Real Estate

Downtown Austin Condo Transaction Report For April (And March, Sort Of)

Jude Galligan | May 9, 2011 |

In April, I didn’t publish a transaction summary covering March’s downtown deals.

I had assembled all the info, drafted the post, and it was ready to publish. Some of you noticed that I never got around to posting it, and I’m sorry for not getting it out there (here’s to you John K.).

Jude, why u no post March data?

First and fortunately, I was at the tipping point of having more business than I could handle. Springtime is always busy for me. Combine that with opening the RE/MAX Downtown Austin office and I got distracted, operating on little sleep.

Secondly, I couldn’t come up with a headline for March! March’s data didn’t seem to have a compelling story. March’s data seemed too predictable. That spooked me – what was I going to write about? DAB readers have built up filters to exaggerated headlines, but readers do expect a story. You should expect some insight. What’s the story?

Downtown Austin: Census Data In Perspective

Chris Bradford | April 12, 2011 |

Anyone who knows what a construction crane looks like knows that downtown Austin experienced phenomenal growth between 2000 and 2010. The 2010 Census confirms what we could see: Census tract 11 (which includes the CBD and Rainey Street) more than doubled in population, from 2,386 to 5,512. And that excludes dense developments that most would consider part of “downtown,” including Gables Park Plaza, the Monarch, Spring and Nokonah, all within Census tract 12. Add these and Downtown’s growth was even more impressive. [Read more…] about Downtown Austin: Census Data In Perspective

Downtown Austin Apartment High Rise To Get A Name Change

Jude Galligan | April 4, 2011 |

Downtown Austin Blog has learned that the Legacy On The Lake apartment high rise will undergo rebranding as “Windsor On The Lake”, or to something similar. Windsor Communities has purchased a controlling interest in the Rainey Street tower from Legacy Partners, and within the next couple of weeks we should expect to see new signage. Completed in 2008, Legacy On The Lake is a 187 unit LEED certified building.

Seaholm Website Updated With New Renderings

Jude Galligan | March 31, 2011 |

Update: Seaholm will have condos for sale

The latest aerial perspective rendering of Downtown Austin’s Seaholm redevelopment hints at a 27 story building. Admittedly, this has been off my radar for a little while. The project design has gone through multiple iterations but is still expected to host residential condos for sale in addition to a hotel and retail. I’m pretty enamored with the latest design. It shows a variety of uses, building heights, and a great park-like lawn. [Read more…] about Seaholm Website Updated With New Renderings

Whitely Paper Warehouse Under Contract

Jude Galligan | March 24, 2011 |

The Statesman is reporting that Riverside Resources has contracted to purchase the Whitely Paper site in downtown Austin’s Railyard district. You might recall 21c Museum Residences was planned for the half-block that fronts 3rd Street, between Brazos and San Jacinto Streets. [Read more…] about Whitely Paper Warehouse Under Contract