The Austin skyline is rapidly changing. Within the next two years, there will be at least three new downtown condo developments. The Austin American Statesman newspaper described three projects, two of which will be among the tallest buildings in Downtown Austin when they are complete.
- The 360 will be 44 floors, 432 units. Prices for one-bedroom units will be just under $200k with two-bed units under $300k. Completion is scheduled for late 2007.
- Red River Flats will be four floors, 120 units. Rents will range from $1350-2520 per month. Completion is estimated at July 2007.
- Spring will be at Third and Bowie streets, near the old Seaholm Power Plant. Units will be $200-400k. The 36 floor, 220 unit complex is scheduled to open in 2008.
For those of you interested, you can read more about Downtown apartments, condos on the rise.
---
Dee Copeland, Investment Specialist
AustinHomeNews.com, Team Dee Residential
eRealtyAlliance Commercial Real Estate
Comments