Do we know if that project is student housing?

The City of Austin link says multi-family, so I'd guess it's apartments.

6th and Congress! WHAT THE HELL!!??
 

This is a joke right? A six story building at 6th and congress? I just threw up in my mouth.... These people should be flogged in the town square that they ruined with a six story building.:hell::hell::hell::hell::hell::hell::hell::hell::hell::hell::hell::hell::hell::hell::hell::hell::hell::hell::hell::hell::hell:

Yeah, just about anything is better than what's there now, but this is an incredibly boring building.

http://i.imgur.com/pJv4Ew5.jpg

I agree with ahealy. Street-level is most important. If they get that right, I won't be so pissed. It's an upgrade over the status quo even though that property has WAY more potential.

I mean, what are these people thinking? "The Main Street of Texas? The most vibrant street in the city of Austin? I know! Let's build a featureless, boxy five-story office building! Brilliant!"

How come Texas never does anything with a splash? Being one of the States with the best economies you'd think they'd toot their horns just a bit when given the opportunity. I don't get it.

I guess there's a silver lining, though:

Also, this:

And this:

So it sounds like this isn't a long-term plan for the site. They said this will be completed by June 14th of next year, so it sounds like they're just trying to jump into the market and meet some of the demand ASAP. Whatever high-rise is built in the future will "need" the accompanying parking garage, so they would likely only tear down the office building in that scenario.

Exactly what I pointed out in the other thread this is being discussed. They aren't building a 5 story structure. They are just renovating it. They're not putting much money into it, so it's not going to be something they'll balk at tearing down when the right proposal comes along. The other parcel is also something I mentioned. The sky is not falling yet.

The garage with the retail space they are rebuilding is that the one on 6th? If so isn't there already lot more than 5k retail on the bottom of that? Won't this be decreasing the retail on 6th?

The garage that there going to rebuild will be replacing that ugly 3 story garage on 5th.

Say "Good-bye" to a ~800' tower on that site. Only shot (in this area of downtown) for this to happen is the site at 5th & Brazos, which Stream intends to sell.

Hope Stacey made a nice profit!

I'm a bit sick about the sale to Stream. There were other national developers in the loop. However, it's obvious that Stream offered the highest purchase price.

Wasn't it Stream that was dropped from the Seaholm development?

YES... they haven't proven they can do anything. Couldn't lease seaholm... but they can lease this place?

Re: Stream
 

No. It's the other way around. CIM, the equity partner that Southwest Strategies brought into the deal, hired Stream as a commercial broker because they were concerned about Southwest Strategies ability to secure tenants.

Has anyone heard any more about the (Westin?) hotel that supposed to go up on 5th and San Jacinto?

I emailed someone with the developer asking for the building heights last month. He told me they are still in the early stages of design, and asked me to contact him again in a few months.

Someone on the forum had noticed the lot was barricaded a while back. The person I spoke to said it was because they didn't have a parking permit for the property. I did notice during SXSW that there were some big trucks parked there, so I guess they got their parking permit done before SXSW.

Hey Kev, can you send me the email....or email em'back and encourage A BETTER DESIGN! ....and LEED certification ;)

You get on 'um Mr. AHealy"! I'll be right behind ya!

This development looks like a temporary endeavor.

My guess is they think the property is worth something long term, either for themselves or someone else and want to sell it.

In the meantime, throw up something relatively cheap to build and get some income on the property while you wait to do something else with it.

That said, I would prefer they build a nice base structure that could support a 800-1000 foot tower, giving themselves flexibility in the future to build on top of the base. Similar to what is going on at 3WTC now.

That said, this is a much cheaper short-term investment, and it may be that they want to sell the site in the future to someone else.

I bet you are.

Hahaha, it turned into Friday night at Rain real quick, lol.

More like friday night at Chain Drive.... (my favorite dive bar). :cheers:

( :cheers: )

AMIRIGHTTTT?!

We should have a forum meet up there.

Progress of The Tree

http://farm9.staticflickr.com/8101/8...aa1e0430_b.jpg

https://m.facebook.com/LiveAtTree?__user=1145904752

They are really moving along. Can't wait to get up on top of that garage.

Me, too. I have a feeling that's going to be a favorite spot of mine to take photos from.

Crane is up for the Hanover project on South Lamar.

Forgot to post this. Massive solar panel installation happening at The Palmer. They aren't even finished. I hope to see more solar/wind power included in high rise projects over the next few years. :D:D:D

http://i1342.photobucket.com/albums/...ps87d2491e.jpg

The Urban Land Institute is holding their annual development forum in April. Below is the emailer they sent out Friday night. All of the commercial real estate developers get together and show off what they have in the pipeline for development. They bring marketing materials, scale models and other types of presentations, and you can talk to the various developers and ask questions. It's a really interesting showcase. The firm I work for has a booth at the showcase every year, as do most of the other firms in town. The cost to attend is $35 for ULI members and $50 for non-members. If that's too steep for you, both the Statesman and the Biz Journal do a recap story the next day with renderings and details, so there will be an interesting news article(s) about it afterward.

http://i1072.photobucket.com/albums/...ps10f93e9c.jpg

REGISTER

http://austin.uli.org/event/4th-annu...n-marketplace/

I've never been there before. The name alone scares me and makes me think of leather and whips with chains hanging everywhere. So yea Id be afraid to have a forum meet there :runaway:

^Hahahaha

Leather and whips with chains make the world go around.

Edit: Delete

Keeping this thread weird. :P The Austin thread is the coolest one out of all of them hahahaha

B'duhhh ;) and Jdawgboy is just frontin. I've seen her out n' about. MichaelB....back me up.

I took a few phone pics on Sunday as we walked around the lake.

Skyhouse:

http://farm9.staticflickr.com/8505/8...8acfa8b5_b.jpg

http://farm9.staticflickr.com/8524/8...0056ae42_b.jpg

http://farm9.staticflickr.com/8379/8...2b944045_b.jpg


Waller Creek Outlet:

http://farm9.staticflickr.com/8526/8...82384a18_b.jpg

http://farm9.staticflickr.com/8372/8...34bc95ff_b.jpg

http://farm9.staticflickr.com/8110/8...79516d35_c.jpg


The Big Marriott:

http://farm9.staticflickr.com/8230/8...1c63cbc8_b.jpg

Um, Last time I 'Backed you up" is how all this started!

But, yeah, he's trying to be all innocent. BS called!

Jdawgboy has size issues anyway! "Bigger, taller, bigger"!!!!! :haha:

Re: Prillar Photos! Nice shots! Havne't been able to walk for a month ! (fractured leg booo..) Wow the progress is cool to see! The shot of Skyhouse from the trail shows how the buildings around it are starting to relate. I'm not a huge fan of any of those buildings, but the density from the collection is starting to show.

It looks like the glass will pretty much be the same as what's on 360. It's crazy how reflective it is. On some days you don't even notice the building so much.

7th an Rio Grande
 

7th an Rio broke ground today. They tore up all the concrete on the site. Looks like that project is a go.

Awesome, I've been waiting to see if this project was a go or not, but glad they made the decision to move toward with it.

I've noticed that the view from Mopac (over the river) is starting to change again, with the new construction. Austin's skyline, to me, is one of the best in the country, and only getting better. Just think...less than a decade ago it was embarrassing.

Youve seen me out and about but never at Chaindrive lol.

Anywho it's about time something is happening at 7 Rio. I was not sure if anything was going to happen there.

Yes MichealB im all about taller but not necessarily bigger lol

Pretty amazing if 7Rio has indeed broke ground. How long ago was the original project announced? 7 years ago? Gotta give them credit for their tenacity, even if it isn't the same project that it was originally.

Do we know what it's going to look like? I don't remember seeing a rendering of the new design.

Very good to see projects breaking ground as planned in 2013. Plenty more to come, hopefully.

7rio
 

http://i1342.photobucket.com/albums/...ps0aa3843a.jpg
http://i1342.photobucket.com/albums/...psaf717f6e.jpg
http://i1342.photobucket.com/albums/...psec981b2c.jpg

From 2007 to 2010 I walked by that lot going into work coming out from ACC. I always wondered when and when it would break ground... better late than never I guess. haha

This could end up being a nice building. I wish there was a larger version of that rendering. I'd like to see a close up of the top. Glad to see it's moving forward. There hasn't been much development in that area of downtown, so hopefully this will give that area a little boost. That immediate area is kind of dead at times, too. Anyway, this is supposed to be 263 feet tall and have 24 floors. It'll be only a foot shorter than Austin Skyhouse.

Will these be apartments or condominiums? I'm assuming apartments.

A few years ago there was a 7Rio project plan for a 34 floor/420 foot tower. When did that change or was it something different?

http://www.austintowers.net/at/condo..._partners.html

I'm pretty sure they're the same project. The taller plan was put on hold in 2009 I think because it couldn't get funding.