• Skip to main content
  • Skip to primary sidebar
  • Skip to footer

TOWERS

Austin city life since 2007.

  • News
    • Condo Projects
    • Neighborhoods
  • Listings
    • Austin Condo Guide
  • Newsletter
Search
You are here: Home / Development Watch / The Coming Transformation of South Lamar
Search suggestions: condos for sale • rainey street

The Coming Transformation of South Lamar

towers staff February 23, 2012 Comment

So many areas of the City seem to be changing so fast. In addition to Seaholm, Green, and the Waller Creek area, multiple developers have proposed ambitious projects for the South Lamar corridor. South Austin development is clearly controversial, and a flood of new proposed apartments and retail will likely see considerable opposition.

According to the Austin Business Journal, “Six apartment projects are currently being planned or are under construction, adding nearly 1,700 apartments in the next few years. Areas where apartment complexes being planned include Sterzing Street and Barton Springs Road; 1717 Toomey Road; South Lamar Boulevard and Juliet Street; South Lamar Boulevard and Treadwell Street; 1219 S. Lamar Blvd.; 1500 S. Lamar Blvd., currently under construction.”

In addition, developers have announced plans to redevelop the strip mall that houses the Alamo Drafthouse and Highball into a more-dense multiple use project.

StudioDWG Rendering of South Lamar Plaza
south-lamar-mixed-use-1

StudioDWG Rendering of South Lamar Plaza
South-Lamar-Rendering-Main-Drive1

StudioDWG Rendering of South Lamar Plaza
south-lamar-mixed-use

Furthermore, the Statesman reports that “two prime properties just south of Lady Bird Lake are on the market, including a parcel where developers planned to build luxury condominiums priced as high as $6 million.

The recession halted plans for the condo project that was to be built on Barton Springs Road just east of South Lamar Boulevard. The site housed the trendy Mackedrick’s Treehouse restaurant and nightclub in the late 1970s and subsequently other venues, but the angular glass building has sat vacant on the 1.5-acre tract for a quarter-century.

Now, that land and the adjacent Park Terrace Apartments, a 65-unit complex that was built in 1962 and renovated in 2001, are being offered for sale. Brokerage firm ARA Central Texas is billing the parcel as “an unparalleled development opportunity” to own about 4 acres with unobstructed downtown views.”

Previously, the treehouse restaurant and nightclub site were to house 1155 Barton Springs, a super high-end low-rise condo project adjacent to Peter Pan golf and the train tracks. The 27 units were originally priced at $1 – $6 million in a project that was often shown as a poster child of condo boom excess.

While there is strong demand for South Austin housing — south Austin rents are among the highest in the City, often as high as downtown rents — the south Austin neighborhoods remain many of the City’s most iconic and resistant to change. Many people fear that further development and gentrification will damage the charm that makes the area so popular and eclectic. We will continue to track these developments as they proceed.

Related

Filed Under: Development Watch

About towers staff

Real estate, architecture, and city planning. Email: austin@towers.net

603 Davis Street #604
Austin, TX
Photo of 603  Davis Street #604, Austin, TX 78701 (MLS # 2434110)
$649,900
10
  • Lot Size
    214 sqft

  • Home Size
    1,136 sqft

  • Beds
    2 Beds

  • Baths
    2 Baths

Previous Post: « Hike & Bike Boardwalk Underfunded but Project will Proceed
Next Post: Starting Today: Friday & Saturday Night MetroRail Service »

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

  •  Schedule a showing

FEATURED Listings

603 Davis Street #604
Austin, TX
Photo of 603  Davis Street #604, Austin, TX 78701 (MLS # 2434110)
$649,900
10
  • Lot Size
    214 sqft

  • Home Size
    1,136 sqft

  • Beds
    2 Beds

  • Baths
    2 Baths

44 EAST Avenue #2310
Austin, TX
Photo of 44  EAST Avenue #2310, Austin, TX 78701 (MLS # 9418770)
$1,425,000
40
  • Lot Size

  • Home Size
    1,260 sqft

  • Beds
    2 Beds

  • Baths
    2 Baths

View Virtual Tour
44 East Avenue #1607
Austin, TX
Photo of 44  East Avenue #1607, Austin, TX 78701 (MLS # 3439383)
$1,250,000
36
  • Lot Size

  • Home Size
    1,221 sqft

  • Beds
    2 Beds

  • Baths
    2 Baths

View Virtual Tour
608 Brentwood Street #A
Austin, TX
Photo of 608  Brentwood Street #A, Austin, TX 78752 (MLS # 3202099)
$989,608
33
  • Lot Size
    4,356 sqft

  • Home Size
    1,959 sqft

  • Beds
    3 Beds

  • Baths
    3 Baths

501 West Avenue #2103
Austin, TX
Photo of 501  West Avenue #2103, Austin, TX 78701 (MLS # 4503529)
$2,895,000
40
  • Lot Size

  • Home Size
    2,822 sqft

  • Beds
    3 Beds

  • Baths
    4 Baths

austin condo report

Featured Buildings

  • 360 Condos
  • Austin City Lofts
  • The Independent
  • The Shore Condos
  • 70 Rainey

Footer

LEGAL NOTICE

TREC Information About Brokerage Services (pdf)

Texas Real Estate Commission Consumer Protection Notice


TOWERS realty

Austin Condos For Sale

Agents

Downtown Buildings

Luxury Towers

  • Four Seasons Residences
  • W Hotel & Residences
  • The Austonian
  • 5 Fifty Five at Hilton

Most Popular

  • The Shore
  • 360 Condos
  • Seaholm Condos
  • Spring Condos
  • Milago Condos

New Construction

  • The Independent
  • 70 Rainey
  • Austin Proper
  • Fifth & West

Loft Style

  • Austin City Lofts
  • Brazos Place
  • The Sabine
  • Plaza Lofts
  • Avenue Lofts
  • Brazos Lofts
  • Brown Building

Resources

  • Austin Condo Guide
  • Condos For Sale
  • Condo Buyer FAQ
  • Property Search

Featured

Archives

Newsletter · About · Contact Us · DMCA · Privacy Policy · SLAPP · Copyright © 2007-2022 TOWERS.net · All Rights Reserved