Keep on top of the latest happenings in the Austin real estate scene. Whether it's the latest developments or market reports - you'll find it all here.
There are currently 104 blog entries related to this category.
Thursday, December 11th, 2014 at 11:58am. 78 Views, 0 Comments.
Downtown Development Digest: Hotel Zaza
Hotel Zaza joins the lineup of downtown Austin hotels this week. The management group, Z Resorts Management LLC, is creating a a 24-story hotel, complete with two restaurants, a bar, conference rooms, and private residences on top with rooftop pool. Z Resorts Management is a Texas-based company that already has luxury boutique hotels in Houston and Dallas, and come to the Austin marketplace as a veteran of niche markets.
“ZaZa will join other hotels under construction downtown, including the 1,012-room JW Marriott convention hotel, a Westin hotel and the Hotel Van Zandt.” Says Shonda Novak, of American Statesman. With the JW Marriot slated for a grand opening on Febuary 13th of this year, and the…
Thursday, November 20th, 2014 at 1:18pm. 148 Views, 0 Comments.
Downtown Development Digest: 11.20.2014
While many are focused on a number of hotels popping-up in Austin’s landscape, namely the JW Marriot, Hotel Van Zandt, and the Fairmont Hotel, not much attention has been paid to the rise of Westin’s entrance to Austin’s central business district corridor. This 17 story, 366 room, hotel is targeted to open it’s doors summer of 2015. The tide of upcoming luxury hotels in Austin is partially spurred by the rapid growth of our town, and partially due to a huge demand for short term housing during the festivals such as South By South West and Austin City Limits.
Located at the corner of San Jacinto and 5th, the hotel will have 14,500 square feet of conference room and meeting space, a 4,500 square foot…
Friday, November 14th, 2014 at 3:53pm. 115 Views, 0 Comments.
Top 5 Weekend Picks: 11.14.2014
What: FAI World Cup of Indoor Skydiving 2014
Where: iFly Indoor Skydiving13265 N US 183 Suite A Austin, TX 78750
When: Saturday, Nov. 15th, 2014 at 7 a.m. and Sunday, Nov. 16th, 2014 at 7 a.m.
Why: In the very first FAI sanctioned wind tunnel competition ever, iFly Austin will be competing in synchronized, group formation, and freestyle skydiving, this looks like it could be a very interesting morning!
What: Comedy: Moontower Comedy presents Anthony Jeselnik
Where: Paramount Theatre 713 Congress Avenue Austin, TX 78701
When: Friday, Nov. 14th, 2014 at 7 p.m.
Why: Anthony Jeselnik (who you may recognize from his Comedy Central stand up special) is in town and performing tonight at the Paramount!
Thursday, November 13th, 2014 at 12:11pm. 234 Views, 0 Comments.
Downtown Development Digest: Two New Towers 11.12.2014
The Austin skyline has been expanding for years now, and shows no signs of stopping as two new towers look to be on our metaphorical horizon as well. As discussed in an Austin Business Journal (ABJ) article earlier this week, what is being called “Shoal Creek Walk” and two more additions to Block 23 Green Water Treatment Plant will feature two new mixed-use towers that will primarily be office space, though these facts have yet to be officially confirmed.
Block 23 Green Water Treatment Plant is being designed by Gensler and is expected to be finished in November of 2016. This project will have just under 500,000 sq. ft. of office space, with 6,806 of retail. Other participants in…
Thursday, October 16th, 2014 at 1:55pm. 329 Views, 0 Comments.
Downtown Development Digest: 5th and West Residences
The northeast corner of West 5th St. and West Ave. is slated for the newest set of high-rise condos in downtown Austin. Called the Fifth and West Residences, and led by Riverside Resources, the building will have 154 residences, which will start in the $500,000s.
Fifth and West Residences will be the fifth tallest tower in Austin, with The Austonian, 360 Condominiums, W Residences, and Frost Bank Tower taking the four previous slots. Included in this project will be a lounge and coffee bar, fitness center, yoga studio, dog park and a pool deck. “This announcement is really exciting because it is the first new condo tower to break ground outside of Seaholm since 2010,” said local…
Thursday, October 9th, 2014 at 1:35pm. 260 Views, 0 Comments.
Downtown Development Digest: Dell Medical School, University of Texas
The projected longevity of Austin’s economic strength extends well beyond the borders of the tech industry. With the highly anticipated opening of the University of Texas’ (UT) Dell Medical School around the corner, we can look to a blossoming medical industry to propel our continued economic growth and prosperity. Clay Johnston, the Dean of the Dell Medical School, says “We have a responsibility to take advantage of our newness, to test out different ways of doing things that could become models for the rest of the country.” This is guiding attitude that has permeated every element of this project enabling a platform of ingenuity and fresh ideas. “This will be…
Thursday, October 2nd, 2014 at 10:35am. 874 Views, 0 Comments.
Downtown Development Digest: Waller Creek Flood Diversion Tunnel
As the Waller Creek Diversion tunnel nears it’s late 2014 finish date, you may be asking yourself, “why should I be aware of a flood diversion tunnel?” The answer is that this is a much bigger project than just flash flood protection. It all started with a rainwater retention basin, which is expected to open up an estimated 28 acres of land west of I-35 for development.
As Austin’s downtown becomes denser with high-rises and vertical mixed-use developments, the potential damage and economic impact from flash floods increases. This diversion tunnel will directly combat that potential damage by diverting the floodwaters through a 26 foot tunnel that is 65 ft underground. This, in…
Friday, September 26th, 2014 at 9:43am. 266 Views, 0 Comments.
Downtown Development Digest: Preleases Bring Bright Outlook to Downtown Austin's Future
With the all the new buildings slated for downtown Austin, one might think that law of supply and demand would hold true. According to CBRE and The Wall Street Journal, that isn’t the case.
Preleasing on available developments shows that the occupancy rate may actually rise in downtown Austin. Over the next 15 months, the five projects slated to open are preleased at over 90%. Cousins Properties Inc. (builders of Austin’s Frost Bank Plaza) announced Colorado Tower is 95% leased, and with time to spare before it is scheduled opening in early December.
This increase in demand over the rising supply bodes well for Austin’s metro center, as this rise in…
Wednesday, September 24th, 2014 at 1:24pm. 1,485 Views, 0 Comments.
Downtown Development Digest
Hotel Van Zandt
Hotel Van Zandt developer BIG RED DOG has released new information about the project, which has been underway since 2013. "Recently, the project’s general contractor, Tribble & Stephens, drilled and poured almost 60 piers into the soil for the foundation of the 16 story hotel, erected the project’s tower crane (which you can see from IH 35), and started pouring the initial slabs and columns for the bottom garage level." All of this is right on schedule for the Q1 2015 finish that the hotel is slated for.
Named after the Austin musician, Townes Van Zandt, singer of "Pancho and Lefty" the Hotel Van Zandt will be located on Rainey Street. This hotel is expected to have 16 floors of luxury hotel…
Wednesday, September 10th, 2014 at 8:35am. 318 Views, 0 Comments.
Lead Designer, Emily Hoelscher at Urbanspace Interiors, walks us through a creative design project at Spring Condominiums in downtown Austin. In the following video, she offers tips for adding unique touches and contemporary updates, while still maintaining a sense of warmth and personality.
Key Design Points:
The owners were a retired couple who just moved to Austin, and downsizing from a large, Illinois country home to a small, downtown Austin condo.
The goal was to create a functional and flexible design for a small space that still maintained the warmth of a traditional home. Some of Emily's key design points included:
Pick Your Colors: Started with a palette of grey and then added vivid color accents such as red and complimentary patterns…