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  • Answers - Evaluating The Different Options Available For Downtown Austin Condos

    Downtown Austin is growing faster than ever. Well, maybe not ever, but more than in the last 14 years I have lived here. The city council and the community in gereral is pushing for growing the downtown into a live-work area with high density, shops downs
    According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product
    tairs, and living upstairs. The term is "multi-use" and it is pretty much pretty much the montra for Austin real estate. There are 10+ condo projects going up in the next couple years that cater to the different appeals of living in downtown Austin.

    A co
    ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

    Examples of combination products may in
    uple condos are situated at the turn of the river in downtown Austin, taking advantage of views down the river. The first time I saw the views, I was pretty surprised. You can see all the way down the river from the Congress bridge, past the Lamar Bridge,
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    and past downtown. One nice aspect about these places is that there is not much chance of anything being built in the way of the river view since you are at the bend. The two places are called The Milago and The Shores. The Milago is right at the bend o
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    f the river with only the Town Lake Trail between it and the water. If you want protected river views, The Milago is pretty much it. Also, to get any views, you need to be above the trees and that is at about the 6th floor as well as on the west side of t
    d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

    Combination pro
    he building; the east side of the building pretty much has nothing interesting right now. The Shores has a similar view corridor down the river and to the west and is a little more north of the Milago. It has the Mexican-American cultural center being bui
    ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc
    lt in front of it and has a low-rise, older townhome project that poses no threat as of now to block the view. This building is not as rectangular as The Milago so more of the units have some sort of view, whether it be the river or downtown.

    Moving on to
    easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi
    a another downtown Austin condo sector. Some hotels are renovating the top floors of their places or building new high-rises next-door to accomodate those who want more high-end services associated with hotels. They will have room service available, work
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    out facilities, concierge, and whatnot. The Hilton probably has the most upper end units right now called the Five Fifty Five. To name a couple slick attributes, they feature wolf ovens, wood floors, 24hr. concierge & security, and walls of windows viewi
    and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ
    ng Austin downtown. They have a couple penthouses left.

    The other downtown Austin aspect of living that some condos will be banking on is the trend to live near walkable shops and restaurants. Clarksville is a neighborhood thriving around some shops and
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    estaurants on West Lynn as well as the 6th & Lamar area. It is probably the closest actual neighborhood (meaning houses too) to downtown to the west. There's a local shop to walk to on West Lynn, and if you want more of a supermarket, the Whole Foods moth
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    ership headquarters complete with ice rink is at the corner of 6th & Lamar along with REI, Waterloo Records, Amys Ice Cream, and other fun stuff. The Nokonah is right there in the midst of all that. It was built in 2001, so it is all resale at this point,
    dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    but a good location with concierge and security.

    And of course, people just want to live by cool areas. Austin's South Congress is known for probably being the hippest street in Austin. It is so cool it has been abbreviated to be called SoCo. A couple
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    different condo projects are popping up around that area. Most are the loft, slick style that blends with the SoCo area. One is practically the neighbor of a popular restaurant and club. It's a smaller condo project at only 14 units available and startin
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    g at 380K. A larger condo projects is being developed further down south called the SoCo Lofts. These will have bamboo floors and stainless appliances. They will not really be walkable to the SoCo shopping area but will be creating its own multi-use shop
    t?

    As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel
    ping, retail, and restaurants. Since they are a little more south from the saught-after SoCo strip of shops, they are a more affordable option, starting at 225K for a 1-1.

    Another area in the south that is trying to model itself after SoCo is being coined
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust
    as SoLa, or South Lamar. SoLa is parallel to SoCo and about 2 main streets west. It is not as dense with shops but city plans are in the works to rezone almost everything along the street between the river south to 71 to be multi-use. It could be pretty
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    cool and much more expansive than the current SoCo. There are various condos planned to take advantage of the new SoLa. One is just south of the river called The Magnolia. They've already begun construction and are moving fast, targeting completion by J
    .

    As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de
    uly 2008. The funny story behind this location is that it used to be a Wendy's.

    It will be interesting to watch Austin develop over the next several years. There are a number of downtown Austin Condos but the new ones that are coming online should widen
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    the selection for people interested in living downtown. Additionally, the increased density should allow for more small shops and businesses to set up shop downtown which will hopefully make downtown a more walkable interesting location for years to come


    tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

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