AustinTowers

By
Services for Real Estate Pros - AustinTowers.net
Austin Towers is keeping a constant eye on downtown residential development. With dozens of projects and thousands of units in the planning and construction phases, Austin Towers provides news and a simple guide to downtown condo high-rise developments. A portion of the blog is reproduced on active rain: for the full blog and condo guide, visit http://www.austintowers.net
RECENT BLOG POSTS
 The market for high-end homes has been one of the fastest growing segments in the Austin market. When you look at actual sales over the last few years, exceptional high-end homes near the water, in Westlake, or downtown now sell for as much as $500 / SF or more. No matter how nice a smaller hous...
06/12/2007
 The Statesman reported recently on three condo conversion projects currently under way in downtown Austin. All three projects will transform commercial space into new condos. As thousands of residential units are being built in Austin for new residents who want to live and work in downtown. Comp...
06/12/2007
 While my ActiveRain blog still lags the AustinTowers live blog, it is worth noting two big Austin announcements in two days:First, A Kentucky-based developer announced plans for a unique 44-story tower on a prime downtown lot yesterday. The $200M project, "21c Austin" will combine a private cont...
06/12/2007
The Nokonah, A luxury high-rise project completed in 2002, was one of the first successful projects that helped to ignite the current condo boom in downtown Austin. The 11-story project is located at 9th and Lamar just north of Whole Foods and on the western border of downtown. When the Nokonah w...
06/06/2007
While it's technically out of the downtown radius, Texas American Resources is proposing a 14-story mixed-use project on Barton Springs Rd. between 1st and Lamar and directly across from the Long Center. The building would include 24 condo units atop 86,000 feet of office space and a ground floor...
06/06/2007
As promised, a new section launched that lists all known "Early Stage" Projects. The new section will include projects that have been announced and do not have enough information for a full profile. Today, the section lists 8 new projects with 2,500 units and total proposed budgets in excess of $...
06/06/2007
Ever since the Hyatt hotel was built on the south shore of Town Lake, neighborhood groups have mobilized to limit development south of the lake. This week, in a marathon planning commission that lasted until 2:30AM, the commission recommended that the city counsel deny variances for two high prof...
05/31/2007
Over the last year, a city-sponsored Affordable Housing Incentives Task Force has been discussing ways to encourage the development of afordable housing units as part of large scale development projects. The city wants more affordable downtown units, but State law doesn't allow the city to place ...
05/31/2007
Not everybody is thrilled with the rate of development downtown. However, most Austinites would agree that the downtown post office at 6th & Guadalupe is one of the worst developed sites in the city. They took a prime downtown lot and built a small ugly 2-story post office that takes up less than...
05/31/2007
0 Comments
This week, Endeavor Real Estate announced ambitious plans for the second phase of the Domain: the new mini-city rising off Mopac just north of 183. Between now and 2015, Endeavor plans to build 50, yes FIFTY, new buildings with heights ranging from 2-26 stories (as tall as 310 feet). When complet...
05/30/2007
Rainer
21,828

Paul D'Arcy

Contact The Author
AustinTowers is updated every 3-5 days with news, analysis, and project details. Designed to help downtown condo buyers find the right project and unit, it is the only source for current building-by-building MLS & developer listings. A portion of the blog is reproduced on active rain: for the full blog and condo guide, visit http://www.austintowers.net