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Kim Gatley
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enior Vice President & Director of Research at REOC Austin

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High-rise development destined for another downtown Austin block

The Episcopal Church has selected Austin-based Cielo Property Group to partner in developing a church-owned block, with plans calling for a large mixed-use project, along with a permanent home for the church’s historical archives.

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Travis County negotiates with developers

County commissioners unanimously voted Tuesday for staff to begin negotiating with one of five unidentified real estate development firms to sell the 300 block of Guadalupe Street just south of Republic Square Park in the heart of downtown Austin.

The property is currently home to a parking lot and, occasionally, a food trailer. But it was […]

Capital Factory gobbles up more space in downtown Austin

Capital Factory is expanding its real estate footprint inside the building it shares with the Omni Austin Hotel Downtown, a move that will allow it to host many more events each year.

The startup accelerator and co-working office is doubling its event space inside 701 Brazos St., where it currently occupies three floors, Austin Inno reports. […]

Austin developer buys downtown IHOP site

The IHOP at Interstate 35 and East Cesar Chavez Street was acquired late last year by WC 707 Cesar Chavez LLC, an entity the Texas Secretary of State says is linked to World Class Capital Group.

A purchase price was not disclosed. The Travis Central Appraisal District valued the .77-acre site at 707 E. Cesar Chavez […]

SXSW affiliate plans 12-story office tower for corporate HQ

Plans have been submitted for an office tower at 1400 Lavaca St. and public documents show that the developer is affiliated with South By Southwest. The property is described as a “corporate headquarters” in public records.

According to city documents, CZ Properties, an affiliate of South By Southwest, intends to demolish this building at 1400 Lavaca […]

Austin office tower sold to New York firm for $63 million

Brickman, New York firm, which purchased Lavaca Plaza in 2012 and turned it around in rapid fashion, has re-entered the Austin market with the purchase of this downtown tower known for its reasonable office lease rates in a town where prices are skyrocketing.

Prescott Group Plans Redevelopment of Office Building in Austin

Prescott Group Inc., along with an institutional investor, has acquired an office building at 316 W. 12th St. in Austin and plans an $11 million redevelopment of the property. The building is located on one acre and is within walking distance of the State Capitol, The University of Texas, Dell Medical School and Austin’s Downtown […]

GE Aviation picks Austin for tech hub

GE Aviation plans to open what the company calls a “digital collaboration center” in downtown Austin next week. The company, a division of Boston-based General Electric Co., is establishing the center above a technology company on 15th Street it acquired in 2012, officials said Friday.

Downtown novelty: $6M sky bridge to connect hotel, Austin Convention Center

Rendering of the planned Austin sky bridge.

A 33-foot, $6 million aerial walkway surrounded by foliage will connect the forthcoming Fairmont Austin hotel and the Austin Convention Center as part of a partnership between the hotel and a nature conservancy. Work recently began on the walkway and completion is estimated in May 2017.

The unique sky bridge […]

With Goldman Sachs on board, downtown high-rise set to break ground

Austin Proper is soon to break ground on former water treatment facility.

The 33-story Austin Proper Hotel & Residences is expected to break ground in the next few weeks after Goldman Sachs & Co. brought its hefty Wall Street weight to the table in support of the project on the site of the former Green […]