Now that it is open and available for occupancy, the 240 unit Milago is completely sold out. Despite the fact that all units have been purchased, it is curious to see 30 units — 1 / 8th of the building — currently listed on MLS. While some could be from people whose plans have changed between when…
Changes to the Capital View Corridor
The Capital View Corridor is a unique Austin phenomenon. As part of the downtown master plan, the city has set aside a number of corridors where development is severely restricted. The corridor essentially requires all buildings to be short so that they don’t block views of the capital from a number of predetermined angles. With…
Question: What are condo buyers interested in? Answer: 360.
The growth of the site has been amazing over the last three months – we’re now averaging nearly 1,000 visitors per month — it’s great to see so much interest in downtown high rise condo development. On our home page, there is about 40 links. Interestingly enough, the link that gets the most click is…
Now Available: Real-time Condo Listings!
The purpose of Austin Towers has always been to help downtown austin condo buyers to find the right project and unit. Today, Austin Towers launches a new listing section which will help make this a reality! The way most people choose a condo is by figuring out which building or buildings they want to live in…
More on Downtown Living Costs
When you focus on price-per-square-foot in evaluating costs, downtown condos may seem expensive. But there is more to the cost: – Energy costs in a condo are typically very low: it’s not uncommon for average utilities in a 2,000 SF unit (Electric + Gas + Water) to be under $100 per month. A similar house…
Very Expensive Barton Springs Living
Developers just announced plans to proceed with a 4-story, 27 unit development on Barton Springs just east of Lamar. The project is a very odd combination of location and pricing that suggests a lack of experience in residential development. Here is the summary from the Statesman: Now called 1155 Barton Springs, the project will consist…