BartonPlace , a planned 270-unit condo project behind Austin Java on Barton Springs Road, announced today that despite recent media attention and public speculation about whether the Austin condo market is being overbuilt, 300 people have already made reservations for a chance to buy a condo in their 270-unit project. They also announced that they will…
21c Museum & Condos Takes a Step Forward
The 21c Museum & Condos moved a step closer to reality this week. The project, a 44-story tower which will combine a museum, hotel, and condos in a very attractive structure on Third and Brazos, received approval from the Austin Design Commission. Next, the Austin Planning Commission will review the project on September 11 before…
Austonian (sort of) Breaks Ground
The Austonian , a 56-story tower at 2nd and Congress that would become the tallest building in the city, staged an elaborate “ground-breaking” ceremony today to signify the beginning of construction. While the ground-breaking does hold real symbolic value, it did not involve much in the way of construction equipment. For the ceremony, a pile of…
AustinTowers.net Featured on Fox News!
Update: Downtown Condo Sales
We have lots of updates today on the state of sales at the leading downtown projects: – The W Austin Hotel & Residences, which is currently building a sales center at Block 21 in downtown Austin, reports that about three-fourths of the 196 condo units have been reserved with a deposit. Construction of the building…
Forecasting Downtown Condo Sales
The Statesman ran a comprehensive analysis of the current condo building boom — it was the lead story in today’s paper. As part of the article, they interviewed many experts on the downtown condo market. With the ongoing mortgage crisis, the billion dollar question is how the Austin condo market will fare. The answer: while…