Downtown Austin: Approx. 25 Projects Emerging over the Next Three Years

Approximately twenty-five projects are planned to be built in Downtown Austin over the next three years including seventeen condominium projects and eight non-condominium projects. Several projects are already underway and others are yet to break ground in response to downtown Austin's real estate demand.

Even though Austin is the 16th largest city in the nation, there is no sign of a slow down. This steady growth is coming from a variety of factors including job growth...the backbone of any emerging market. The recovery and re-emergence of technology trade has continued to add jobs to the area while a more diversified local economy has emerged from the dot com era. In addition, Austin has been identified as one of the most desirable locations for the young as well as the young at heart based on factors ranging from the quality of life to the overall cost of living.

To learn more about downtown Austin and its emerging projects, email bryan@urbanspacerealtors.com

Bridges on the Park Gaining Momentum

Now that Bridges on the Park has finally broken ground, the list of interested buyers is steadily growing. The wait list has grown from approx. 50 to 70 in less than three weeks.

Bridges on the Park is located at Riverside and South Lamar roughly midpoint between the new Whole Foods, Zilker Park and the upcoming Performing Arts District. Phase I of the project (~5-6 Stories) will have approximately 104 units and house ~9,000 SF of retail at its base and include the historic Paggi House at the northeastern edge of its courtyard. To learn more, email bryan@urbanspacerealtors.com

The Shore

The Shore is the only high-rise project currently taking reservations that lock in specific units at specific prices. Although approximately 70% of the building is reserved, there are several cost-effective units currently available. To lock in a unit at a specific price, a fully-refundable $3,000 reservation deposit as well as reservation agreement are required. To learn more, email bryan@urbanspacerealtors.com

brought to you by:

Bryan Cady
urbanspace Realtors®

(512) 731 7489 phone
bryan@urbanspacerealtors.com

All information contained herein is deemed reliable, but not guaranteed. Interested parties must verify. To learn more about brokerage services, download Information About Brokerage Services.

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