A Kentucky-based developer announced plans for a unique 44-story tower on a prime downtown lot today. The $200M project, “21c Austin” will combine a private contemporary art museum, condos, and a boutique hotel run under the 21c brand. The project is based on the 21c Louisville, which is the top-rated hotel in the city of…
The Efficient Condo Market
If you buy a house in central Austin, the odds are that it is different — in one way or another — from every other house in central Austin. When it comes time to sell your unique house, you may get lucky and sell for more than it’s worth, or you may be unlucky and…
Condo Fees by Building
One of the most common questions asked by first time condo buyers — especially in Austin where the popularity of condos is rapidly on the rise — is how much individual buildings charge in monthly condo fees. Condo fees fund the daily operations and maintenance of most condo buildings. They cover security, landscaping, cleaning of…
Thanks for all of your ideas and feedback!
May was a great third month for AustinTowers — with more than 1,200 visitors in just 31-days, it has been very exciting to see interest in the site grow so quickly. I am particularly thankful to the large number of readers who have completed the survey or sent thoughts, ideas, and feedback via email. It is…
New 31-Story Rental Tower Breaks Ground
While this site focuses on condo development, today’s announcement of a new rental project demonstrates the breadth of downtown development. The project — Legacy@Town Lake — is a 31-story, 187 unit rental project in the Rainey Street district near the Milago off Town Lake. According to the developer, rents are expected to range from $1,330 to…
Town Lake Condo Projects Fuel Opposition
A new group, “savetownlake.org” has been formed and has initiated legal action against the city to fight variances for a variety of condo projects on the banks of Town Lake. Essentially, they want to make sure that the city does not grant variances to allow new projects to build closer to the lake than current…