Rainey Street Transformation, I35 Cap Design, DASA

Jun 25

Downtown Austin Newsletter - June 25

Jacob’s Downtown Update

Data Dive

The Rainey Street District has seen the biggest transformation in downtown, maybe of all time. Previously a strip of single family bungalows, will now boast over 4,600 residential units once all current projects are completed in 2027. The first project was the Milago in 2006, bringing 260 units. Soon, the district will have added 1,800 condos (for purchase) and 2,880 apartments (for rent only).

Downtown Market Biweekly Snapshot (Last Update)

221 Total Active Listings (215) +3%

20 New Listings (18) +11%

4 Pending (9) -44%

3 Closed (8) -38%

*new supply increases while demand dwindles to a halt

Stay in the Loop

Help design the I-35 caps - the city is taking suggestions for how to best implement decks that will be going over the soon to be “sunken” I-35. Parks, community centers, etc are all possible.
Small business owners this is for you! - Downtown Austin Alliance has launched their Downtown Austin’s Space Activation (DASA) to enable vacant, underutilized space to enable pop ups for small business owners, artists, and more to showcase their work.
Waterline, the “supertall” tower has reached the halfway mark - You can start to see the construction poking out from the skyline. An updated website also has emerged and gives you some 3d walkthrough opportunities.