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Bouldin Place Mixed-Use At 500 S. Congress


Urbannizer

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https://www.bizjournals.com/austin/news/2024/02/22/related-companies-south-congress-redevelopment.html

A New York-based real estate development firm is planning to transform a 6-acre site at the intersection of South Congress Avenue and West Riverside Drive with high-rise towers — the latest indication that Austin's downtown skyline is poised to expand across Lake Bird Lake.


The Related Cos. wants to establish a planned unit development with a maximum building height of 575 feet, or about 50 stories. The multitower project would include approximately 800 residential units, as well as a 225-room hotel, 200,000 square feet of office space, 90,000 square feet of retail space, 30,000 square feet of space for restaurants and a 25,000-square-foot grocery store, in addition to an underground parking garage, according to documents submitted to the city."

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^^^ despite the very often repeated dialogue from the "usual suspects" regarding austin's supposedly forthcoming "office glut", this magnificent city is proving to be resilient to downtown construction stoppage during this burgeoning decade.  austin, tx, is starting to bloom like a beautiful RED ROSE.  this city's momentum seems to know no bounds.  forget the naysayers/usual suspects... GO AUSTIN GO!   

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