AUSTIN | Projects & Construction III - Page 230

Dariusb · #1 Posted **Nov 30, 2019, 5:28 PM**

Quote:

Originally Posted by IluvATX

I used to live in the treed area on the bottom left. My mom grew up in that same area. It is called Travis Heights. It used to be pretty middle class and suburban, but now has gentrified to the point to where when I move back, it’ll be hard to afford this area. I think the lots now are starting at about $500 k with a hundred year old run down house. They are now demoing those houses to build million dollar houses, thus gentrification.

Yeah that's the downside of gentrification. The increased expense and the pricing out of former residents. I wouldn't be surprised to see highrises start popping up on the other side of the river. That is if it hasn't started happening already.

IluvATX · #2 Posted **Nov 30, 2019, 5:32 PM**

Quote:

Originally Posted by Dariusb

Yeah that's the downside of gentrification. The increased expense and the pricing out of former residents. I wouldn't be surprised to see highrises start popping up on the other side of the river. That is if it hasn't started happening already.

The area on the middle left is slated for a huge makeover involving towers, but I think the neighborhood will remain the same.

427MM · #3 Posted **Dec 1, 2019, 9:23 PM**

Quote:

Originally Posted by IluvATX

I used to live in the treed area on the bottom left. My mom grew up in that same area. It is called Travis Heights. It used to be pretty middle class and suburban, but now has gentrified to the point to where when I move back, it’ll be hard to afford this area. I think the lots now are starting at about $500 k with a hundred year old run down house. They are now demoing those houses to build million dollar houses, thus gentrification.

This is also a direct result of development under a 35 year old land use code. We're trying to update it to allow for more/smaller housing but NIMBYs... To protect single family zoning from change directly next to a thriving downtown makes as much sense as a bag of hair. Such zoning in the urban core now averages over $500k and is climbing fast. New construction is often $1,000,000+. Knock on wood we allow for responsible land use starting sometime in 2020.

AviationGuy · #4 Posted **Dec 2, 2019, 2:39 AM**

Quote:

Originally Posted by IluvATX

I used to live in the treed area on the bottom left. My mom grew up in that same area. It is called Travis Heights. It used to be pretty middle class and suburban, but now has gentrified to the point to where when I move back, it’ll be hard to afford this area. I think the lots now are starting at about $500 k with a hundred year old run down house. They are now demoing those houses to build million dollar houses, thus gentrification.

I live in Allandale (north central). In the last year, more of the 50-60 year old homes are coming down and being replaced. The first houses to come down are the ones that would cost too much to repair or upgrade. There's a home on my street that came down a couple of weeks ago. My realtor friend told me that the piping under the house had leaked and pretty much ruined the house. So a developer paid the owner about $470K for a house that couldn't be repaired. The home that will replace it will be on the market for $1.3 M. There's a similar one on the street behind me, and there's a street a few blocks from me where there have been four tear-downs. The homes in Allandale that are in good shape are going for astronomical prices, even those that haven't been updated. It's all location. We're now considered central. The Anderson Lane/Burnet commercial districts are very close and have just about everything. My understanding is that Crestview is even more expensive.

dc_denizen · #5 Posted **Dec 1, 2019, 2:37 AM**

The new skyscraper architecture in say downtown Brooklyn is hideous for the most part

Also

432 park - the big stick
Weird super tall skinny buildings
Multicolored buildings
Etc

Just too much out-there architecture

I much prefer the new towers in Chicago or Austin

JAYNYC · #6 Posted **Dec 1, 2019, 7:49 AM**

Quote:

Originally Posted by dc_denizen

The new skyscraper architecture in say downtown Brooklyn is hideous for the most part

Also

432 park - the big stick
Weird super tall skinny buildings
Multicolored buildings
Etc

Just too much out-there architecture

I much prefer the new towers in Chicago or Austin

I love how you selectively left out Hudson Yards - which alone blows everything happening in Austin - as well as the numerous other non-skinny towers sprouting up all over Manhattan, Queens, Brooklyn and Jersey City.

But yeah - YAY AUSTIN!

The ATX · #7 Posted **Dec 1, 2019, 10:38 AM**

This thread has taken a strange turn. It's the Austin projects compilation thread, not a NYC vs Austin thread. Comparing a Metro of over 20 million to one of 2.2 million is ridiculous. Future posts related to NYC will be deleted.

The Best Forumer · #8 Posted **Dec 2, 2019, 2:15 PM**

looks good!

GoldenBoot · #9 Posted **Dec 3, 2019, 10:25 PM**

You can add another 500+ footer to that list with today's discovery of how big the new River Street Hotel & Market project is planned to be...46 stories and roughly 611,500 SF.

ATXboom · #10 Posted **Dec 3, 2019, 11:28 PM**

Quote:

Originally Posted by GoldenBoot

You can add another 500+ footer to that list with today's discovery of how big the new River Street Hotel & Market project is planned to be...46 stories and roughly 611,500 SF.

Expect that it will be +600'

N90 · #11 Posted **Dec 4, 2019, 12:36 AM**

Quote:

Originally Posted by ATXboom

Expect that it will be +600'

It's condo/hotel.

If each floor is 10-12 feet then 46x12 = 552 feet. It won't crack 600 feet, if it was an office building, which have 15 foot floors, then it would have crossed 600 feet. But because it's condo/hotel, above 500 feet is the best you can expect from it. Not that 500 feet is a bad thing, just 9 years ago Austin would be clamoring for buildings of this height but the current boom has no doubt raised everyone's expectations.

ATXboom · #12 Posted **Dec 4, 2019, 2:52 AM**

Quote:

Originally Posted by N90

It's condo/hotel.

If each floor is 10-12 feet then 46x12 = 552 feet. It won't crack 600 feet, if it was an office building, which have 15 foot floors, then it would have crossed 600 feet. But because it's condo/hotel, above 500 feet is the best you can expect from it. Not that 500 feet is a bad thing, just 9 years ago Austin would be clamoring for buildings of this height but the current boom has no doubt raised everyone's expectations.

+Market. Watch the ground floors height.