Posted Jun 12, 2015, 10:36 PM
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Moderator
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Join Date: Jan 2009
Location: 360, St. Edwards
Posts: 12,346
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Update: http://www.bizjournals.com/austin/pr...e-tale-of.html
Quote:
Originally Posted by HBJ
In the past five years, the company has seized high-profile sites across the city — property adjacent to Austin’s most dominant skyscraper, The Austonian condo tower, along with more vintage sites, including bars and restaurants along Sixth and Red River Streets.
The company is poised to start its first major ground-up development at 99 Trinity St.— a 38-story, 350 unit apartment tower adjacent to the Four Seasons Hotel.
During the next six months expect to see site work commence on the 99 Trinity project across from the Austin Convention Center along East Cesar Chavez Street. Paul acknowledges that there have been delays — but for good reason.
“We redesigned the project and have closely monitored the market to assess demand,” he said. “We have completed this and are moving forward full-speed ahead.”
Doucet & Associates engineering in Austin is navigating the project through the city development process.
President and CEO John Doucet said his history with World Class Capital has been productive and worthwhile — even though the 99 Trinity project has had a few bumps.
“We have worked with them for several years,” Doucet said. “All projects have challenges, but we have maintained an open and respectful relationship throughout. We have full intentions of continuing to work with them in the future.”
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