[The ATX]

This project may have some push back in getting the needed 8:1 to 25:1 F.A.R. increase to move forward. This is from the Design Commission backup file:

We conclude that the project, as presented, is in substantial compliance with the
Urban Design Guidelines. However, we do have concerns that center on the
potential historic significance of the existing building. Research has indicated that
the building is considerably older than indicated by the applicant. The Historic
Preservation Office has concluded that the building is approximately 92 years old
and has a rich history. Given this, and the DAP priority, it should be made clear that
our conclusion of substantial compliance with the Urban Design Guidelines does not
advocate that we support the demolition of the existing building. We would defer
this decision to the recommendation of the Historic Landmark Commission.

And this:

There are no Community Benefits being
provided onsite. The applicant has opted to pay the fee-in-lieu. Furthermore, the
relationship of the existing building to the Warehouse District, and potential for
local historical designation, as described in the Downtown Austin Plan (DAP) is of
note. The existing building is identified as a Priority in the DAP. The Working Group
also found the lack of a detailed landscape plan made it difficult to fully envision the
streetscape. Lastly, rooftop amenities are of private use only.
We are also curious about the perceived reduction of public benefits when a Great
Streets streetscape is already in place and existing trees are to be replaced with
younger ones. A future project could potentially seek to replace more mature
streetscape trees to allow the construction staging area.

Design Commission Backup File:
http://www.austintexas.gov/edims/document.cfm?id=280776