If you are interested in living in a downtown condo, the best buying opportunities are often during the “Pre-Construction” process. Before a project has funding, the developer must fill at least 50% of the proposed units with prospective buyers. To do this, they often offer discounts and other incentives to draw in buyers.Those that are…
Inside 360: The Amenities Deck
When it comes to downtown Austin condos, the biggest news of 2008 is the recent opening of 360 . With the opening, residents have begun to occupy the 430 sold-out units in the 44-story condo tower.In many ways, the heart do the 360 project is the 9th floor amenity deck: the social center of 360 where…
It’s Back: 800 West Applies for Height Variance
Last September , Fortis Development proposed a 250-foot, 200-unit, 25-story tower on 8th street and West Avenue near downtown. Since the area is currently zoned for buildings no taller than 60 feet, the project required a zoning variance or zoning change. This week, the developers continued to press their case to the ciry for the zoning…
Trammell Crow to Develop 6 Acre Downtown Site
Today, the City of Austin offically selected Trammell Crow, Constructive Ventures, and USAA toredevelop the six acre Green Water Treatment Plant site into a dense multi-use extention of downtown. As part of the deal, the development team will pay the city $57.9 million for the right to develeop the prime site. With the developer selected…
Star Riverside Begins Construction
Star Riverside , a four building condo complex on Riverside Drive just east of I-35, has officially commenced construction on the first 2 buildings. In this first phase, two 6-story lake front buildings will contain 64 large mostly 3/3 units ranging from 1,500 to more than 2,500 square feet with prices starting at $600k. The first two…
City Staff Recommends Trammell Crow Proposal for Green Water Treatment Site
This week the city staff recommended Trammell Crow’s proposal for redevelopment of the Green Water Treatment plant tract in downtown Austin. Trammell Crow and it’s partner Constructive Ventures, which has been involved in the development of Spring and BartonPlace , proposed the most ambitious plan for the site with the tallest buildings, the most parking, and the…
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