…if you’ll only take two minutes now to complete the downtown Austin parking survey.
C’mon!
downtown austin
Downtown Austin Condo Prices On The Rise in December
The downtown Austin loft & condo market hit many milestones this year: 1) Austonian opened 2) Four Seasons opened 3) W Hotel residences approached completion. Downtown hosted over $60MM in resale transactions during the year. Moreover, to the surprise or chagrin of some, buyers are flocking to the top-tier buildings. We close out 2010 with 38 closed transactions in the month of December – 18 resale, and 20 direct to developer.
The above chart shows downtown austin condo resale trends based on monthly data from 2010. Direct to developer transactions are not shown on the chart. The most salient trend we can glean from this data is the average sales price hovering steadily ~$300 per square foot.
Details after the jump… [Read more…] about Downtown Austin Condo Prices On The Rise in December
W Hotel Austin Construction Time Lapse
Last year we discovered a time lapse of downtown Austin’s W Hotel construction. We just got a note from its creator Jose Lozano that it is finished. This is really cool. The W should consider how to incorporate this into their marketing.
Thanks, Jose!
Spotted: New Bar Coming to Rainey Street Neighborhood
No, not that one. Or that one. Not these, either. Another one…
East Avenue Lounge, located along frontage road at 90 N IH-35 (aka East Ave), has posted their TABC application notice. This is an interesting property. It faces I-35. It has an upper and lower porch. In fact, it’s the only legacy two story structure in the area – a defining characteristic that hopefully will be embraced with creative uses and design. The proprietors will likely benefit from lots of “on the way home” traffic. While inside the boundaries of downtown Austin’s Rainey Street neighborhood, this structure is located outside of the Rainey Street Historic District.
View Rainey Street District in a larger map
Live, Work, Play Downtown Austin: A Sonnet
So, I asked a poet to write something to commemorate the launch of DAB Realty. I think she nailed it!
“Keep Austin weird!” Is what the locals say,
And it’s clear that there’s something special here:
From the hottest live music every day
To great cafes and restaurants e’er near.
In my historic Austin loft I’m close
To the capital’s vibrant urban core,
True, downtown Austin condos make the most
Of the city – you couldn’t ask for more.
From the Austonian, to Four Seasons,
W Hotel Residences too,
There are limitless places and reasons
To make downtown Austin the home for you.
Looking for Austin life and real estate?
Then to this Downtown Austin Blog relate!