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Apollo Chooses Austin

Apollo Global Management ( $APO ) has announced that Austin has been chosen as its innovation and emerging technology hub. Notably, Austin was in the running against Miami, Palm Beach and Nashville. Reports keep referring to this deal as a second headquarters ; implying that Apollo is not quite ready to abandon its New York City roots, and this isn t...

Well, That Backfired

We ve all heard cars that backfire incessantly. The siren song of enthusiastic, gifted, drivers who enjoy announcing their car s presence at stop lights. A proposed new law is on deck to limit how much exhaust noise a person of ordinary sensibilities must tolerate. City Council is expected to vote on the ordinance at their next meeting....

Paseo Apartment Tower Celebrates Topping Out on Rainey Street

Paseo, the 557-unit downtown Austin apartment tower now rising on Rainey Street that just happened to receive its name from yours truly, has officially reached its maximum height. The building s development team, including its general contractors at JE Dunn Construction and developers LV Collective, celebrated this topping out milestone last Friday, sending a flag up the tower crane and signing…

Home2 Suites Hotel Tower Planned at the North Edge of Downtown Austin

A 14-story hotel tower containing a Home2 Suites by Hilton is planned on the north edge of downtown Austin near the southeast corner of Guadalupe Street and West Martin Luther King Jr. Boulevard, according to recent permit applications with the City of Austin. The project by Houston-based management firm PA Hospitality is expected to rise...

In Sunny North Austin, a 350-Foot Building Ain’t Nothing To Sneeze At

There are very few aspects of Austin s ongoing process of urban development more personally satisfying to me than the slow densification of the north side of town, which is where I spent most of my time growing up. That scene in Office Space where Peter and his coworkers walk across an empty retention pond between parking lots on their...

Steck Office Park Rezoning Moves Forward in Northwest Austin

The rezoning application for a Northwest Austin office park containing three separate buildings and a parking structure on a site spanning more than 12 acres at the northwest corner of Steck Avenue and the MoPac Expressway frontage road is moving forward this week. The request for vertical mixed-use zoning at the property under the city s new DB90 bonus program by...

Braker and Kramer Apartments Bringing Nearly 400 Homes to North Burnet

An apartment project planned by Austin s own Endeavor Real Estate Group at a 4.3-acre collection of properties located at the corner of Braker and Kramer Lanes could continue the ongoing urbanization of the North Burnet region near hotspots like the Domain and Q2 Stadium. It s great news for future residents of the project s anticipated 396...

The Modern Austin Residences Tops Out in the Rainey Street District

The 56-story Modern Austin Residences condo tower project celebrated its official topping out this week, with the building now reaching its maximum structural height of 658 feet at the northeast corner of Davis and Rainey Streets on the north end of the Rainey Street District in downtown Austin. It s just one of multiple tower projects currently redefining the skyline of this neighborhood, which…

What’s Next for East Austin’s Tillery Street Pecan Grove?

For decades, residents of the Govalle neighborhood in East Austin have enjoyed a grove of roughly 75 pecan trees planted in an unusually neat orchard-like grid on undeveloped land at 1129 Tillery Street, the site serving the community as an ad hoc neighborhood park and also supplying a healthy crop of pecans for pies and pralines. The city-owned site...

Fifth and Trinity Hotel Project Could Be Downtown Austin’s Next Groundbreaking

The 13-story hotel planned as part of Marriott s Autograph Collection brand by local hospitality firm White Lodging could kick off demolition and construction at the southwest corner of East Fifth and Trinity Streets in downtown Austin before the end of the year, according to recent city permit documents, with demolition and site prep work currently scheduled to...