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Austin Ashton: More Buzz + Sneek Peek

Jude Galligan | March 31, 2009 |

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

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More pics after the jump below!

Austin Ashton - Kitchen Rendering — Austin Ashton - Kitchen

Ashton Austin – Buzz

Jude Galligan | March 16, 2009 |

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.

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

Insider Deals

Jude Galligan | March 12, 2009 |

My business is Downtown Austin Real Estate. Not West Lake, not Circle C, not Hyde Park, not Tarrytown – simply Downtown Austin!

Deals are getting done in Downtown Austin. Sellers are loathe to publicly lower prices. Instead, they sporadically reach out to a handful of market makers and suggest a price when they need to get a deal done. I’ve seen developers require a non-disclosure agreement! Who cares, you just got a great deal because you were in the know. Recently, my firm has negotiated deals of 30% off asking price.

Are you in the know?

I am opening up my insider deal contact book to prepared buyers that are pre-approved and ready to negotiate. This is an invitation to join my short list of buyers who receive a heads up whenever a seller contacts me motivated to make a deal. This goes for condo sales AND apartment leases.

Being prepared to close is the key to negotiating a super deal. You, or someone you know, can be added to my distribution list by sending me an email including:

-a pre-approval letter from your lender (if you are buying)
-your desired amount of space

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

Spring condos topping out party pics

Jude Galligan | February 26, 2009 |

[shameless plug 🙂 for more information about buying at the Spring condos, including the inside scoop on pricing at Spring and at other luxury buildings in downtown Austin, contact Jude Galligan, Downtown Austin Realtor (512) 226-3414 judegalligan [@] gmail.com

Southwestern view from 41st floor at Spring condos

If you witnessed a line extending half-a-block down w. 3rd on Tuesday evening it was the line to get to the top of Spring condominiums. The party was to celebrate their topping out at the 41st floor. Using the cargo elevator, attendees were taken to the 41st floor. Once on the 41st floor you walked off the cargo and greeted by a cavernous space filled with guests (similar to the Austonian party). Judging by the line and logistical challenges, including a 45 minute wait to get a tour of the interiors, I don’t think the Spring developers planned for the volume of guests! Still, the drinks were flowing and everyone looked to be having a great time. The views were what you would expect at that level… while the sun was setting… amazing.

Guests were also invited to tour a couple of furnished model units. Many existing buyers were in attendance, eager to get their first glimpse of a completed floor plan.

After the jump you can find a few pics of the interiors.

Build or Bust? Fact or Fiction? Downtown Austin Condos

Jude Galligan | November 19, 2008 |

You might have seen this article recently. It’s an interesting read. Filled with quotes and bold statements. You might have also seen my recent article about the actual number of dwellings in Downtown Austin. As your loyal Downtown Austin Realtor (plug!), I thought I would dissect this article and give you the scoop from the trenches of Downtown Austin Real Estate.

I’m going to cut/paste a handful of quotes from the article, and then explain if that quote is, generally speaking, true or false. Let’s begin…

“If people are waiting for the crash to come and for people to give away condos downtown, it’s not going to happen,” Spring developer, Perry Lorenz

Know the truth after the jump!