River Park, the massive 109-acre mixed-use development by developer Presidium Group and global private equity firm Partners Group, envisions the construction of roughly 10 million square feet of apartments, offices, hotel, and retail space over the next 10 to 20 years near the intersection of East Riverside Drive and Pleasant Valley Road. It’s a stone’s throw from the ever-expanding Oracle corporate headquarters…
residential
Southeast Austin’s Oracle Campus Planning Office and Hotel Addition
The sprawling waterfront headquarters of software multinational Oracle Corporation could soon expand once again in Southeast Austin, according to recent city permits. The firm, which opened a large office campus on South Lakeshore Boulevard in 2018 and designated the site as its new corporate headquarters two years later, currently owns approximately 50 acres on the southeast shore of Lady Bird Lake under the terms of a…
Demolition Underway at Avenue Lofts
The Avenue Lofts condo building at 410 East Fifth Street is officially coming down. Demolition is currently underway by construction firm AAR Incorporated this week at the 0.8-acre property at the northeast corner of East Fifth and Trinity Streets, only a bit more than a year after the 2022 buyout of this 38-unit downtown condo community by local developer Wilson Capital. Representatives…
One Lady Bird Lake Office Tower Project Redesigned for Residential Use
The 15-story tower project announced last year on the south shore of Lady Bird Lake by New York-based development firm the Related Companies will no longer contain approximately 475,000 square feet of office space, according to a set of design development documents for the site dating back to a little more than a month ago. Instead, the building…
Here’s a New View of Block 32, Building a Double Dose of Towers Downtown
The Block 32 project proposed by local developer Manifold Real Estate could bring a pair of residential towers to a half-block site one block away from the Austin Convention Center at the corner of East Third and San Jacinto Streets downtown — and let’s be real, after the last bit of news on the project dropped last summer, we weren’t sure we’d ever hear…
Here’s How Downtown Austin’s Block-Sized Hobby Building Could Redevelop
An announcement last week that the State of Texas is working with the City of Austin to redevelop the long-suffering state office complex known as the Hobby Building, located on a full downtown Austin block at 333 Guadalupe Street, was barely news — the building lost its population of state employees for greener, less rat-infested pastures at the Capitol Complex last year, and once…