For the last two years, a modern condo project on Enfield between Mopac and Lamar has been sitting idle as the result of a dispute between former designer-builder of the project, QMET Building Co.
LLC, and the former owner, Bolter Corp.
Now, the bank has foreclosed and, in an unusual move, hired a construction manager to continue the project on its own.
While the shell of the attractive modern project is nearly complete, the bank is looking at demolishing...
Exclusive: 30 Month Milago Sales Analysis
Over the last 30 months, 344 downtown Austin condos sales have been recorded on the MLS. Of these sales, an amazing 52 have been in the Milago -- more sales than any other downtown Austin...
La Vista on Lavaca is Dead. Again.
After a decade of starts and stops, the ill-fated La Vista on Lavaca condo project appears to be fully dead. Now the planned nine-story residential mixed-use tower consisting of 19...
Today's news bits
Derailment on the Red Line and likely stupidity on Mopac (via M1EK's Bake-Sale of Bile)
1155 Barton Springs Condo Project Files for Bankruptcy
In April of 2008, developers announced a 4-story, 27 unit development on Barton Springs just east of Lamar adjacent to the train tracks, McDonalds, and Peter Pan Mini Golf. With pricing...
W Receives Financing: Averts Crisis
The W Austin Hotel and Residences is an important project for downtown Austin. It's located at the heart of the emerging Second Street District. It's a $300 million multi-use project...
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