Wednesday, April 04, 2007

Four Seasons condo in the works

Austin Business Journal - 5:46 PM CDT Tuesday, April 3, 2007
A new condominium project run by the Four Seasons Hotel Austin is moving forward in downtown.

Called the Four Seasons Residences, Town Lake Austin, the 30-story condo will be co-developed by an affiliate of Post Properties (NYSE: PPS) and Austin's Ardent Residential.

Four Seasons Residences will have 166 units. The project will also have about 7,000 square feet of ground floor retail. The project is set to break ground this fall off Cesar Chavez Street.

The Residences will be managed by the Four Seasons Hotel and residents will have access to the services and amenities at the Four Seasons Hotel next door.

Services available to the condo owners will include in-residence dining and housekeeping services, dry cleaning, turndown services, laundry and valet services. The pool will sit on top of the building.

Prices are expected to range from $400,000 to $2 million. Individual condo units will range in size from 1,000 square feet to 2,700 square feet. Penthouses will average 2,700 square feet each.

New York-based Michael Graves & Associates Inc. is the building's architect. This will be the firm's first Austin project, and it's first residential building in Texas.

The Four Seasons Hotel Austin is undergoing a $15 million renovation expected to be completed within the year. The renovations include plans for a new 5,500-square-foot guest spa, renovations to individual guest rooms and a redesign of the hotel's restaurant.
Posted by Austin Texas Weblog at 1:26 PM

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Austin Named One of America's Best Walking Cities

March 23, 2007 Austin Named One of America's Best Walking Cities Austin was ranked the No. 2 best walking city by Prevention magazine and the American Podiatric Medical Association, coming in just behind Madison, Wis. This is the second year in a row that Austin made it to the top of the list of America’s best cities for walking. Prevention and the APMA surveyed 125 of the most populated U.S. cities and considered 20 criteria of interest to pedestrians including population density, percentage of people who walk to work, miles walked per exercise session and air quality. Austin strode to victory with its high scores for exercise, fitness and air quality. The recognition came as good news to Mayor Will Wynn, but he believes the city needs to become even more pedestrian friendly. “Fortunately, the continued revitalization—and repopulation—of downtown as well as other developments like the Triangle and the old Mueller Airport are big steps in the right direction…pun intended,” said Wynn. The results of the study appear in the April issue of Prevention.

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