Unit owners at downtown Austin's Brazos Lofts condominiums reportedly signed off last year on a $55 million buyout of the building, and according to information shared with TOWERS by confidential industry sources, the closing and distribution of those funds is anticipated this week in preparation for the site's eventual redevelopment by its soon-to-be new owners, local real ...
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Here’s 90-92 Rainey, a 53-Story Tower for Downtown’s Fastest-Growing District
Earlier this year saw the announcement of a mixed-use tower in the rapidly-rising Rainey Street District by local developer and Urbanspace CEO Kevin Burns, but since that news broke back in March we haven't heard much else about the project -- described at the time as a hotel, residential, and retail building with 50-odd stories headed for the corner of Davis and Rainey Streets ...
A Second Tower Project’s Headed Downtown at Sixth and Guadalupe
A mixed-use apartment and office tower by national real estate firm Ryan Companies is in an early planning phase atop a nearly half-acre land assembly on the southeast corner of West Sixth and Guadalupe Streets in downtown Austin -- making the as-yet-unnamed project the second tower now planned at this intersection, joining the 6 X Guadalupe development already preparing for ...
Between Rails and Roads, an East Austin Office Project Braves the Squeeze
A vaguely triangular piece of land created by the gradual confluence of a rail line with East Fifth Street sounds like a challenging choice of site for East Austin's next big development, but then again, constraint drives creativity -- making the office project bound for a 1.74-acre tract at 2700 East Fifth Street more interesting than most. The four-story ...
Downtown Austin’s Marriott Hotel Tower Celebrates Its ‘Topping Out’
It sounds a little strange to call a 31-story tower project "under the radar," but for all its prominence, the new Marriott hotel tower rising at the northwest corner of Cesar Chavez and Trinity Streets just across from the Austin Convention Center hasn't received all that much attention in the news lately. Still, its 613 guest rooms and direct proximity to the ...
