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Downtown Austin’s Railyard District Getting A New Neighbor?

April 19, 2011 By 6 Comments

No, we’re not talking about the news of a rekindled T. Stacy building.  Last month it was reported that Riverside Resources was under contract to buy the Whitley Building at 301 Brazos St.  The downtown Austin development site is zoned Central Business District (CBD) with no Capitol View Corridor restrictions.  According to reporter Jacob Dirr’s Twitter feed, the local development firm is planning a 20-story residential redevelopment of the site.  Dirr’s tweet also links to a rendering of the building where we can see what is envisioned.

The design appears to front E 3rd Street, with a grand entrance mid-block.  According to a permit search, the project is planning to include the Great Streets treatment surrounding the building.  The planned building would back up to the Railyard condos, and overlook the former McGarrah Jessee office.  Back in 2007-2008, the Poe Companies were planning a $200 million project at the former paper company warehouse, but subsequently moved their 21c project closer to Waller Creek where it remains on hold.

I’m excited about the prospect of [finally] developing the Whitley Paper warehouse.  Located one block from Congress Ave, three blocks to the 6th Street Entertainment District, and a stone’s throw from an urban rail hub in the future, the Railyard District is primed for residential reinvigoration.

No reports of what the project would be called.

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About Jude Galligan

Jude Galligan, Broker-Owner of RE/MAX Downtown Austin and publisher of Downtown Austin Blog (aka. "DAB"), is a veteran sales professional assisting buyers and sellers of downtown Austin lofts, condos, and real estate. A resident owner in downtown Austin and an active community stakeholder, Jude serves on the Board of Directors of the Downtown Austin Alliance (DAA) and the Downtown Austin Neighborhood Association (DANA).Contact Jude