AUSTIN | Natiivo / Austin (48 East) | 358 FEET | 33 FLOORS | T.O. - Page 8

The ATX · #**141** Posted **Jul 17, 2019, 9:46 AM**

A tower crane permit was filed Tuesday. This one doesn't have the installations dates.

https://abc.austintexas.gov/web/perm...ertyrsn=879344

mumu · #**142** Posted **Jul 24, 2019, 1:10 PM**

Based on the 198,329 "rentable" (living) square foot area (from the site plan), it appears to be $605/ft for total development cost.

https://highlandrc.com/project/48-east-avenue/

FINANCING:

Highland arranged the $87.9MM non-recourse construction loan for the 30-story, Austin condo project with a private balance-sheet lender focused on creating long-term relationships by originating, servicing and asset managing long- and short-term fixed-rate commercial real estate loans through maturity. In addition to arranging the financing, Highland was involved in sourcing a development partner to venture on the $120mm project.

The ATX · #**143** Posted **Aug 15, 2019, 6:56 PM**

Tower's latest post is about the official groundbreaking:

https://austin.towers.net/natiivo-ho...reet-district/

KevinFromTexas · #**144** Posted **Aug 21, 2019, 10:16 PM**

They have a bulldozer on site. I don't know if it was there during the groundbreaking or not, but there's one there now.

ToTheSky · #**145** Posted **Aug 21, 2019, 10:41 PM**

Quote:

Originally Posted by KevinFromTexas

They have a bulldozer on site. I don't know if it was there during the groundbreaking or not, but there's one there now.

Yay! There had been a backhoe on the lot for the groundbreaking, and when I looked at the lot this morning on my way to work I didn't even see it there, so hopefully this is a new piece of equipment and they're about to get busy!

The ATX · #**146** Posted **Aug 27, 2019, 7:44 PM**

The tower crane is currently scheduled to go up the weekend of 10/11-10/14.

https://abc.austintexas.gov/web/perm...rtyrsn=2019481

JoninATX · #**147** Posted **Sep 11, 2019, 11:08 PM**

We can assume this one a go.

JoninATX · #**148** Posted **Sep 21, 2019, 10:38 PM**

Do any of you guys have any pictures? Anxious to see if they have started site work.

urbancore · #**149** Posted **Sep 21, 2019, 10:55 PM**

I’ve driven by a couple times. They are def at work and selling quickly.

The ATX · #**150** Posted **Sep 27, 2019, 10:37 PM**

These appear to be from about a week ago:

https://www.flickr.com/photos/drl/al...h/48777761966/

The ATX · #**151** Posted **Oct 3, 2019, 7:00 AM**

Here are some new renderings from STG of the project as a Natiivo property.

This view will never be a reality since 44 East will block it.

https://www.stgdesign.com/in-progress

The ATX · #**152** Posted **Oct 8, 2019, 4:01 PM**

The tower crane installation was rescheduled for 11/12 to 11/18.

https://abc.austintexas.gov/web/perm...rtyrsn=2019481

Jdawgboy · #**153** Posted **Nov 8, 2019, 7:09 PM**

Crane base up. Can see it from 35. So yea, looks like they are pretty much ready for the rest of the crane to go up.

KevinFromTexas · #**154** Posted **Nov 10, 2019, 11:56 PM**

I saw a truck hauling some crane pieces on I-35 heading north toward downtown a little bit ago. My guess is it was for Natiivo. They were grey pieces.

The ATX · #**155** Posted **Nov 16, 2019, 12:34 AM**

The updated schedule for the tower crane installation has it for next weekend.

https://abc.austintexas.gov/web/perm...rtyrsn=2019481

We should be able to see the cranes and construction progress on both Natiivo and 44 East from the Quincy webcam.

https://app.oxblue.com/open/endeavor/redrivertower

Austin1971 · #**156** Posted **Nov 16, 2019, 5:43 PM**

L

Austin1971 · #**157** Posted **Nov 18, 2019, 6:00 PM**

B

The ATX · #**158** Posted **Nov 24, 2019, 11:27 PM**

It looks like the crane is going up based on the view from the Quincy webcam.

ATX Born · #**159** Posted **Nov 27, 2019, 8:48 PM**

11/27/19 - Work happening at Natiivo. Nothing happening at 44 East.

corvairkeith · #**160** Posted **Dec 14, 2019, 12:33 AM**