Though you’ll find a lot more steel and concrete than wood these days in downtown’s newest towers, you might have heard something lately about the role of lumber prices in Austin’s “extraordinary” housing market, currently commanding the highest sales over asking price for new homes of any major city in the nation — in fact, it’s estimated that rising costs of lumber across the country…
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Natiivo Is Officially Topped Out at 33 Floors in the Rainey Street District
Only a year and change after its groundbreaking ceremony in August 2019, downtown Austin condo tower project Natiivo is officially topped out. Its 33 floors, rising at 48 East Avenue on the edge of the forever-growing Rainey Street District, will operate under a unique “home sharing” ownership model its developers at Pearlstone Partners and Newgard Development Group describe as a “first-of-its-kind, innovative concept…
Let’s Have a Nice Day at Waterloo Park, (Finally) Set to Open This Fall
We’d be lying if we said the redevelopment of Waterloo Park wasn’t an agonizingly slow process — this downtown Austin park has remained closed to the public since 2011, which means we’re creeping up on nearly a decade without its 11 acres of green space around the banks of Waller Creek between East 12th and East 15th…
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…
With Groundbreaking Later This Month, 44 East Avenue is 25 Percent Sold
44 East Avenue, the tallest downtown Austin condo tower headed for the Rainey Street District at the moment, is less than a month away from celebrating its groundbreaking — and more than 25 percent of the project’s reported 322 residential units are already under contract, according to local real estate firm Urbanspace. Intracorp, the developers behind the tower…
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…