• Skip to main content
  • Skip to primary sidebar
  • Skip to footer

TOWERS

Austin city life since 2007.

  • News
    • Condo Projects
    • Neighborhoods
  • Listings
    • Austin Condo Guide
  • Newsletter
Search
You are here: Home / Development Watch / Something is finally happening at 220 S Congress
Search suggestions: condos for sale • rainey street

Something is finally happening at 220 S Congress

Jude Galligan February 5, 2015 Comment

Heading northbound on Congress Avenue, just before you cross over Lady Bird Lake into Downtown Austin proper, you’ve probably noticed a vacant commercial building on your left.

This is the one:

220 S Congress-downtown-austin

220 S. Congress taken from Google Maps

We’ve certainly noticed it and marveled at how such a high-profile location could continually remain vacant for such long periods of time.  The last use I remember in the space was a modern furniture store called “Your Living Room”, which I believe shut down in 2008 or 2009.

So we are thrilled to find out something is being done with the space.

AustinTowers.net recently received a press release that Cielo Property Group will be heading up a major renovation of the 25,000 sf three-story building, which was originally built in 1936 and has great historic features such as exposed brick, metal trusses, and a general raw, industrial aesthetic. It reminds us of Brazos Lofts (except 220 S Congress will be for commercial use only, no residential is planned at this time).  Cielo plans to retain the character and feel of the building.  The renovation looks to be somewhat light for the exterior of the building, and will reportedly focus on replacing outdated infrastructure and creating ways to make the space divisible for multiple businesses. Gensler is the architect.

Interior renovations start this week, and Cielo expects to have the building fully renovated and leased by the end of 2015.

We’re told that the building was bought by Cielo in December 2014.  Looks like an LLC governed by a corporation headed by the principal of Reagan Outdoor Advertising owned it before (and they still own the billboards, apparently). The billboards will remain on the site after the renovation.

In our mind, the project, by virtue of it’s stellar location if nothing else, will be a home-run.  Per Cielo’s press release:

Multifamily projects currently underway in the immediate vicinity include The Catherine, a 300 unit luxury apartment tower developed by StreetLights Residential at 214 Barton Springs Rd. and Broadstone at the Lake, a 220-unit community by Alliance Residential on the former Run-Tex site at 422 Riverside Dr.

With that much residential nearby, plus hotel traffic from the likes of the Hyatt, 220 S. Congress will do great with commercial activation.  CBRE is listing the property for lease, quoting $36 /SF/Year + NNN.

Take a look at the renderings from Gensler:

This slideshow requires JavaScript.

We’ll keep you posted as we learn more!

Related

Filed Under: Development Watch

About Jude Galligan

Publisher of TOWERS.net. Real estate broker. Advocate for compact and connected city planning. Email: jude@towers.net

603 Davis Street #604
Austin, TX
Photo of 603  Davis Street #604, Austin, TX 78701 (MLS # 2434110)
$649,900
10
  • Lot Size
    214 sqft

  • Home Size
    1,136 sqft

  • Beds
    2 Beds

  • Baths
    2 Baths

Previous Post: « Hotel Proposed for 12th and Red River in Downtown Austin
Next Post: New Travis County Courthouse Proposal: Wrong Place, Wrong Time »

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

  •  Schedule a showing

FEATURED Listings

603 Davis Street #604
Austin, TX
Photo of 603  Davis Street #604, Austin, TX 78701 (MLS # 2434110)
$649,900
10
  • Lot Size
    214 sqft

  • Home Size
    1,136 sqft

  • Beds
    2 Beds

  • Baths
    2 Baths

44 EAST Avenue #2310
Austin, TX
Photo of 44  EAST Avenue #2310, Austin, TX 78701 (MLS # 9418770)
$1,425,000
40
  • Lot Size

  • Home Size
    1,260 sqft

  • Beds
    2 Beds

  • Baths
    2 Baths

View Virtual Tour
2305 Coronado Street #E
Austin, TX
Photo of 2305  Coronado Street #E, Austin, TX 78702 (MLS # 7596312)
$545,000
18
  • Lot Size
    1,394 sqft

  • Home Size
    1,252 sqft

  • Beds
    1 Bed

  • Baths
    2 Baths

608 Brentwood Street #A
Austin, TX
Photo of 608  Brentwood Street #A, Austin, TX 78752 (MLS # 3202099)
$989,608
33
  • Lot Size
    4,356 sqft

  • Home Size
    1,959 sqft

  • Beds
    3 Beds

  • Baths
    3 Baths

501 West Avenue #2103
Austin, TX
Photo of 501  West Avenue #2103, Austin, TX 78701 (MLS # 4503529)
$2,895,000
40
  • Lot Size

  • Home Size
    2,822 sqft

  • Beds
    3 Beds

  • Baths
    4 Baths

austin condo report

Featured Buildings

  • 360 Condos
  • Austin City Lofts
  • The Independent
  • The Shore Condos
  • 70 Rainey

Footer

LEGAL NOTICE

TREC Information About Brokerage Services (pdf)

Texas Real Estate Commission Consumer Protection Notice


TOWERS realty

Austin Condos For Sale

Agents

Downtown Buildings

Luxury Towers

  • Four Seasons Residences
  • W Hotel & Residences
  • The Austonian
  • 5 Fifty Five at Hilton

Most Popular

  • The Shore
  • 360 Condos
  • Seaholm Condos
  • Spring Condos
  • Milago Condos

New Construction

  • The Independent
  • 70 Rainey
  • Austin Proper
  • Fifth & West

Loft Style

  • Austin City Lofts
  • Brazos Place
  • The Sabine
  • Plaza Lofts
  • Avenue Lofts
  • Brazos Lofts
  • Brown Building

Resources

  • Austin Condo Guide
  • Condos For Sale
  • Condo Buyer FAQ
  • Property Search

Featured

Archives

Newsletter · About · Contact Us · DMCA · Privacy Policy · SLAPP · Copyright © 2007-2022 TOWERS.net · All Rights Reserved
 

Loading Comments...