The Austin Proper Hotel & Residences, with its lodging and restaurant operations already open for business as of last month, has begun the closing process for its residential units this week, with owners expected to begin moving in soon. Announced by Los Angeles-based real estate development firm the Kor Group all the way back in 2015, this 32-story downtown Austin ...
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East Austin’s Centro Offices Will Transform Nearly Two Full Blocks
Centro, a mixed-use development by local firm Riverside Resources set to bring five floors of office and retail space to the so-called "Saltillo District" of East Austin, is still working its way through the city's permitting process -- meaning the project technically exists mostly on people's computers at this point. But looking at renderings doesn't really give you a ...
Brazos Lofts to Become Third Major Downtown Austin Condo Buyout
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 ...
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 ...
