Please join us tonight at 6pm @ 801 w. 5th st. (Threshold Interiors)
Featured Speaker :: Diana Zuniga, President of Investors Alliance
Refreshments Provided
Public Parking in The Monarch garage for $5
Search Results for: monarch
Downtown Austin Apartments: 404 Rio Grande
[youtube = http://www.youtube.com/watch?v=keuJmAFHb0o]
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
5th Street Commons
[youtube=http://www.youtube.com/watch?v=0_gzpDn7SqU]
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
Downtown Austin Emerging Projects – updated poster
The City of Austin periodically publishes a poster of emerging projects. The latest version (pdf) was just released. This poster shows projects under construction or being planned in Downtown Austin. Big changes can be seen on this poster compared to the last version.
Added:
1) Lance Armstrong Crosstown Bikeway
Removed:
1) Monarch (complete)
2) 360 (complete)
3) AMLI on 2nd (complete)
4) Museum Tower, AMOA (dead)
5) Red River Flats (complete)
6) La Vista on Lavaca (on hold)
7) Aqua Terra (dead)
Buildings not likely to get built within the next five years.
1) 7Rio
2) Ovation
3) Navare Block 52
4) Federal Courthouse
5) The Orsey
6) Marriott Hotel
Downtown Austin By The Numbers: How many dwellings?
This is the first in a series of three articles aimed at uncovering the number of residences in Downtown Austin. So, how many dwellings are there? This seems like a simple question, doesn’t it? I’ve never been able to get a satisfying answer – one that doesn’t try to determine the number of residents using a multiplier, is not rounded up or down, and that clearly indicates what is currently being lived in or is ready for occupancy (not under construction).
You may ask, “why don’t you just search Google?” Well, I did. I searched Google for “how many dwellings are in Downtown Austin”. I used other iterations and synonyms of those search terms and could not find a satisfying answer. Much of the data available is old and/or disparate. The last U.S. Census was in 2000. The next is in 2010. Because I am your loyal Downtown Austin Realtor (plug!), I am uniquely suited to discover and share with you my count, building by building, of the number of Downtown Austin condos and apartments.
The official Downtown Austin Blog count of Downtown Austin dwellings after the jump.
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