Posts Tagged ‘Downtown’

27 Units In Sabine Condo Project Set For Auction

Tuesday, February 16th, 2010

February 28th, a Beverly Hills, Calif.-based firm will auction 27 units in the Sabine on Fifth, a downtown condominium project whose future until recently had been clouded by a lawsuit and a foreclosure action.  The auction is one of several that have taken place in Austin to allow some developers to quickly sell their remaining units in a slower real estate market.

Formerly an office building, the Sabine is a 10-story tower at East Fifth and Sabine streets that CWS Capital Partners converted into condominiums in 2007.

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Improvements Planned For Auditorium Shores

Friday, February 5th, 2010

Although Auditorium Shores is one of Austin’s most popular green spaces, it lacks parking and amenities for the many pedestrians, cyclists and dog owners who converge there daily, city officials say.

To fix that, the city is planning $4.2 million in improvements to Auditorium Shores and nearby Butler Park. They include more parking, new restrooms, a pier over Lady Bird Lake, a children’s play area and a path that splits off of the hike-and-bike trail to ease congestion and redirect joggers, cyclists and walkers away from dog owners and their pets. There are no plans to make the off-leash dog area an on-leash area.

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Downtown Austin Leaders Plan For Massive Growth

Monday, July 13th, 2009

Austin city leaders are grappling with the future of downtown Austin. On Monday, the City of Austin will present revisions to the Downtown Austin Plan, which will include affordable housing and density bonus reports.

City leaders created the plan to deal with the growth in Austin, especially downtown. The population growth is more than three times the national average, construction cranes are now a part of the Austin skyline and and right now, more than 7 million square feet of development is under construction. The city projects the new development will draw in more than 8,000 new residents.

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