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Condos for Rent in Austin, TX: A Guide to Urban Living

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Austin, Texas, is a vibrant city known for its live music scene, delicious food, and laid-back atmosphere. If you’re looking for a place to call home in the heart of the action, consider renting a condo in downtown Austin.

Why Rent a Condo in Downtown Austin?

Downtown Austin offers a unique blend of urban excitement and Southern charm. Here are a few reasons why you might want to rent a condo in this vibrant area:

  • Walkability: Downtown Austin is a very walkable city. You can easily walk to work, restaurants, bars, and shops.
  • Culture: Downtown Austin is home to a variety of cultural attractions, including museums, theaters, and live music venues.
  • Amenities: Many downtown condos offer amenities such as swimming pools, fitness centers, and concierge services.
  • Views: Some condos offer stunning views of the city skyline or the Colorado River.

Tips for Finding the Perfect Condo

If you’re looking for a condo for rent in downtown Austin, here are a few tips:

  • Start your search early: Downtown Austin is a popular area, so it’s important to start your search early.
  • Set a budget: Condos in downtown Austin can vary in price, so it’s important to set a budget before you start your search.
  • Consider your needs: Think about the size of the condo you need, the amenities you want, and the location you prefer.
  • Work with a reputable real estate agent: A good real estate agent can help you find the perfect condo for your needs.

Popular Neighborhoods in Downtown Austin

Downtown Austin is made up of several distinct neighborhoods, each with its own unique character. Here are a few of the most popular neighborhoods:

  • 2nd Street District: This trendy neighborhood is home to a variety of restaurants, bars, and shops.
  • Rainey Street: This historic district is known for its lively nightlife scene.
  • Congress Avenue: This bustling street is home to a variety of businesses, including banks, restaurants, and shops.
  • Lady Bird Lake: This scenic lake is a popular spot for walking, biking, and kayaking.

Additional Resources

If you’re looking for more information on condos for rent in downtown Austin, here are a few additional resources:

Renting a condo in downtown Austin is a great way to experience the city’s vibrant culture and energy. By following these tips, you can find the perfect condo for your needs.

Austin Proper Hotel: More Than Just a Stay, It’s a Lifestyle (and a Home!)

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Austin’s skyline is constantly evolving, and one of its most striking recent additions is the Austin Proper Hotel & Residences. Nestled in the heart of downtown, this architectural gem, designed by Kelly Wearstler, isn’t just a place to rest your head; it’s a vibrant hub that seamlessly blends luxury hospitality with sophisticated urban living.

Downtown view from Congress avenue.

The Hotel Experience: A Design-Forward Destination

The Austin Proper Hotel has quickly become a local and visitor favorite, and for good reason. It’s a masterclass in design, with Wearstler’s signature eclectic yet refined aesthetic evident in every detail. Think warm woods, rich textures, custom-designed furniture, and a curated collection of art that feels both modern and timeless.

Beyond the stunning visuals, the hotel offers:

  • Culinary Delights: From the Mediterranean-inspired fare at The Peacock to the rooftop views and poolside bites at La Piscina, the dining options are diverse and delectable.
  • Relaxation and Rejuvenation: The Verbena Spa offers a sanctuary for wellness, while the rooftop pool provides a perfect escape from the Texas heat.
  • Prime Location: Situated in the vibrant 2nd Street District, guests are steps away from some of Austin’s best restaurants, shops, and entertainment venues.
  • Events and Gatherings: The hotel boasts versatile event spaces, making it an ideal venue for weddings, corporate events, and social gatherings.

The Residences: Urban Living at Its Finest

But the Austin Proper isn’t just for short-term stays. It also offers a limited collection of luxury residences, providing a unique opportunity to call this iconic building home.

What Makes the Residences Stand Out?

  • Unparalleled Design: Residents enjoy the same impeccable design aesthetic as hotel guests, with custom finishes and thoughtfully curated details.
  • Hotel-Level Amenities: Residents have access to all of the hotel’s amenities, including the spa, pool, fitness center, and dining options. It’s like living in a five-star resort.
  • Dedicated Resident Services: A dedicated team is on hand to provide personalized services, ensuring a seamless and luxurious living experience.
  • Downtown Living: The location offers unparalleled access to Austin’s cultural scene, dining, and entertainment.
  • Views that Wow: The residences offer stunning views of the Austin skyline and surrounding cityscape.

Who is the Austin Proper Residences For?

The residences appeal to discerning buyers who appreciate:

  • Luxury and design
  • A vibrant urban lifestyle
  • Hotel-level amenities and services
  • A prime downtown location

Urban Space Realtors: Your Austin Proper Experts

If you’re considering a move to downtown Austin, the Austin Proper Residences offer a truly exceptional living experience. At Urban Space Realtors, we understand the unique nuances of Austin’s luxury real estate market. We can help you navigate the process of finding your perfect home in this iconic building.

Whether you’re looking for a luxurious hotel stay or a permanent residence, the Austin Proper Hotel & Residences offers a lifestyle that’s truly unmatched. Contact us today to learn more about available residences and explore the possibilities of living in this exceptional downtown destination.

The Modern Austin Residences | Development

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Kevin Burns Reveals New Details About Rainey Street Skyscraper, Including Name and Project Team

The tower formerly known as 9092 Rainey, which has been in the works for several years, officially has a new name and new project specifications.

 

The Modern Austin Residences will have 56 stories featuring 346 market-rate residences and 21 affordable housing units. Austin’s Urbanspace Real Estate + Interiors is developing the project.

The affordable housing units will be available to people earning 80% of median family income, which is $98,900 in the Austin metro. The market rate units will start in the $400,000 range for a one-bedroom unit. Three-bedroom units will go for $1.6 million and above.

These updates, provided by Urbanspace CEO Kevin Burns, come just a few months after Austin City Council approved a density bonus for the project, allowing the building to go higher than typically allowed. At the time, the tower was planned to be 51 stories high and to contain 400 total units.

Burns said some of the extra stories were added to improve the look of the crown of the building by hiding water cooling towers and other mechanical features. He said they ended up reducing the number of market rate residences but maintaining the same number of affordable ones.

Many have wondered about the fate of Container Bar, the popular bar made of shipping containers that sits on the project site. Burns said the bar will close just before crews break ground on The Modern, which is set for late March 2022.

However, Bridget Dunlap — who owns Container Bar as well as Clive Bar and Lustre Pearl — has signed on to run an entertainment space in the basement of the building.

“Container Bar had a good run, but I’m excited for what’s next,” Dunlap said in a statement. “This next concept will fill a niche that Austin is missing in the music/hospitality scene, and I’m glad to have the opportunity to stay in our spot.”

Nelsen Partners will be the design architect for the tower, Flintco will be the general contractor and Page will be the architect of record. Urbanspace will handle sales and interior design for the tower.

Sales are expected to begin at the start of next year. Burns said it will likely take two and a half years to complete construction. He projects they’ll finish in the second half of 2024.

Original plans for the tower included hotel space and permanent residences, but Covid-19 forced the developer to rethink the plan.

“The fact of the matter is what my company knows inside and out, backwards and forwards is high-rise condominiums,” Burns said. “So it allowed us to really focus on what we do best.”

Urbanspace has been tapped to sell the condos for other high-profile Austin towers, including The Independent, which has an onsite coffee and cocktail bar on the ground floor, similar to what is planned for The Modern. But The Modern Austin Residences represents Burns’ first foray into high-rise development.

Calls for denser housing within the city limits have grown louder amid the city of Austin’s persistent housing shortage. In June, the Austin Board of Realtors reported that the city had only 0.7 months of housing inventory on the market. That means if no new houses were listed, the city would be completely out of available housing in less than a month.

“We couldn’t beat the timing as far as the current market demands for products in Central Austin,” Burns said.

Rainey Street, in particular, has transformed considerably in recent the years. In the mid-2000s, the neighborhood received Central Business District zoning, making it easier to build big in what was once a residential area. The street is now known in large part for its bars, which largely occupy former single-family homes.

“Rainey street is evolving for families from all different walks of life, for those that want to ditch the car and be able to walk to everything,” Burns said. “I’m excited to see not just my project but the other projects that are going up in the area that are really going to create an incredible experience, not just for those that live there, but for the entire city.”

Article from: Austin Business Journal

 

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