AUSTIN | Southeast Austin/Riverside Corridor Updates

[Urbannizer]

Alexa Riverside Phase II

Slow progress

[Jdawgboy]

That thing is a BEAST. We should have more higher floor residential buildings like that along Riverside.

[mumu]

Originally Posted by Jdawgboy

That thing is a BEAST. We should have more higher floor residential buildings like that along Riverside.

Given all the apartment vacancy they probably want to extend the build time in order to extend the construction loan period as long as possible, hoping for a 2026 recovery.

The interest rate on permanent financing, typically required once they start to lease, is likely at least double that of the construction loan.

[Urbannizer]

Here's a rendering of the River Park project that hasn't been shared before. I take it was part of Phase I, but doubt it'll start anytime soon.

https://www.bogza.com/work/office-mixed-use

https://www.bogza.com/wp-content/upl...0-2-scaled.jpg

[Urbannizer]

Alexan Riverside

[Urbannizer]

Zenith

Now open.

https://www.apartments.com/the-zenit...in-tx/zk2dv4y/

[Urbannizer]

Riverside Condominiums

[Urbannizer]

Cairn Point Montopolis

[urbancore]

Originally Posted by Urbannizer

Cairn Point Montopolis

Eat your heart out Le Corbusier.

[Urbannizer]

Southeast rezoning will allow huge increase in multifamily units

Last week, City Council gave final approval to developers who want to demolish 210 aging multifamily residences and replace them with 1,100 new units plus commercial development on Willow Creek Drive near Pleasant Valley Road in Southeast Austin. The 7-acre property at 2201 Willow Creek Drive will go from Multifamily Residence-Medium Density (MF-3) zoning to Community Commercial-Mixed Use-Vertical Density (GR-MU-V-DB90) combining district zoning. The developer is 2201 Willow Partners LLC (Kostas Koutsothanasis).

Developers have committed to helping tenants find new housing and to allow them to return once the new project is complete. That promise is part of their compliance with the city’s Tenant Notification and Relocation Assistance requirements in the Land Development Code, but the commitment goes beyond what the code requires.

[Urbannizer]

Grayco South Shore

[Lobotomizer]

Originally Posted by Urbannizer

Grayco South Shore

Seven floors is such a nice and cozy level of density.

[clubtokyo]

I agree 7 floors is nice!

[Urbannizer]

Originally Posted by Urbannizer

Demolition Approved for Riverside Place Shopping Center

Renderings and info can be seen here, see page 76:

https://issuu.com/lakeflato/docs/urban_planning_design

[gillynova]

Lots of juicy information here Urbannizer. Thank you for the find

[Bblasa]

Looks like it got taken down

[sammyk]

Originally Posted by Bblasa

Looks like it got taken down

Did anyone get screenshots?

[Urbannizer]

Originally Posted by sammyk

Did anyone get screenshots?

Link is back up. See page 96.

https://issuu.com/lakeflato/docs/urban_planning_design

[gillynova]

^^ Yeah, I honestly checked today too and the link is back up! All the JUICY info

[Urbannizer]

Apartment complex opens in Southeast Austin with 135 units at below-market rate rents

As the city of Austin continues to work to boost its supply of affordable housing, another complex has opened with 135 units at below-market rents.

Last week, officials with the city and Foundation Communities held a grand opening for the Parker Lane Apartments at 2105 Parker Lane in southeast Austin. The complex has 135 affordable units and includes housing and amenities for people who are experiencing homelessness or who are at risk of becoming homeless.