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But this is all a dream lmao :shrug: |
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I agree that our future professional sports teams all seem destined for the domain area. |
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Anyway it probably doesn't happen just because this site will get developed by something more profitable first.. Hence why I think the domain area is more likely for a stadium. |
I think a ballpark would be great off of Cesar Chavez. Like somewhere where Austin Pets Alive is right now. I think that would work.
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I mean, its an MLB stadium - so about 20K folks for a game, big games or weekend games would push closer to 50K. Its easily something downtown can absorb as it absorbs much more than that on a typical non-covid workday.
Hell, its probably not far off how many people are downtown to party on the weekends and obviously a fraction of what UT football does. I think the issue will be more that the land its on is super valuable *and* the Domain is the center of the population of the metro area. I also don't mind the Domain/North Burnet turning into an area with sporting events and mixed use development. Especially if we get a lot of walkable land around the stadium like we're going to get once Verde Square is up and going. Anyway this is all off-topic. I am *extremely* excited for the South Shore development. It will hopefully bring good street use and pedestrian access that can work as an extension of SoCo and downtown and spur a lot of infill development between the heart of SoCo and make it more walkable to downtown especially with light-rail coming in. |
I remember reading in a posting here the Ryans are working on bringing an MLB team here and scouting land near the Domain. Long term process though but getting the land now would a good thing.
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Yes, this is totally off topic at this point but does anyone know if there’s redevelopment chatter around the Barton Creek Square mall site. That would be the absolute BEST site for a stadium: panoramic views of downtown from every seat. |
It funny I emailed Simon and told them they should start over with that mail and make it outdoors like the domain to take advantage of the views. They responded and said I should check out the updates they have done inside. Lol
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https://batteryatl.com/ https://www.alsd.com/content/battery...nt-and-revenue https://www.alsd.com/sites/default/f...%20Atlanta.jpg https://atlanta.cbslocal.com/wp-cont...4&h=576&crop=1 |
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Would go a long way to giving the area personality beyond simon malls. |
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I would honestly prefer the A's to move to Austin instead of Las Vegas. The team doesn't have to travel that much since their division rivals are the Rangers and Astros haha
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Hope y'all share your thoughts with Planning Commission https://austintexas.granicus.com/boa...a392f100751dbe They are a bit more of a NIMBY-curious group than is ideal but currently they are largely hearing from owners of expensive single family zoned homes saying silly things like “needs more parking” (as though 4,000 stalls with a Blue Line station on the site isn’t enough…) and “too tall” (dumb). The city can require shorter buildings that chew up more land leaving less space for parks or go vertical—let’s go vertical and maximize tax base and generate transit ridership! We’ll also hear more about Affordable (subsidized) housing here but this form of construction does not lend itself to be Affordable. HOA fees on even a small place in a well-amenitized building can run $400+/month and can adjust upward at any time. We can't water this thing down to appease folks who just want to drive their single-occupant vehicle around as easily as possible. This is a once in a century opportunity for Austin--let's get it right!
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This is up for a vote at tomorrow's Planning Commission meeting. There are a few backup files, but no new info for those who have been following this.
https://www.austintexas.gov/citycler...tings/40_1.htm |
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Also: did we know that almost 100% of onsite parking will be underground? I for one did not. |
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This is awesome; I really hope this project happens
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I kinda wish this development extended towards Riverside. Looks like it ends right where the Firestone is right now. That corner is depressing.
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hilarious at :11 into the video they show a screen shot of the street with about 30 people (including a mother with a stroller) walking in the middle of the street with one car parked on the side. a shot that will literally never happen in real life.
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Time to get the next tranch of development kickstarted, yo. |
It is my understanding that the State of Texas does not own the TXDOT South Shore Campus. Instead, it is (was) a long-term lessee.
TCAD Info: https://stage.travis.prodigycad.com/...-detail/190741 Information about Current Owner: https://opencorporates.com/companies/us_tx/0802208459 |
SOM features this project on their website now:
https://www.som.com/projects/305-south-congress-avenue/ |
The CC approved the zoning change.
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The blue line bridge will have a pedestrian path along with the rail, right? I mean, imagine all of this connecting over to 98 RR and Rainey. Going to really reorient downtown.
https://i.imgur.com/yIF5woC.png https://i.imgur.com/r8FNM67.jpg |
The news of the CC approving the zoning change really softened the blow of the Project Connect estimates doubling
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There's a lot of grumbling about the fact that these towers will have only 4% affordable housing units.
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I'm sure it's been discussed but this is the worst intersection I've ever seen. It's giving me heartburn just looking at it.
https://i.imgur.com/LnzM8DS.png |
It’s really only a slightly janky 4 way stop. It’s harder for peds, tbh.
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I'm more concerned about the road fading into the rail line and apartment building in the lower left corner than the intersection itself...:sly:
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@The ATX, there are sources for incorporating affordable housing. If the cost were truly a barrier the Developer could have asked Austin HFC to provide gap financing on a unit basis. The Developer could have asked city council to provide some sort of property tax abatement (especially for 49/51 Workforce housing). They could have asked for more height. Limiting the number of affordable housing units is about keeping people out.
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Choosing to ascribe evil or nefarious motivations to literally everything is one of the internet’s worst personal habits.
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I'm all for affordable housing. Instead of bashing developers, maybe citizens should push the city more?!? Hasn't Austin passed several hundred million dollars in affordable housing bonds over the past decade? If so, what is the city doing with it? Just curious. |
Austin at Large: Storms Along the Waterfront
How much should the city invest in the Statesman PUD? Zero, or $400 million? https://www.austinchronicle.com/news...he-waterfront/ And now we're back at 305 S. Congress, the former home of the Austin American-Statesman, the place we used to call the Batcave. This 13-acre site's owners – the profoundly wealthy Cox family of Atlanta, which sold the paper itself in 2018 – have partnered with Endeavor Real Estate Group to create a $2 billion-ish redevelopment (now referred to as the Statesman PUD, for planned unit development) should the city agree. Back in April, Planning Commission and Council did agree – the latter on first reading – but with lots of amendments and heavy community pressure on Endeavor and its agent, Richard Suttle, to do better, mostly on affordability. Endeavor may indeed do better; Suttle has hinted the developer may buy up existing apartments in the South Central Waterfront district and make those affordable, so it can sell the posh condos it plans for the Batcave for top dollar. But Endeavor's response to community pressure so far has been to plead for city funding to help it deliver community benefits, because without it their plan to maximize the property values at the Statesman site (and the future tax revenue to the city) doesn't pencil out right now, at the top of the market and with construction prices and timelines growing like weeds. Let's Ask the Consultants Back in 2020, the city paid ECONorthwest, a Portland firm with a good reputation in affordable housing circles, to test Endeavor's claims that this very expensive dirt at a focal point of Austin culture – where Downtown meets SoCo – is not feasible to build out without city assistance. They said it checked out, to the tune of $140 million or so, which ECONorthwest thought could be resolved as market conditions improved (remember, this was six months into COVID). Well, they sure have improved! So at the April 7 meeting, Council asked for an update of this study to price out the Statesman PUD, with all the community benefits offered and required so far, plus the six proposed amendments that had a price tag. The Housing & Planning Department went to its go-to consultant, Economic & Planning Systems of Oakland, who's been working with the city on deals like this in Austin since the 1990s. And guess what they found? In a 23-page memo drafted earlier this month, EPS says the financing gap has grown, not shrunk, as construction costs have inflated; the unmet portion of the price tag is now between $238 million and $400 million. The three amendments asking for infrastructure – mostly extending Barton Springs Road into the site, which is also the southern end of Project Connect's Blue Line Bridge – price out to $28.7 million. And the affordable housing demands widen the gap further; the most expensive of these, imposed at first reading by Council Member Kathie Tovo, will cost an additional $266 million. Are you thinking, "WTF? Is this thing going to be built of pure gold? What could possibly justify the city taking a whole housing bond's worth of spending off a rich developer's hands? And how is it possible that a 3.6 million-square-foot project – that's about 6.5 Frost Bank Towers – in Austin, right on the lake, right now, cannot pay for itself?" But you also may be thinking, "That sounds really cool! It's on the Blue Line? How long before I can live there?" I Say: ¿Por Qué No los Dos? Remember that part of the problem – which I wrote about earlier this year – is that the South Central Waterfront was never properly platted or supplied with utilities, drainage, internal roads, and so forth; it was all floodplain until Longhorn Dam was built in 1962, and nobody really knows what lurks under the Batcave's parking lagoon. That means money needs to be spent just to bring things up to code, so to speak. Overlaid on that are the projects included in the South Central Waterfront community visioning plan adopted by the city in 2016. It would not be weird for the city to pay for some of this; that's why PUD zoning cases are all negotiations, all dealmaking. Late last year, the city planted the seeds of a fledgling public-private partnership, formally establishing a tax increment financing district for the South Central Waterfront, but setting the increment at 0% (it can change it at any time). That's the percentage of tax revenue generated within the SCW that would be set aside to cover the cost of the city's share of the infrastructure, rather than flowing into the General Fund. This is what the city did at Mueller and at Seaholm – the latter of which is comparable in area, if not scale, to the Statesman PUD – but it owned those properties. Again, rich people own the Batcave who could afford to cover the nine-digit gap between Endeavor's financing and the city's demands. Suttle argues that the rest of the tax revenue from the Statesman PUD, beyond the increment, will be as high as it possibly could be, and not subject to state-imposed revenue caps, and that alone should be worth some city skin in the game. On the other side, Save Our Springs Alliance leader Bill Bunch, in a letter to the Austin Monitor that he shared with the Chronicle, calls the EPS analysis "absurd" and "worthless," adding, "Its whole premise – that the most high dollar real-estate in [Texas] somehow just can't make a profit without taxpayer handouts is ridiculous." Perhaps they are both correct? We'll see what Council decides. |
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