Austin Business Journal January 28, 2021, 6:26PM CST |Commercial Real Estate|Austin’s Evolving Skyline| “A Huge, Developing Story|Tracking 43 towers, underway, planned in or near downtown” by Parimal M. Rohit
32 Story, 613-room Austin Marriott Downtown 304 E. Cesar Chavez Street to open in March. Located next to the Austin Convention Center it includes 65,000 square feet of entertainment, exhibit and meeting space.
See the article for detail including a MAP and the listing of 43 locations along with a description of the project.
Before too long you won’t recognize Austin’s skyline as 43 towers, up from 37 last year, are online or planned this on the heals of being named “the most recession-proof large city” and with corporate RELOs at record levels. 2020 was about planning and construction and now some of those are coming to fruition including “the 32-story Marriott”, “the 36-story Indeed Tower, the Austin Marriott Downtown and 300 Colorado. About “3.5 million square feet of office space” is under construction or in development along with 2,500 apartments. As of now 6 are nearly complete, 11 are under construction, 23 on the “drawing board” and 3 are south of Lady bird lake.
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