Urbannizer Posted February 18, 2023 Share Posted February 18, 2023 https://austin.towers.net/turning-a-corner-at-415-colorado/?pro=caitlyn@towers.net Demolition is scheduled to begin this week at the southeast corner of West Fifth and Colorado Streets in downtown Austin, clearing several buildings for the construction of a 47-floor residential and office tower developed by Texas private equity firm Stonelake Capital Partners.The project, at the moment known simply by its address at 415 Colorado, will contain approximately 328 apartment units located above 110,000 square feet of office space in a 640-foot tower designed by the Houston-based firm Ziegler Cooper Architects — best known around here for the look of the nearby Austonian condo tower, which features a similar crown. Quote Link to comment Share on other sites More sharing options...
Urbannizer Posted February 18, 2023 Author Share Posted February 18, 2023 5 Quote Link to comment Share on other sites More sharing options...
Houston19514 Posted February 20, 2023 Share Posted February 20, 2023 Is anyone keeping count of how many apartment units are under construction in downtown Austin (and how many there are currently)? Quote Link to comment Share on other sites More sharing options...
Urbannizer Posted February 24, 2023 Author Share Posted February 24, 2023 On 2/20/2023 at 12:29 PM, Houston19514 said: Is anyone keeping count of how many apartment units are under construction in downtown Austin (and how many there are currently)? I couldn’t find anything recent regarding this so I did the math. Currently there are 13 buildings with residential units under construction Downtown. Of those, 9 are multifamily and 4 are condominiums. 3,443 multifamily units U/C 772 condos U/C 4,215 total U/C 5 1 Quote Link to comment Share on other sites More sharing options...
Urbannizer Posted February 24, 2023 Author Share Posted February 24, 2023 @Houston19514 State of Downtown Austin 2022 indicates there’s 13,648 residents and 9,447 residential units, released May 2022. Between the release and now 1,065 units have been added bringing the total to 10,512. https://downtownaustin.com/state-of-downtown-report-2022/ 3 1 Quote Link to comment Share on other sites More sharing options...
Houston19514 Posted February 24, 2023 Share Posted February 24, 2023 15 hours ago, Urbannizer said: I couldn’t find anything recent regarding this so I did the math. Currently there are 13 buildings with residential units under construction Downtown. Of those, 9 are multifamily and 4 are condominiums. 3,443 multifamily units U/C 772 condos U/C 4,215 total U/C 5 hours ago, Urbannizer said: @Houston19514 State of Downtown Austin 2022 indicates there’s 13,648 residents and 9,447 residential units, released May 2022. Between the release and now 1,065 units have been added bringing the total to 10,512. https://downtownaustin.com/state-of-downtown-report-2022/ Thank you. So , within a period of 2-3 years, they will have increased the supply by 56%! And there are at least 1,400 additional in the "proposed" category -- another 14.8%! Quote Link to comment Share on other sites More sharing options...
Houston19514 Posted February 24, 2023 Share Posted February 24, 2023 Also from the State of Downtown Austin 2022, downtown Austin absorbed almost 550 residential units in the period 2nd Q 2021 through 1st Q 2022. Sounds great!. But at that rate, it would take more than 7 1/2 years to absorb the units under construction; more than 12 years to absorb the number delivered since that report, those under construction and the 1,400 known to be currently proposed. 1 Quote Link to comment Share on other sites More sharing options...
Urbannizer Posted March 3, 2023 Author Share Posted March 3, 2023 4 Quote Link to comment Share on other sites More sharing options...
Urbannizer Posted September 8, 2023 Author Share Posted September 8, 2023 Same height as 405 Colorado and has quite a ways to go. 4 Quote Link to comment Share on other sites More sharing options...
CREguy13 Posted September 8, 2023 Share Posted September 8, 2023 I was on that rooftop bar immediately next door last week for an event. It had a towering presence for sure. Quote Link to comment Share on other sites More sharing options...
Urbannizer Posted September 27, 2023 Author Share Posted September 27, 2023 5 Quote Link to comment Share on other sites More sharing options...
Urbannizer Posted November 2, 2023 Author Share Posted November 2, 2023 4 Quote Link to comment Share on other sites More sharing options...
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Urbannizer Posted Wednesday at 10:02 PM Author Share Posted Wednesday at 10:02 PM Columns going up for the crown. 3 Quote Link to comment Share on other sites More sharing options...
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