Posted Jun 24, 2012, 1:06 AM
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Meh
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Join Date: Jul 2001
Location: Austin,TX<-->Dripping Springs,TX<-->Birmingham, AL<-->Warm Springs,GA
Posts: 57,205
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http://www.statesman.com/business/re...w-2403286.html
Quote:
Lots of new Austin towers planned -- but how many will become reality?
Shonda Novak, The Real Estate Beat
Updated: 7:44 p.m. Saturday, June 23, 2012
Published: 7:19 p.m. Saturday, June 23, 2012
Through the years, when my sage sister Lisa wanted to dismiss one of my stupendous (OK, implausible) ideas, she'd say dryly: "Let's talk about something that's really going to happen."
Her quip comes to mind as local real estate observers debate which of the numerous proposed downtown high-rise projects will actually get built, in this or coming real estate cycles.
Will it be Cousins Properties' proposed office tower at Third and Colorado streets, across from Sullivan's? Or maybe Endeavor Real Estate Group's 13-story office tower for IBC Bank's headquarters? Will both new convention hotels get built — a JW Marriott at Second Street and Congress Avenue and a Fairmont hotel at Red River and Cesar Chavez streets? And what about Endeavor's planned 36-story apartment/office tower on Bowie Street, Novare/Andrews Urban's 23-story SkyHouse apartment tower for Rainey Street and the two 50ish-story residential high-rises that the Sutton Co. plans in the Rainey Street area?
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