The Norwood Tower_Suite 600 | 3,462 SF | Office ??114 West 7th St. Austin, TX 78701 Architect: Studio Works Broker: ECR
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Pravo exists to build spaces people love. Our vision and goal is to improve the lives of the people around us while delivering at a high level for our commercial real estate partners and clients. While we strive to be a top mid-market GC in Central Texas, we take special care with our relationships and pay attention to every detail. Pravo's key differentiators: - Preconstruction, detailed takeoffs & strategic budget tools - Schedule accuracy & saving clients 2-4 weeks during the initial planning stages - Budget development & hitting cost targets starting early in design - Transparency & added value from preconstruction through closeout Target markets: - Hospitality - Corporate Office - Asset Repositioning - Adaptive Reuse/ Rennovation/ Preservation We pride ourselves on our repeat customer base and look to build on our proven track record as we develop new and existing relationships. We're adaptable, thorough, proactive and bring a well-balanced approach from pre-construction through closeout. We also believe in continuity in the team from pre-construction to construction so our customers have consistency throughout the entire process.
PRAVO Construction的外部链接
2028 E Cesar Chavez St
US,Texas,Austin,78702
The Norwood Tower_Suite 600 | 3,462 SF | Office ??114 West 7th St. Austin, TX 78701 Architect: Studio Works Broker: ECR
Austin's CRE market is evolving. How is it impacting your business? Our latest analysis of net absorption and asking rent trends over the past 8 quarters highlights key shifts in the office market: Net Absorption Trends: ? Austin saw significant negative absorption in Q1 & Q2 2023, reflecting high vacancy rates. ? Q4 2023 rebounded strongly with +439K sq. ft. absorbed, signaling market recovery. ? Despite some dips in 2024, Q4 2024 saw a resurgence of +376K sq. ft. occupied space. Office Lease Rates Are Rising: ? Asking rents steadily climbed from $40.44/sq. ft. (Q1 2023) → $42.94/sq. ft. (Q4 2024). ? Demand for prime office spaces continues, even as companies adjust to hybrid work trends. What This Means for You: ? Tenants: Now might be the time to lock in rates before they climb higher. ? Investors & Developers: Adaptive reuse and strategic leasing can turn vacancies into opportunities.
What a fantastic evening at Real Estate Council of Austin (RECA)'s Knock Out Night! From the great company at our Pre-Party with LSI to some exciting bouts, we’re grateful to have connected with so many industry leaders and friends. A huge thank you to everyone who stopped by The Corner Restaurant to kick off the night with us! Until next year...
Final photos coming soon... #CriquetShirts #ATX #ComingSoon
Join us next Thursday at the Corner Restaurant for the Havana Nights Pre-Party. Hosted by Pravo and LSI, it's the perfect kickoff before Real Estate Council of Austin (RECA)'s big Knock Out Night! ?? Corner Restaurant | J.W. Marriott ?? 5:30 PM – 7:00 PM
We are excited to announce the recent grand opening of the Jupiter Supper Club at 718 Congress! CPM Texas proudly served as the Owner's Representative for this project, which involved the complete interior demolition and renovation of the historic Townsend building on Congress Avenue. The result is a stunning two-level dining and entertainment space. Notable features include two kitchens, a skylight glazing system, a video room, a bar, and a studio/stage. When the photos resemble the renderings, you know it's a job well done! Architect: Hubnik Architecture, Inc. Civil Engineer: Trine Engineering MEP Engineer: Bacorn Bros Structural Engineer: FORT Structures Interior Designer: AvroKO FF&E: P360 Concepts Food-Service: Mathew Peters Low Voltage: Evergreen Innovation Group (EIG), LLC Audio-Visual: Ford Audio-Video Contractor: PRAVO Construction CPM Texas Team: S. Austin Streifert and Christian Dowell
Pravo Construction and LSI are hosting a Havana Nights Pre-Party ahead of Real Estate Council of Austin (RECA)'s K.O. Night 2025! Located conveniently in the same venue as the Knock Out Night event, this pre-party is the perfect way to kick off the evening with some drinks and appetizers. ?? Date: February 20, 2025 ?? Time: 5:30 PM – 7:00 PM ?? Location: Corner Restaurant, J.W. Marriott, Austin RSVP now to secure your place: https://lnkd.in/g9rfDRt6
Next phase is underway at Westlake Country Club. After completing their fitness center remodel last year, we’re now transforming the clubhouse and its dining areas. Swipe through for a look at what’s ahead! #commercialconstruction #westlakecc #countryclub #golf #AustinTX