Urbanspace
- Company typePrivate
- Founded2000
- HeadquartersAustin, United States
- Headcount51–100
- GTM typeB2B and B2C
- OfferingServices
Urbanspace firmographics
Firmographics- Name
- Urbanspace
- Legal name
- Urbanspace, LLC
- Website
- https://urbanspacerealtors.com
- Company type
- Private
- Founded year
- 2000
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
Where Urbanspace is headquartered
LocationHeadquarters
- HQ city
- Austin
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Urbanspace business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Supply Chain, Others
Revenue model
- Real Estate Brokerage Commissions: Traditional real estate commission-based revenue from buying, selling, and leasing residential and commercial properties in the Austin metro area. The company represents buyers and sellers in downtown Austin condos, modern homes, and commercial real estate transactions.
- Development Project Sales & Marketing: Urbanspace serves as exclusive sales and marketing agent for new development projects including high-rise condominium towers. They earn commissions on pre-sales and closings for projects like The Modern Austin Residences, Luminary, and 44 East Ave.
- Hospitality Ventures: Urbanspace has expanded into the hospitality space with restaurants and bars including Modern Bar, Codependent coffee + cocktails, Bacalar Mexican restaurant, and Tomalo taco shop. These operate in properties they develop or manage.
- Interior Design Services: In-house interior design services provided through Urbanspace Interiors, offering design services for clients and for properties they develop.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Multi-year contract | Real estate brokerage services - commission-based |
| Unit Pricing | Multi-year contract | Luxury condominium units at The Modern Austin Residences |
| Unit Pricing | Multi-year contract | Luminary residential tower - sales starting soon |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels6 records
Urbanspace product offering
Product offeringCore offering
Urbanspace is an Austin-based real estate company that provides full-service brokerage for residential and commercial properties in downtown Austin and the urban core, including buying, selling, leasing, and private listings. The company also develops and markets luxury condominium projects, offers in-house interior design services with a modern furniture showroom, and operates hospitality venues including restaurants and bars located within its developed properties.
Product overview
Urbanspace is a diversified Austin-based real estate company offering a portfolio of integrated services spanning brokerage, development, and hospitality. The core offering is the Urbanspace Real Estate + Interiors brokerage platform, which provides residential and commercial real estate services alongside interior design and furniture retail through the Urbanspace Interiors sub-brand. Complementing the brokerage is the Urbanspace Development arm, which develops and sells residential condominium projects including The Modern Austin Residences (56-story, 346 units), 44 East Ave, and Luminary (35-story tower). The company also operates a hospitality vertical including Modern Bar, Bacalar restaurant, Tómalo Latin-inspired restaurant and agave lounge, and Codependent Cocktails + Coffee. All these offerings are unified under the Urbanspace brand with shared focus on modern urban living in downtown Austin.
Differentiator
Problem solved
Functional benefit
Products and services
- Urbanspace Real Estate + Interiors Brokerage Full-service real estate brokerage serving buyers, sellers, and tenants seeking residential and commercial properties in downtown Austin, including luxury condos, modern homes, penthouses, and commercial spaces.
- Urbanspace Development
Quantifiable outcome
- Over 200 closings in 2022
- +2 more outcomes
Companies that use Urbanspace
Customer profileNamed customers6 records
Segments5 records
Ideal customer profiles4 records
Urbanspace technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Urbanspace partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered minor and core.
- The Long Center CollectiveminorThe Long Center Collective hosted an event at The Modern Austin Residences penthouse on February 18th. The partnership brings arts and community events to Urbanspace properties.
- The Trail ConservancyminorThe Trail Conservancy hosts events like Music on the Trail and the Mile Marker celebration along the Butler Hike-and-Bike Trail near Rainey Street. Urbanspace promotes these community events as part of neighborhood lifestyle content.
- Northland LivingcoreNorthland Living is the developer of Luminary, a 35-story residential tower in northwest downtown Austin. Urbanspace serves as exclusive sales and marketing agent for the project.
- Intracorp Projects LtdcoreIntracorp Projects Ltd is the developer of 44 East Ave, a new condominium tower on the edge of Lady Bird Lake. Urbanspace oversees condominium sales for the project and partnered with Top Chef winner Gabe Erales to open Bacalar restaurant at the ground level.
- FlintcocoreFlintco is the general contractor for 44 East Ave and The Modern Austin Residences projects. They are a major construction firm executing the development projects.
- Gabe Erales (Top Chef Winner)coreTop Chef winner Gabe Erales is executive chef and co-owner of Bacalar Mexican-inspired restaurant and Tomalo taco shop. He partnered with Urbanspace Hospitality to open these venues at 44 East Ave Residences.
- Page (Architect)corePage serves as architect of record for The Modern Austin Residences and as both architect and interior architect for Luminary. They are a key design partner on major development projects.
- Nelsen PartnerscoreNelsen Partners serves as design architect for The Modern Austin Residences 56-story tower project, working with Urbanspace on the development.
- Bridget DunlapminorBridget Dunlap, owner of Container Bar, Clive Bar, and Lustre Pearl, signed on to run an entertainment space in the basement of The Modern Austin Residences development.
Scale indicators7 records
Recent moves8 records
Expansion highlights4 records
Urbanspace competitors and assessment
Company assessmentDirect peers
- Engel & Völkers: International luxury real estate franchise with a strong focus on premium urban properties and new-construction sales. Comparable focus on high-net-worth buyers, exclusive developer mandates, and a brokerage + lifestyle-oriented brand.
- The Agency: Luxury-focused real estate brokerage built around a lifestyle brand with hospitality-adjacent marketing and full-service broker model. Mirrors Urbanspace's brokerage + lifestyle + new-development representation mix in luxury urban markets.
- Compass: National tech-enabled luxury real estate brokerage that has aggressively expanded into Austin and Texas luxury segments. Directly competes for high-end listings, agent recruitment, and developer mandates in downtown Austin — the same addressable market as Urbanspace.
- Sotheby's International Realty: Global luxury real estate brand with affiliated brokerages active in Austin's high-rise condo and luxury home market. Closely aligned target customer (affluent urban buyers), brand positioning (premium), and exclusive listing model make it Urbanspace's most direct luxury competitor.
Emerging players
- Redfin: Tech-forward national brokerage expanding into Texas with a lower-commission, technology-driven model. Indirect competitor for listings and developer mandates, though different positioning than Urbanspace's luxury white-glove focus.
- eXp Realty: Cloud-based brokerage model rapidly recruiting agents into Austin and Texas. Operates with a different cost structure but competes for agent talent and high-end listing inventory in Urbanspace's downtown territory.
Broad incumbents
- Better Homes and Gardens Real Estate: National real estate franchise that competes for both mainstream and luxury representation in Austin. Broader portfolio than Urbanspace but overlapping agent-recruitment and high-end listing competition.
- Berkshire Hathaway HomeServices: National brokerage franchise with a luxury division and significant presence across Texas. Competes at the upper end of the market with broader consumer reach than a regional specialist like Urbanspace.
- Coldwell Banker: Established national brokerage with luxury and international affiliations and active Austin operations. Competitor across multiple price tiers including the downtown luxury segment.
- Keller Williams Luxury (KW Luxury): Texas-headquartered mega-brokerage with a dedicated luxury division serving luxury condo and high-end home markets in Austin. Operates across price tiers but overlaps directly with Urbanspace's high-end downtown segment.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Urbanspace social profiles
Digital presenceUrbanspace financial estimates
Financial estimateRevenue estimate
Valuation estimate
Urbanspace leadership team
Management profileNumber of profiles
Profiles2 records
Urbanspace subsidiaries and ownership
Company hierarchySubsidiaries3 records
Urbanspace funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Urbanspace M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Urbanspace
What does Urbanspace do?
Urbanspace is an Austin-based real estate company that provides full-service brokerage for residential and commercial properties in downtown Austin and the urban core, including buying, selling, leasing, and private listings. The company also develops and markets luxury condominium projects, offers in-house interior design services with a modern furniture showroom, and operates hospitality venues including restaurants and bars located within its developed properties.
Is Urbanspace a public or private company?
Urbanspace is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Urbanspace founded?
Urbanspace was founded in 2000. It employs 51 to 100 people.
Where is Urbanspace based?
Urbanspace is headquartered in Austin, United States, in the North America region.
How does Urbanspace make money?
Four revenue lines are on record. Real Estate Brokerage Commissions are the primary driver. The others are development Project Sales & Marketing, hospitality Ventures and interior Design Services.
Who are Urbanspace's main competitors?
Direct peers on record are Engel & Völkers, The Agency, Compass and Sotheby's International Realty. Emerging players are Redfin and eXp Realty. Broad incumbents are Better Homes and Gardens Real Estate, Berkshire Hathaway HomeServices, Coldwell Banker and Keller Williams Luxury (KW Luxury).
Does Urbanspace have an API?
No public API is recorded for Urbanspace.