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Gables Park Plaza

by | October 7, 2009 |9 Comments
Gables Park Plaza with Spring Condos in background

Gables Park Plaza

Gables Park Plaza – located just south of Spring Condos and wedged between Lamar and Cesar Chavez – has begun pre-leasing.  With it’s completion, this is the last of the downtown Austin apartment complexes resulting from real estate boom of 2007.  This location will appeal to many of the same people who are attracted to Bridges On The Park: families with dogs, those who regularly utilize the trails, and want to live near downtown but not IN downtown.

Gables Park Plaza - the windows shown here face south over the lake

Gables Park Plaza - the windows shown here face south over the lake

The exterior design is predictably Gables and intended for a wide audience.  It’s just fine, if a bit antiseptic.  I’ll have an opportunity to preview the interior finishes within a couple of weeks.  Amenities will include a roof-top pool, iPod docking stations, solar shades on all windows, and bamboo floors.  Expect retail on the ground floor.

Below is a schedule of completion dates (a close proxy for move-in readiness).

1st floor: Phase A ready on November 8, 2009, Phase B ready on November 22, 2009.
2nd floor: Phase A ready on December 8, 2009, Phase B ready on December 22, 2009
3rd floor: Phase A ready on January 8, 2010, Phase B ready on January 22, 2010
etc, up to the 8th floor.

1bd/1ba units range from $1,395-3,000.  2bd/2ba units range from $2,275-3,600.  The B5 2bd/2.5ba – the 1859sf unit with the rounded windows and faces south (shown above) – starts at $3,575.  Gables Park Plaza is offering two months free (upfront) for leases entered into during construction.  Their website is www.gables.com/parkplaza.

A complete brochure of floor plans and current pricing can be downloaded here (pdf).  Feel free to contact me with questions.

-Jude

UPDATE 10/09/09 – MORE PHOTOS after the jump

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Filed Under: austin apartments, downtown austin

Gables Pressler

by | August 4, 2009 |6 Comments

Yesterday, I headed over to the nearly completed Gables Pressler apartments on W 5th Street.  Located just a few blocks east of another new Gables development, 5th Street Commons, Pressler is being marketed as Gables most “green” project in Austin.

5th Street, west of Lamar, has evolved rapidly.  In less than a year we’ve seen the addition of dozens of new retail shops filled with local businesses along with hundreds of new residents and pedestrians improving what had been nothing more than a wide boulevard that connected Mopac to Lamar.

Ad for Presslers Garden, in the 1887 Austin City Directory

Ad for Pressler's Garden, in the 1887 Austin City Directory

Gables Pressler is named after Paul Pressler, proprietor of Pressler’s beer garden originally built where Gables stands today.  The chronicle has a great article on turn of the century beer gardens and goes on to say about Pressler:

“Pressler’s Beer Garden was located between the river and West Pecan Street (Sixth Street) in Old West Austin. Built around a steam brewery started by Paul Pressler in the early 1870s, it operated for more than 30 years before being swallowed by residential development. Situated on what was then the western fringe of the city, its idyllic rural location made it the perfect spot for relaxing under live oaks with a frothy mug of beer. It had a concert hall that regularly hosted touring German singing and theatrical acts. The grounds around the concert hall were landscaped with curving walks, ornamental shrubbery, arbors, and a fountain. The extended grounds also featured a boating ramp, a shooting club, and an alligator pond.“

The location is what sells this place – it’s equidistant to West Lynn @ 12th as it is to Whole Foods or the running trails.  There are 168 units made up of studios, 1bd, and 2bd units.  The finishes are nice.  There is an interior courtyard with a pool.  The leasing agent informed me that they are offering three months free on a twelve month lease for all leases which commence by August 31st.

Pricing as of August 4th, 2009 (pdf)

Gables Pressler
507 Pressler St
Austin, Tx 78703
(map)

-Jude

Filed Under: austin apartments, buildings, development, downtown austin, Downtown Austin lofts, condos, apartments, Real Estate Tagged With: , , ,

Austin Ashton Update

by | June 15, 2009 |Leave a Comment
Ashton Austin construction 1

Click here for complete Ashton Austin coverage. Jude Galligan, 512-226-3414, judegalligan [@] gmail.com.

Updated construction photos from this morning.  The sidewalk barriers are being removed.  The entryway is still unfinished.

Ashton Austin construction 1

Filed Under: austin apartments, downtown austin, Downtown Austin lofts, condos, apartments

Ashton Austin Pricing

by | May 12, 2009 |6 Comments
Ashton Austin: now with pricing!

Ashton Austin: now with pricing!

Pricing for the downtown Austin apartment building, the Ashton Austin, is available – Jude Galligan, 512-226-3414, judegalligan [@] gmail.com. DAB has been covering the Ashton’s obfuscated marketing for months (click to read all posts).  It appears the building is almost ready for prime time.  One-bedrooms are large, ranging in size from 940-1029 ft. A pdf of the pricing can be downloaded here.  For a limited time, the developer is offering two months free on a 12 month lease which effectively reduces the monthly rent by at least $333 per month.

As of today the model units are not open. Judging by the landscaping and the tone of their communications I think it could be as early as this weekend that the model/sales center opens. Expectations are high from tenants who have grown tired of starkly appointed downtown Austin lofts. The photos show a high end finish out, the floor plans are large, and the views are certain to be spectacular… unless you end up staring into 100 Congress. Stay tuned!

-Jude

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New Ashton In Austin Website Teases Us

by | April 17, 2009 |4 Comments
Austin Ashton - Clubhouse Rendering

Austin Ashton - Living Room

Checkout the new website.   As of this posting you won’t find pricing, floor plans, or availability – stuff you want to know :-(

For that, you should stay tuned to Downtown Austin Blog as we continue to share the inside info on the Ashton.

-Jude

p.s. Send me an email me with your contact info and I’ll respond with a draft copy of the floor plans.

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Austin Ashton: More Buzz + Sneek Peek

by | March 31, 2009 |3 Comments
Austin Ashton - Lobby Rendering

Pricing for the downtown Austin apartment building, the Ashton Austin, is available Jude Galligan, 512-226-3414, judegalligan [@] gmail.com

Click here for complete Ashton Austin coverage.

Austin Ashton - Lobby Rendering

Austin Ashton - Lobby

Two weeks ago I shared some interesting facts about the Ashton – the downtown Austin apartment building which has kept a very tight lip on when it will be delivered.  Yesterday, I received an update along with some swank model photos!  According to the developer of the downtown Austin Ashton, the move-in target is now June 1st.  The model units should be ready by May 1st.

The market’s expectations are high.  I’m told the photos should be very true to the actual finishes and fixtures used.  Interestingly, several of the people who’ve contacted me about the Ashton currently live at the AMLI on 2nd.  This makes sense.  Many of my clients leasing in downtown Austin have been longing for a more traditional finish without sacrificing quality.

BONUS:
For Downtown Austin Blog readers who are preparing to lease at the Ashton, email me your name, phone, address, and I will send you an exclusive draft copy of the floor plans!

-Jude
judegalligan [@] gmail.com

–

More pics after the jump below!

Austin Ashton - Kitchen Rendering

Austin Ashton - Kitchen

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Downtown Austin Apartments: 404 Rio Grande

by | March 21, 2009 |Leave a Comment

Continuing this week’s theme of apartment reviews…

404 Rio Grande is the oft neglected apartment complex in the core of downtown Austin. (Gmap)  It doesn’t evoke the same reaction as the Monarch or AMLI on 2nd.  Still, 404 Rio Grande, at the corner of West 5th and Rio Grande, has one of the best locations in downtown Austin.  The rents are cheaper, too.  Unlike the new high rises parking is included for you and your guests.

Don’t expect the finishes to be similar to Monarch, its next door neighbor.  It would be easy to frown upon 404 Rio Grande’s faux-hardwood-laminate flooring and white appliances while paying a substantial rent.  Washer and dryer are not included.  Still, the loft style design of AMLI is not preferred by everyone, and 404 Rio Grande’s units are cozy – ultimately you are paying for location.

So, if your budget or desires don’t call for a 24-hour concierge or loft-like design, you might consider 404 Rio Grande.  After incentives, which constantly change at every building, one-bedrooms begin around $1300 and two-bedrooms around $1900.  The biggest challenge for a renter interested in 404 Rio Grande is availability.  404 Rio Grande has been fully occupied for a couple of years so, unlike the new high rises, availability depends on someone moving out.

If you are considering a move downtown, feel free to give me a call!

Jude Galligan, Downtown Austin Realtor
judegalligan [@] gmail.com
(512) 226-3414

Filed Under: austin apartments, development, downtown austin, Downtown Austin lofts, condos, apartments, Real Estate, video Tagged With: , ,

5th Street Commons

by | March 18, 2009 |1 Comment

This morning the I visited the folks at 5th Street Commons.  They kindly invited me for a tour of their new digs, and to discuss the incentives currently available to renters.  Located on the outskirts of downtown Austin, the 150 apartments at the 5th Street Commons are sufficiently close enough to downtown to be included here.

What I like:
1) Ground floor retail and street side parking.  Once fully occupied with commercial tenants this should become another walkable district.

2) Smart floor plans.  At only 759/ft, the A1 plan is incredibly spacious with enough room for a dining table, kitchen island, and laundry room – without feeling cramped.

3) It’s equidistant to Whole Foods as the Sabine, and closer than Legacy on the Lake, Milago, etc.

4) Standard size washer and dryer included in all units

With advertised incentives, the rents are roughly 10-20% less than AMLI on 2nd or Monarch.   Accounting for two months of free rent on a 12 month lease, one bedrooms should begin around $1300 (studios even less), two-bedrooms around $1700.

-Jude

Filed Under: austin apartments, development, downtown austin, Downtown Austin lofts, condos, apartments, Real Estate, video Tagged With: , ,

Ashton Austin – Buzz

by | March 16, 2009 |5 Comments

Pricing for the downtown Austin apartment building, the Ashton Austin, is available – Jude Galligan, 512-226-3414, judegalligan [@] gmail.com

Click here for complete Ashton Austin coverage.

Ashton Austin - Cesar Chavez @ Colorado

Ashton Austin - Cesar Chavez @ Colorado

People are wondering when the Ashton (formerly “Alta Vida”) will be ready for move in.  Hanover’s 259 unit building has been an informational black hole.  No pricing, no floor plans, no launch date.  Nada.  The lack of information keeps us intrigued!

I spoke with a contact at Hanover this morning and was able to dig up a few juicy facts.

1) There will be five penthouse units ranging from 2,527/ft – 3,218/ft
2) No three bedroom units (except for two of the five penthouses)
3) The largest suite is a 2/2.5 + study at 2,200/ft
4) At 880/ft, not including a balcony, the smallest one-bedroom is relatively large
5) Pricing has not been finalized but is expected to be at par with AMLI on 2nd
6) Level seven will feature an amenity deck (pool, fitness, lounge, etc)
7) There are three 1,550/ft live/work units (2bds/1.5ba) on the first floor featuring a garage and access from the ground level

Move in is planned for May 1st! So, we should see pricing and floor plans within 2-3 weeks.  If you want to see what the finishes will resemble check out 7riverway.com

-Jude

Filed Under: austin apartments, downtown austin, Downtown Austin lofts, condos, apartments, Real Estate, rumors, gossip

Legacy On The Lake – first tour with video

by | November 13, 2008 |1 Comment

I received an email last week that the new Legacy On The Lake residences were open for business, ready to lease, and offering tours of the building.  This would be a good opportunity to preview a building that seems to have been under construction forever.  So, I grabbed my camcorder and headed over.  Located at 43 Rainey street, the Legacy is the third building, along with the Shore and Milago, to join the Rainey Street neighborhood in the past three years.  With 31 floors, the Legacy towers over the lake. The views are what you would expect at that height – amazing.

Videos after the jump!

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