It’s been a whole five years since Dallas-based developers Genesis Real Estate Group purchased the 2.3-acre property at 80 Red River Street on the western edge of the Rainey Street District, but it seems the developer’s plans for a tower at this site are finally kicking into gear, with Genesis and its development partners PGIM Real Estate announcing earlier this week that construction financing for the…
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Notice Anything Different About These Two Corners in Downtown Austin?
You’ll find towers in various stages of planning or building on corners throughout downtown Austin, but two really stand out this month as signs of upcoming change — the southeast corner of West Fifth and Colorado Streets; and the southeast corner of West Sixth and Guadalupe Streets. Let’s hike down there and see what’s cooking. West Fifth and…
There’s Still Room To Grow in Austin’s Mueller Neighborhood, Believe It or Not
This year, the neighborhood fashioned out of the former Robert Mueller airport celebrates the 18th anniversary of its master development agreement between the City of Austin and developers Catellus, which began the 700-acre transformation of the site into a Central Austin destination with numerous housing types, commercial space, and a celebrated New Urbanist sensibility that makes the planned district…
Hundreds of Homes Rising Near Rails on an Oddly-Shaped East Austin Site
A six-story East Austin apartment project by local developer Lincoln Ventures is set to rise atop a triangular piece of land at 2700 East Fifth Street, bringing 625 residential units, a co-working space spanning two floors, and a 2,400-square-foot retail cafe and “urban grocery store” to the site, according to the developer — a bright future for…
New Downtown Austin Hotel Tower Planned at Fifth and Trinity Corner Site
The approval of demolition applications for two adjacent buildings in downtown Austin late last month by the city’s Historic Landmark Commission will clear the southwest corner of East Fifth and Trinity Streets for a new hotel tower project, according to development permits filed earlier this week. Occupying a quarter-block, the adjacent structures at 307 and 311 East…
Former State Pension Office Could Host Tower in Downtown’s ‘Innovation District’
The one-acre former headquarters of the Texas Municipal Retirement System, a state pension program providing retirement and disability benefits to municipal employees in hundreds of Texas cities, could soon be up for grabs. The program relocated its operations to a new office building at the recently-opened Grove development in Central Austin late last year, leaving the future of its old office space…