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The Central Austin Condo Conversion Boom

AustinTowers Downtown Condo Blog  Fri, 03/14/2008 - 6:05pm

Last year, 824 Austin apartments were converted to condos. This year, that number is expected to grow to 1,167.

As downtown condo prices have skyrocketed to $400 / SF or more (sometimes much more), a wave of Central Austin rental properties are being converted into more-affordable central condo buildings.