AUSTIN-Construction has been launched on the mixed-use Block 21, a $260-million project slated for completion in 2010. The 850,000-sf project, one of many popping up in the CBD, has a 250-room W Hotel and 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 residences and retail, the development will include a 2,200-seat live entertainment venue, the new home for Austin City Limits. The venue will be managed by Live Nation of New York City, parent company for the House of Blues.
Block 21 also is being considered for LEED Platinum certification. Block 21's lead architect is Andersson-Wise Architects of Austin.
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