Posted Apr 20, 2013, 2:49 AM
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Meh
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Join Date: Jul 2001
Location: Austin<--->Birmingham<--->Atlanta
Posts: 55,833
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There have been very few "starts" this year as far as highrise construction goes. What has been impressive is the carryover construction from last year and the announcements of revived projects, namely The Catherine, Hotel Van Zandt, 7th Rio Grande and the Hotel ZaZa, all of which are years old proposals.
So far there have been just two highrise construction starts this year - The Catherine and 7th & Rio Grande. But of course, there are about 10 highrises total under construction in Austin carrying over from last year. Later this year and next will be even more impressive as the current construction projects get up in the air and more projects break ground. We saw 5 highrise construction starts in 2012. 2011 also saw five highrise starts. There was only one in 2010 and three in 2009. The highest number in recent years was 7 in 2007.
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