World Class Capital Group, an Austin-based real estate investment firm, boasts perhaps one of the most enviable property portfolios in the downtown area. Needless to say, they own a lot. Though their acquisitions have occasionally drawn controversy, the company’s most visible impact on the downtown area at the moment is via the banners they hang on the…
real estate
In the Rainey Street District, You Can Learn a Lot From a Sign
Here’s a couple of signs, just doing some sign stuff over at 56 East Avenue. As far as the map’s concerned, this 1.12-acre site is one block removed from the Rainey Street District’s hustle and bustle, but it’s functionally a lot closer, a building sitting in the shadow of condo and apartment towers against the eastern…
Statesman Sale Shines Spotlight on South Central Waterfront’s Future
On Halloween earlier this week, we learned that Cox Media Group, owners of the Austin American-Statesman since 1976, have put the newspaper up for sale. It’s not a particularly spooky news item unless you’re a journalist concerned about the uncertain future of Austin’s paper of record, but it draws attention to another interesting possibility: the development of the…
Before Uber’s Return, RideAustin Was Already Losing Its West 5th Office
With recent state legislation clearing the path for national ridesharing companies Uber and Lyft to reappear in Austin, the fate of the city’s homegrown alternatives is uncertain, to say the least. Well, it’s really only uncertain for one company — after Fare shut down operations this week, the local nonprofit RideAustin is the only major local option left. Considering that the company also…