First look at Seaholm Condominium Plans
The transformation of the Old Seaholm Power Plant into a residential and shopping district is downtown’s first condominium project in five years.
Thursday, the community got a first look at renderings of the new development.
The Seaholm Residences will be a 30-story tower offering 280 luxury condos. The new tower will also feature a sky deck, a pool, and a dog walking and grooming area. The tower is going up at 222 West Avenue. Around the tower, developers are working on green space, retails and office spots. It will also be the home of a new Trader Joe’s in downtown Austin.
Crews broke ground on the project in April and people should start moving in by the beginning of 2015.
Changes to short-term rental rules
Rules for short-term rentals are now a bit more relaxed.
The city council tweaked rules for owner-occupied properties Thursday night. Among other changes, property will not have to be inspected every year. Property owners say they've requested many of the changes for months.
"People who just do them on a short-term basis, like maybe they do them just during SXSW and ACL. It's not operated year round," short term rental owner Julie Montgomery said. We feel like we have a smaller impact on the system."
Owners still have to pay $235 a year to license their properties with the city.
They also have to pay a $50 fee to notify neighbors. New limits also apply to apartment complexes, so entire buildings are not converted to short-term rentals.
Slumlords, you are officially warned.
The city council approved one of two ways they're considering to keep rental properties in check.
Repeat code violators will see stricter enforcement. As an example, Council Member Chris Riley says 2 percent of properties in North Austin's Restore Rundberg area account for 60 percent of the complaints.
Landords in good standing worry the council is missing the mark.
"It seems like the proposed solution does not target the problem properties and would disparately affect the great properties like mine," apartment property owner Terry Matheny said.
Council members postponed another item that would've targeted three parts of Austin, and require inspections of all apartments and duplexes.
"We have to get a better handle on substandard housing in this community and do everything we can to make sure that violators are held accountable," council member Kathie Tovo said.
They're expected to address each of those spots individually next Thursday.