Austin: Seaholm condos under contract reach 80%

AUSTIN – The 30-story Seaholm Residences tower, under construction on W. Cesar Chavez St. at the site of the former Seaholm Power Plant, has begun converting reservations for condos into contracts.

Developer Seaholm Power LLC and Austin-based Urbanspace set a record in fall 2013 when all 280 units in the tower were reserved within a week.

In early August, contracts started going out to convert those reservations to contracts. Within two weeks, more than 80 percent of the building is now officially under contract. Sales will become final once the building is completed in fall 2015.

Condo prices at Seaholm Residences range from about $300,000 to upwards of $1 million.