AUSTIN, Texas — The COVID-19 pandemic isn't slowing down some development plans in the Capital City.
A big development is coming soon to an area just south of Downtown Austin. The property is on West Live Oak Street, near South First Street.
There are plans for it to become a mixed-use development. It's not clear yet how tall the building will be or if it will be apartments or condos, but the developers – who also own a nearby property – hope to break ground by next year.
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And developers are also moving forward with 44 East Avenue, a skyscraper in the Rainey Street District. Financing has been secured for the 49-story condo tower.
Units at 44 East Avenue start at one-bedroom and just under 500 square feet and go to four bedrooms at more than 3,500 square feet. The condos run from $400,000 to over $4 million. The building is supposed to be completed by 2022.
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