AUSTIN | Projects & Construction III

[Syndic]

Mixed-use! Apartments! Breaking ground in September! That's about as good as it gets.

[KevinFromTexas]

And office space. My first reaction was, oh no, it'll affect the Colorado & Third and Green office buildings. But the office space going in that tower will be for Endeavor's own headquarters. They were already downtown, but this is still good news. I think this tower will compliment 360 well. The two have similar design characteristics.

Originally Posted by Jdawgboy

City Council is now hearing statements about Imagine Austin, I really wish a bunch of us were there now and even speak in support of Imagine Austin. Im thinking of going in a bit, pm me if anybody is interested in going. Its one thing to sit on the sidelines and admire city development but we need to get involved and show support to the city. We have enough NIMBYS in this city that get out their views its time we do the same...

Via Facebook about an hour ago.

Originally Posted by Greg

Imagine Austin: our new comprehensive plan passes on all three readings. Kudos to the CoA and all the participants who helped shape it.

[Jdawgboy]

Woohoo!

Do you know if Laura Morrison and Kathie Tovo voted in favor?

[Jdawgboy]

Im also not happy about Seaholm but whats done is done. At least in a couple of years the city will reevaluate the building for public use.

By the way do we have any idea on who is going to occupy Seaholm?

[H2O]

Originally Posted by Jdawgboy

Im also not happy about Seaholm but whats done is done. At least in a couple of years the city will reevaluate the building for public use.

By the way do we have any idea on who is going to occupy Seaholm?

I think it is HomeAway, but that is just a guess.

[MightyYoda]

Does anyone know how long it is for or if/when the city can reevaluate its use? Someone else mentioned the lack of continuation of 2nd street etc.. and I can agree in the short term, business office space might make more sense. But I want that as an open market once all these apartments get built and 2nd meets up with the power plant. I am ok with this only if it's to fill the building in the short term until the area fills out more.

[The ATX]

Originally Posted by MightyYoda

Does anyone know how long it is for or if/when the city can reevaluate its use? Someone else mentioned the lack of continuation of 2nd street etc.. and I can agree in the short term, business office space might make more sense. But I want that as an open market once all these apartments get built and 2nd meets up with the power plant. I am ok with this only if it's to fill the building in the short term until the area fills out more.

I think it's 20 years.

[AusTxDevelopment]

Originally Posted by H2O

I think it is HomeAway, but that is just a guess.

It's not HomeAway - got confirmation from their broker. Although it would be a perfect venue for HomeAway since they like funky space. Word on the street is that it's Whaleshark Media.

[hookem]

Originally Posted by AusTxDevelopment

It's not HomeAway - got confirmation from their broker. Although it would be a perfect venue for HomeAway since they like funky space. Word on the street is that it's Whaleshark Media.

I can't believe it would be whaleshark. A venture backed internet company that's only 2 years old? That would go against all common sense and lessons learned by the city. Unless the developer has so much weight with the council that they will completely ignore the fact that the tenant potentially can't even stay in business 12 more months...

My money is still on a company that is more established and politically connected. One that comes to the table with enough clout that the city would even consider such a change in plans.

[BevoLJ]

It was unanimous. =)

[nixcity]

Looks like we made the right votes this year, way to go ATX and props to the 2 that we would have expected to vote against this!!!!Things look good for our future, this is truly the first serious effort to cut traffic. Live close to work, what a novel idea.

[BevoLJ]

I may get bashed for this, but some of the things they do against these developments I think are kinda good. I bet if affordable housing wasn't a condition of the Green sale we would have been able to get some much taller and better buildings. But I am glad they stuck their hands in there and got them to agree to provide more under market housing for much longer time frame. I think it will be better for the health of downtown, even if we lost out on some amazing tall buildings at that site.

I think it is things like that, which is why they may seem to go against their typical NIMBY or ANC support. They see they can do a lot of good if they are willing to just work with these developers some. Also I'm not sure that people can still get elected in Austin on a 100% ANC/NIMBY vote anymore. To be able to say they pushed for and got that affordable housing downtown is good politically. They can still be all NIMBY with regard to various neighborhoods around town to try to keep the ANC support.

[nixcity]

Right on Bevo and Jdawg, as I have spoken with Jdawg many times is the simple fact that we need that tax money coming in to help what they can do with the budget which just means more services for the city. It also makes it easier to not raise taxes to get even just the needed improvements and expansions to continue to remain healthy. We can get the money from dense areas or have them continue to take large swaths of land to create CRAPPPP (the development that has dominated this country really since the 50's and 60's), which are set up for failure with the cheap materials they use and the fact they don't maintain them well. They are doomed for ghettodom in anywhere from 10-30 years into the future. You can look at the rings/loops around all cities and metro areas (even our lovely models of density NYC, Chicago and the like) which just pushes for the population to push further and further out to get that white picket fence life promised to us by Leave it to Beaver, lol.

[JoninATX]

Finally.... this is going to be a good year guys.

[JACKinBeantown]

Pretty good addition to the skyline. How about ground level? Any retail?

[KevinFromTexas]

I got an email back from Endeavor, the developer of 3 eleven Bowie. It will be 420 feet tall. That's to the top of the mechanical penthouse. He said the occupied space where the pool deck is is just shy of 400 feet. Today it would be our 6th tallest building. 4 feet taller than Ashton, but 14 feet shorter than Spring.

From street level 3 Eleven Bowie is just shy of 400’ tall to the top of the occupied space on the pool deck. Then to the top of the mechanical penthouse we are approximately 420’.

That's about what I expected with the height. Remember, it "only" has 36 floors and is 420 feet tall. Ashton is also apartments and has 36 floors and is only 4 feet shorter.

Originally Posted by JackinNYC

Pretty good addition to the skyline. How about ground level? Any retail?

Yes. 3,000 square feet. It'll also have 42,000 square feet of office space for the developer's headquarters.

[Syndic]

I feel like all of this development is really snowballing, and it's only going to increase. The more of these buildings that are built, the more enticing these neighborhoods become and the more developers know that their window for getting real estate in downtown is closing. That guy who said the market can only afford 500 new apartments per year was smoking something. I just hope developers keep including studio/efficiency apartments so that downtown remains (becomes?) liveable for The Rest of Us.

[Dale]

I know one forumer was expressing doubts about the Fairmont going ahead anytime soon. I don't get it. Manchester has deep pockets and he's got a top-tier hotel committed and the demand is clearly there.

[NYC_Longhorn]

I tried to tell y'all that Kathy Tovo isn't a Nimby.... She didn't vote for F1 because of the way it was funded... I disagree with that decision, but she is not a NIMBY. Her husband is a really good architect... Tom Hurt. He has designed several good projects around town. She got that anti-development reputation because she opposed Guerro's building a 6 story parking garage one block in from Congress... in Bouldin Creek. Also, I heard recently that the Seaholm real estate agent bristled at her when she walked through the space with him... apparently, she said... don't you think this magnificent space would be better as a public use rather than offices? The agent apparently got all snippy "what do you have against comercial use?"

When I heard that story, it made me seriously angry that the Seaholm people lack the vision to see what a colossal mistake by not utilizing that space for a market. If people really want to see density and urban rail and taller buildings downtown, then they need to stop Seaholm people from signing these easy leases to companies with deep pockets that can sign a million year lease. Think about it... they are going to put administrative offices in the most unique building on the waterfront. It could have been like New York's Chelsea Market, or San Fran's Ferry building, or Seattle's downtown waterfront pier marketplace.... What we are getting instead is the equivalent of a large Bank putting an ATM building in a building that really could use a pub, theater or restaurant. Sooooo crappy.

[wwmiv]

Originally Posted by NYC_Longhorn

It could have been like New York's Chelsea Market, or San Fran's Ferry building, or Seattle's downtown waterfront pier marketplace.... What we are getting instead is the equivalent of a large Bank putting an ATM building in a building that really could use a pub, theater or restaurant. Sooooo crappy.

There are better opportunities for this kindof thing. Honestly, we already have that in SoCo.