AUSTIN-Construction has been launched on the mixed-useBlock 21, a$260-million project slated for completion in 2010. The 850,000-sfproject, one of many popping up in the CBD, has a 250-room W Hoteland 200 residential condominiums as its centerpiece.

Developed by Stratus Properties of Austin and the Beverly Hills,CA-based Canyon-Johnson Urban Funds, Block 21 is along Second St.,one block north of Austin's city hall. In addition to residencesand retail, the development will include a 2,200-seat liveentertainment venue, the new home for Austin City Limits. The venuewill be managed by Live Nation of New York City, parent company forthe House of Blues.

Block 21 also is being considered for LEED Platinumcertification. Block 21's lead architect is Andersson-WiseArchitects of Austin.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.