, a 50-story condo conversion project on…