Posted Sep 9, 2022, 6:01 PM
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Registered User
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Join Date: Jun 2014
Location: Austin, TX
Posts: 1,236
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Quote:
Originally Posted by migol24
Weird. From the renderings the lot looks a lot bigger. But from the Google maps birds eye view, it doesn't seem to be as big.
Also, that parking lot is used by Hyatt Regency's valet services. Not sure if that means much, just wondering if this is also owned by Hyatt.
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According to the article, the Hyatt does not own it:
Quote:
Planned just south of downtown, the 15-story tower — which is being named One Ladybird Lake — is one of two office projects proposed by Related Companies, a privately owned global real estate company that has $60 billion in assets owned or under development.
Related Companies told the American-Statesman it plans to build One Ladybird Lake on what is currently the parking lot of the Hyatt Regency Austin at 208 Barton Springs Road. Related and its partner in the project, Austin-based Christopher Investment, own the 3.3-acre site where the office building would be constructed, Related executives said.
The building would overlook Lady Bird Lake and be just steps from the Ann and Roy Butler hike-and-bike trail. The project is expected to break ground late next year, with a planned completion in late 2025.
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