As much as I really like and respect the gentleman heading up Stone Development...he simply has not had experience in a development of this type. However, if there is someone who can overcome this deficiency, it's Guy!
Backup files have been posted for the Monday July 8 meeting. But there are no new renderings or more specific info about the tower in them which was requested by the HLC Commissioners at June's meeting. This project is also on the agenda for the July 22 meeting. But there is request on the July 22 agenda to postpone that until the August 26 meeting. So I don't know what the point of this Monday's meeting would be.
Great way to preserve history and create needed office space in the urban core. With the new revenue caps, having 1/2 a billion and growing in historic property coming off the books grows less sustainable by the day.
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How long will Austinites tolerate NIMBY politicians?
It looks like office, obviously. But I did not see any confirmation of that in the backup files. Based on the tower rendering and the building next to it, it could be close to 600'.
The ground floor is a restaurant, which is a good public use of a historic structure.
The first version had vehicle lifts to take cars up to parking levels. This version deleted them and added restaurant/Bar space. The parking has to be off site now.
The adjacent Commerica Building (or whatever it is called now) has plenty of parking. When it was built, they marketed it as having double the required parking. I'm glad they aren't building any more parking. It is already too difficult to get in and out of Downtown at rush hour.
This reminds me a lot of buildings going up in Toronto. Except there, the older masonry structure at the base is more often than not 8 or 10 stories.
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