Another Austin project — the W Hotel & Residences — took an important step forward yesterday with a lavish ground-breaking ceremony. Not unlike the Austonian which created a pile of dirt to be shoveled for the ceremony, the Block 21 development team and a world-famous basketball player and investor (Magic Johnson) used unusual guitar-shovels for the ground-breaking. The theme…
Riverside Condo Proposal Rejected by Planning Commission
When it comes to Austin condo zoning, there is one holy grail: there will be no exceptions to the current zoning rules which prohibit new construction within 200 feet of the shore of Lady Bird Lake. This simple rule, however, made for a difficult decision for the Planning Commission and the City Council.CWS Capital Partners…
Another New Project: Hyatt “Andaz” Condos
In April, Hyatt introduced a new boutique-style luxury hotel brand called Andaz. The first hotels, they announced, would be placed in world’s most important “international cross-road” cities. And so far, three such locations have been announced. First was London. Second was midtown Manhattan. And the third location to be announced is— believe it or not…
Downtown Condo Tour This Sunday
The Downtown Austin Neighborhood Association (DANA) is holding its 4th Annual Downtown Living Tour Sunday, September 30th, from noon to 5 pm. The event, which typically attracts more than 1,000 visitors, showcases homes and the benefits of living in downtown Austin. This year’s tour will feature a combination of existing residences, units in new buildings,…
Austin in 2010: The Tallest Buildings
Today, The Frost Bank Tower looms across the Austin skyline with a singular presence. While it may look like the world’s largest nose hair trimmer, it stands 120 feet taller than any other building in the city of Austin. Of the top ten tallest buildings in Austin, only three — Frost, 300 W 6th, and…
New Project: 8th & West Tower
Between the credit crisis, skyrocketing construction costs, and the slowing real estate market, we didn’t expect to see anymore downtown condo projects for a while. Today, however, we were surprised to learn of another downtown condo project announcement. Austin’s Fortis development today announced a new 20-story 200-unit condo tower to be developed on West avenue…
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