The 48-floor apartment tower planned for a 0.66-acre assembly of properties in the heart of Austin’s fastest-growing entertainment district at 80 Rainey Street has officially secured its financing this week. The development partnership between local firm LV Collective and real estate investors ELV Associates and JE Dunn Capital Partners announced on Wednesday that the project has closed on its…
city life
Residential Tower Could Replace Ninth and Lavaca Parking Garage Downtown
A site plan filed earlier today with the City of Austin indicates a residential tower is in the development stage at the northeast corner of West Ninth and Lavaca Streets in downtown, a 0.41-acre or roughly quarter-block site at 901 Lavaca Street currently occupied by a seven-story parking garage structure. The permit filing, simply calling the project…
East Austin Creative Office Plan Looks for a Little Extra Height in Govalle
A potential office building development at an East Austin industrial site in the Govalle neighborhood is headed to tomorrow’s meeting of the city’s Planning Commission, seeking a change of use from industrial to commercial and a Planned Development Area (PDA) rezoning for the roughly 1.42-acre property at 4927 East Fifth Street. The change, which is recommended by city staff…
Jack Brown Cleaners Site Pivots to Housing in Northwest Downtown Austin
A rezoning case headed to Austin’s Planning Commission next week indicates a longtime industrial tract in the far northwest corner of downtown is preparing to redevelop as high-rise housing. Located at 615 West MLK Jr. Boulevard between Nueces and Rio Grande Streets, for decades the roughly 0.68-acre tract has hosted the central laundry facilities of the local…
32-Floor Downtown Austin Condo Tower Planned at 14th and Lavaca Corner
A plan for a 32-story downtown Austin condo tower containing 220 new residences at the southwest corner of 14th and Lavaca Streets is now in review with the city, according to recent permit filings — one of several condo projects sought by local developers Pearlstone Partners throughout downtown in recent years, and one of only a few…
Climb Austin’s New Tallest Tower With This Eye-Popping Drone Footage
It’s a new year for towers in downtown Austin, but the first week of January is historically a little slow for any majorly breaking development news around here — everyone’s still shaking the dust off after the holiday season. So even if it might be a while before we tilt the lid on any new tower plans,…