High-rise commercial buildings

Sub Markets

Property Sectors

Topics

Texas CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Texas  + Austin  + Apartments  | 
Rundog

Austin Developer Snags Zoning for Hotel, Multifamily Towers

The Austin City Council approved a rezoning request for a city block to accommodate a plan to redevelop the block with two high-rise towers that would hold a mix of uses along West Martin Luther King Jr. Boulevard and 18th Street in downtown Austin.

The Austin Business Journal reports the redevelopment project would include building two towers, with one tower being a 476-room hotel with nearly 35,000 square feet of office and retail space and the other tower being a 287-unit multifamily project with 35,000 square feet of retail space. 

These towers would replace the existing low-rise buildings on the site that currently hold a Jack Brown Cleaners location, the original Tiff’s Treat cookie store, a Jimmy John’s and some low-rise apartment buildings.

Rundog Real Estate Group is the developer.

Besides the land use request, Rundog is also seeking approval for Austin’s Downtown Density Bonus Program.

Connect

Inside The Story

Rundog

About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

  • ◦Development
  • 3801 E MORELAND DR

    WESLACO, TXTexas + Apartment Buildings
    Listing Status:Available
    Listing Type:Call for offers
    Price:$7,500,000
    No. of Units:78
    Year Built:2005
    Lot Size:77325 Acres
    Opportunity Zone:No
    Price per unit:$96,153
    Learn More
  • Jameson St Apartments

    Weatherford, TXTexas + Apartment Buildings
    Listing Status:Available
    Listing Type:Highest & best offer
    Price:$5,160,000
    No. of Units:60
    Average Occupancy:98
    Year Built:1973
    Building Size:44700 Sq ft
    Lot Size:4.05 Acres
    No. of Stories:2
    APN:R000047582
    No. of Parking Spots:100
    Opportunity Zone:No
    Price per unit:$86,000
    Learn More
New call-to-action