[Jdawgboy]

I agree... It's time for Austin to step up it's game with a prominent tall office tower. That will boost our image as a major rising city on the national and global scale. The occupancy rates are there but with these smaller niche office components being added, that could push away the need for a substantial tower for the next couple of years.

I was under the impression that the Green site design is not finalized with all of the towers yet. We could still see a taller office building maybe 450 to 500 foot range.

I would look to Magellan as the next significant player. They may not be saying much right now but you can bet they want to make a visible imprint on the skyline. This is a hot hot hot market and these big companies from two of the skyscraper capitals of the world didn't take a notice in Austin for the novelty factor.

As for Fairmont, I feel 90% better about it now than at the beginning of the month and I have no doubt that the city will easily absorb the rooms. At the rate our convention and tourism sectors are growing and the fact the the JW is booked through 2020, that tells me we still desperately need rooms to keep up with the demand.

It's a race though because these companies know that sooner rather than later the need for more hotels will lessen so basically whoever starts construction first will be the big winner's. The longer these other hotel projects take to get started, the less likely they will happen as other hotel projects will beat them to it. Im referring to ZaZa mainly. As much as Id like to see this project happen what with the great location and all, we still haven't heard a tentative start date.