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Evaluating The Different Options Available For Downtown Austin Condos



D


owntown Austin is growing       of the river view since you are   
faster than ever. Well,        at the bend. The two places are  
maybe not ever, but more        called The Milago and The Shores. 
than in the last 14 years I have       The Milago is right at the bend  
lived here. The city council and     of the river with only the Town   
the community in gereral is           Lake Trail between it and the     
pushing for growing the downtown      water. If you want protected      
into a live-work area with high       river views, The Milago is pretty 
density, shops downstairs, and        much it. Also, to get any views, 
living upstairs. The term is         you need to be above the trees    
"multi-use" and it is pretty much     and that is at about the 6th      
pretty much the montra for Austin     floor as well as on the west side 
real estate. There are 10+ condo     of the building; the east side of 
projects going up in the next         the building pretty much has      
couple years that cater to the        nothing interesting right now.    
different appeals of living in        The Shores has a similar view     
downtown Austin.                      corridor down the river and to    
                                      the west and is a little more     
A couple condos are situated at       north of the Milago. It has the  
the turn of the river in downtown     Mexican-American cultural center  
Austin, taking advantage of views     being built in front of it and    
down the river. The first time I     has a low-rise, older townhome    
saw the views, I was pretty           project that poses no threat as   
surprised. You can see all the       of now to block the view. This   
way down the river from the           building is not as rectangular as 
Congress bridge, past the Lamar       The Milago so more of the units   
Bridge, and past downtown. One       have some sort of view, whether   
nice aspect about these places is     it be the river or downtown.      
that there is not much chance of                                        
anything being built in the way       Moving on to a another downtown   



Austin condo sector. Some hotels     houses too) to downtown to the    
are renovating the top floors of      west. There's a local shop to    
their places or building new          walk to on West Lynn, and if you  
high-rises next-door to               want more of a supermarket, the   
accomodate those who want more        Whole Foods mothership            
high-end services associated with     headquarters complete with ice    
hotels. They will have room          rink is at the corner of 6th &    
service available, workout            Lamar along with REI, Waterloo    
facilities, concierge, and            Records, Amys Ice Cream, and      
whatnot. The Hilton probably has     other fun stuff. The Nokonah is  
the most upper end units right        right there in the midst of all   
now called the Five Fifty Five.       that. It was built in 2001, so   
To name a couple slick                it is all resale at this point,   
attributes, they feature wolf         but a good location with          
ovens, wood floors, 24hr.             concierge and security.           
concierge & security, and walls                                        
of windows viewing Austin             And of course, people just want   
downtown. They have a couple         to live by cool areas. Austin's   
penthouses left.                      South Congress is known for       
                                      probably being the hippest street 
The other downtown Austin aspect      in Austin. It is so cool it has  
of living that some condos will       been abbreviated to be called     
be banking on is the trend to         SoCo. A couple different condo   
live near walkable shops and          projects are popping up around    
restaurants. Clarksville is a        that area. Most are the loft,    
neighborhood thriving around some     slick style that blends with the  
shops and restaurants on West         SoCo area. One is practically    
Lynn as well as the 6th & Lamar       the neighbor of a popular         
area. It is probably the closest     restaurant and club. It's a      
actual neighborhood (meaning          smaller condo project at only 14  



units available and starting at       planned to take advantage of the  
380K. A larger condo projects is     new SoLa. One is just south of   
being developed further down          the river called The Magnolia.    
south called the SoCo Lofts.          They've already begun             
These will have bamboo floors and     construction and are moving fast, 
stainless appliances. They will      targeting completion by July      
not really be walkable to the         2008. The funny story behind     
SoCo shopping area but will be        this location is that it used to  
creating its own multi-use            be a Wendy's.                     
shopping, retail, and                                                   
restaurants. Since they are a        It will be interesting to watch   
little more south from the            Austin develop over the next      
saught-after SoCo strip of shops,     several years. There are a        
they are a more affordable            number of downtown Austin Condos  
option, starting at 225K for a        as shown here                     
1-1.                                  http://www.escapesomewhere.com/do 
                                      wntownaustincondos.html but the   
Another area in the south that is     new ones that are coming online   
trying to model itself after SoCo     should widen the selection for    
is being coined as SoLa, or South     people interested in living       
Lamar. SoLa is parallel to SoCo       downtown. Additionally, the      
and about 2 main streets west.        increased density should allow    
It is not as dense with shops but     for more small shops and          
city plans are in the works to        businesses to set up shop         
rezone almost everything along        downtown which will hopefully     
the street between the river          make downtown a more walkable     
south to 71 to be multi-use. It      interesting location for years to 
could be pretty cool and much         come.                             
more expansive than the current       

                              
SoCo. There are various condos       




About the Author:

Escapeso Austin Real Estate Home Search is a real estate team located in Austin Texas. Their site provides a description of different Austin Condos.


Read more articles by: Ki Gray

Article Source: www.iSnare.com


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    Evaluating The Different Options Available For Downtown Austin Condos