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December 5, 2007
WEITZMAN TO LEASE RETAIL IN DOWNTOWN AUSTIN HIGH-RISE AUSTIN—The Weitzman Group has been named exclusive retail leasing agent for 360, a striking 44-story condominium tower with ground-level retail space at a site bounded by 4th Street, 3rd Street, Nueces Street and Shoal Creek in the heart of downtown Austin. The 360 project incorporates 14,500 square feet of prime retail space that faces 3rd, 4th and Nueces Streets Michele Gary, vice president with Weitzman, is handling retail leasing at 360. 360 will offer residents easy walking access to the downtown core, as well as Lady Bird Lake and a number of retail and restaurant districts. 360’s location overlaps the burgeoning West End/Market District, anchored by Whole Foods and an array of specialty retailers, and the Warehouse/2nd Street Retail District, which includes a number of destination restaurants and specialty retailers. 360’s retail space will benefit from the traffic generated by the growing downtown commercial, residential and retail market, as well as its proximity to the 430 homes at 360, which is virtually sold out. Fewer than 10 homes are not already under contract. The target demographic for the condominium homes includes singles, young married couples and empty nesters. 360 is a project of Novare Group of Atlanta, Georgia and Austin-based Andrews Urban LLC. Construction is scheduled for completion in spring 2008. .
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