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Archives for June 2011

Upzoning Sought And Supported On W 7th Street

Jude Galligan | June 16, 2011 |

Looks like an upzoning request for a half-block of W 7th Street wedged between West 6th Street and Original Austin was semi-successful.

701 and 711 W 7th Street in downtown Austin were seeking an upzoning to CBD.   701 W 7th is zoned “GR – general retail” and 711 W 7th is zoned “GO – general office”.  Both zoning definitions cap building height at 60 feet. [Read more…] about Upzoning Sought And Supported On W 7th Street

Filed Under: austin neighborhoods, austin towers and high rises, development, downtown austin

Mega Presentation On Urban Rail Tuesday

dab | June 13, 2011 |

austin rail

NEWS FLASH: According to a source at City Hall, the Austin Transportation Department is slated to give a big presentation June 14 that will be “a substantial briefing” on urban rail and begins to start answering Uncle Lee’s 30 crucial questions and “then some.”

The mayor has pushed a 2012 bond election funding a first leg for a new mode of mass transit in Austin.

[Read more…] about Mega Presentation On Urban Rail Tuesday

Filed Under: austin news, austin traffic, austin transit, city council, development, downtown austin, rumors, gossip, urban planning

W Hotel Glass Falls

Jude Galligan | June 12, 2011 |

w hotel window fail

The Statesman reported that glass panels fell from the W Hotel residences on Friday.

We were at La Condesa when she heard the crash, and snapped this pic that shows where the culprit glass panes fell from.  Crazy!

Filed Under: 2nd Street District, downtown austin, Downtown Austin Districts

Downtown Austin Condo Sales Remain Strong In May

Jude Galligan | June 7, 2011 |

downtown austin condo closings may

For the first time since the bubble burst, the average price per square foot of a downtown Austin condo has increased four months in a row. Last month, downtown Austin closed 62 condos* with 29 more pending!

Highlights

In May, we counted 41 closings of new-construction condos from the Four Seasons Residences, W Hotel, Austonian, Spring Condos, and Barton Place.  The W takes the cake with 15 closings in May.

On the other hand, the number of resales comes in at 21 units closed – a strong showing – averaging a price of $334 per square foot. We also count 29 resales pending as of May 31st!  So, we can expect next month’s closing count to be similarly strong.

[Read more…] about Downtown Austin Condo Sales Remain Strong In May

Filed Under: austin condos, Austin Real Estate Data & Statistics, DAB Stats, data, statistics, downtown austin, Downtown Austin lofts, condos, apartments

Urban Outfitters Shacking Up At The W Austin Hotel

dab | June 6, 2011 |

Urban Outfitters downtown Austin

The 2nd Street shopping district is likely to get a jolt from patrons still paying off college loans with a new Urban Outfitters clothing store.

As evident by the colorful graffiti, the faux-thrift store (call it ironic?) retailer has plans to move into the ground floor of The W Austin Hotel, which opened in December 2010.

I shop exclusively at Kohl’s, but allegedly Urban Outfitters’ new spot is a big deal because their only other Austin location is not so far away on Guadalupe Street, up near the University of Texas main campus. Perhaps they are targeting the PBS Austin City Limits crowd from shows taped there?

Jokes aside, this is a vindication that downtown Austin is becoming a destination and not in the way of “urban pioneers” loading up on Gatorade and PB&J to venture out of suburbia, like they do in Ohio.

For a number of reasons, Urban Outfitters joins the ranks of business interests investing in downtown Austin.

Cole Broadhead, a principal at Retail Solutions, said the folks at Urban Outfitters “do their homework.”

“Those deals take a long time,” he said. “They do a ton of research.”

Filed Under: 2nd Street District, austin retail, downtown austin Tagged With: austin retail

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