The New York Times published an interesting analysis of the development pressures on the hill country surrounding Austin. The hill country is one of Austin’s greatest assets and has historically been protected from development by the difficulty of providing a reliable water supply across the rural region. Recently, however, new water infrastructure has changed the…
360 Sales Update
According to a source who recently visited the 360 sales center, the 44-story 430 unit is selling well and should sell out soon — many months ahead of its scheduled completion date. With 430 units, 360 is the largest of the current crop of developments, so a sell out would be a strong sign for the market.The…
The NEW Austin Luxury Condo Market
When 21c Musuem & Condos , the latest downtown luxury condo project, was announced on June 11, many interesting questions were once again raised about the downtown luxury condo market. While the market remains strong for units priced below $400K — such as many of those in 360 and Milago — the market for high end units is not yet proven….
Spring Breaks Ground
Another downtown Austin condo building has begun it’s unstoppable climb to the sky. Over the last few weeks, construction has begun on the Spring condo development in the Austin Market District, just south of Whole Foods. The $70 million project will be 42-stories high. The 260-unit project at 3rd & Bowie will have units starting in the…
Site Update: 3 New Profiles Added!
As new downtown Austin condo projects are announced, we add them to AustinTowers. Over the last week we’ve added three full new profiles for recently announced projects. This brings the total number of projects covered by AustinTowers to 36! The new profiles are: Nokonah Brown Building Brazos Lofts And of course, they can all be found in either the ….
Waller Creek Project: An Important Investment in Downtown Infrastructure
In 1981, massive amounts of rain caused deadly and damaging flooding on Shoal Creek. According to experts, a similar flood could occur today on Waller Creek which passes through downtown just West of I-35. If this were to happen, there could be significant damage across more than 1 million square feet of prime downtown real…
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