Austin Downtown Development: Austin New Construction

Get the scoop on the latest downtown developments and new construction projects in Austin.

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Downtown Development

Get the scoop on the latest downtown developments and new construction projects in Austin.

There are currently 128 blog entries related to this category.

Downtown Development Digest 10.16.2014. Fifth and West Residences

Thursday, October 16th, 2014 at 1:55pm. 151 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

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Downtown Development Digest: Dell Medical School, University of Texas

Thursday, October 9th, 2014 at 1:35pm. 152 Views, 0 Comments.



Downtown Development Digest: Dell Medical School, University of Texas
10.08.2014 


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…

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Downtown Development Digest: Waller Creek

Thursday, October 2nd, 2014 at 10:35am. 176 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

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Downtown Development Digest: Preleases Bring Bright Outlook to Downtown Austin's Future

Friday, September 26th, 2014 at 9:43am. 198 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

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Downtown Development Digest: Hotel Van Zandt

Wednesday, September 24th, 2014 at 1:24pm. 676 Views, 0 Comments.

Downtown Development Digest
Hotel Van Zandt
9.24.2014

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

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Downtown Development Digest: Condo Tower Planned at Site of Old Austin Energy Control Center

Wednesday, September 3rd, 2014 at 3:15pm. 827 Views, 0 Comments.

 

Downtown Development Digest
New Condo Tower Planned at 3rd and West 
9.3.14 

The Austin skyline will soon be welcoming a very new, and very tall building! Located just east of the Seaholm Power Plant at 3rd and West, the mixed-use tower is planned for a 1.7-acre site, which previously housed the Austin Energy Control Center. Projected to reach an incredible 50 stories (and possibly higher), the tower will claim the title of the second tallest building in the city. The new tower is expected to accommodate approximately 400 condominiums, 120,000 square feet of office space, and 15,000 square feet of retail space.

 Austin-based architects at Rhode Partners Inc. have leaked their plans to feature a mostly glassy façade accented by green space. They

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Downtown Development Digest: Seaholm Neighborhood July 2014 Update

Thursday, July 24th, 2014 at 4:18pm. 1,339 Views, 0 Comments.

 

 

Downtown Development Digest
Seaholm Neighborhood Update 
July 2014

Construction is moving along swiftly in the Seaholm Neighborhood, and before you know it, you'll be able to enjoy some of the best parts of the new center for downtown living. Trader Joe's will start their finish out before summer's end, and with the way time flies, Athenahealth and Boiler Nine will be officially open for business in the Seaholm Power Plant sooner than you can say Seaholm Residences ten times fast! 

And you can't forget about the acre Plaza and half acre Front Yard. You'll be lounging and enjoying community festivals in the blink of an eye. With all this excitement on the horizon, we want to know what you're most excited about. Write us or share on Facebook what

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Downtown Development Digest: Corazon

Thursday, July 17th, 2014 at 1:54pm. 1,249 Views, 0 Comments.


Downtown Development Digest
Corazon - 1001 E 6th St.
July 17th, 2014 

If you haven't already heard the buzz, Corazon is the exciting new mixed-use development on Austin's hip Eastside. The project includes 256 apartment units and 16,000 square feet of ground floor retail and restaurant space for lease. 

Urbanspace Commercial VP, Donny Shanks, is the exclusive leasing agent for the commercial space. Currently there is only one retail space available in the building - 1,453 square feet - located on East 5th Street. Future tenants include a grocery, pizza place, gastropub, gelato shop, chocolate shop, clothing boutique, dentist, and bike shop. Centrally located in Austin’s popular Eastside neighborhood, blocks from the Austin Convention Center

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Downtown Development Digest: Cirrus Logic Research Facility

Thursday, July 10th, 2014 at 3:37pm. 2,034 Views, 0 Comments.


DOWNTOWN DEVELOPMENT DIGEST
CIRRUS LOGIC RESEARCH FACILITY
605 W 4th St.

[Scroll to bottom for Updates]

 


NOVEMBER 2013

605 West 4th St, the site for projected Cirrus Logic Research Center continues to stand empty as the developers go back and forth with the city of Austin, trying to gain an approval for their site plan. The old API building has been demolished and the space stands vacant, patiently awaiting it’s outcome. According to Travis County Property records, the latest site plan application was last reviewed November 14th. In this latest report from the city of Austin, the site plan review division states that the “site plan will be approved when all requirements from each review discipline have been addressed.” As of now the

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Downtown Development Digest: Seven Apartments

Thursday, July 3rd, 2014 at 11:15am. 1,988 Views, 0 Comments.


DOWNTOWN DEVELOPMENT DIGEST
August 22, 2013

Seven Apartments

Scroll Down For Updates... 

   

The luxury apartment tower under construction at 7th and Rio Grande, nicknamed 7Rio, originated as a 32-story high-rise condo venture scheduled for a fall 2009 completion under Dallas-based CLB Partners.  However, this intended endeavor did not come to fruition, and the current developer, CW Capital Partners and investor Behringer Harvard, purchased the site in 2011.  

The site spans three lots at the Southeast corner of 7th street and Rio Grande, and is currently assessed for $1,584,365.  The site plan permit was signed and approved by the city of Austin in December of 2012; nearly one year and five months after the application was submitted. JE

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