AUSTIN | Waterline | 1,034 Feet | 73 Floors | T/O - Page 2

Spaceman · #1 Posted **May 3, 2013, 6:22 AM**

Quote:

Originally Posted by hookem

I wonder what Austin's ratio of proposed to actually built tower projects for the last decade would be... and how it compares to other Texas cities.

I know lots of projects failed or were just pipe dreams (T Stacy), but even with those, it seems like 50%. Which is good, considering the bust happened during that time. Anyway, if that's the rate, between the Fairmont and this, we have at least a very good chance of a new tallest within about 2-3 years.

Hookem you are correct...Most of these projections are pie in the sky for sure..The Fairmount is 50% at best..This Rainey three tower complex has less than 5%..I would like to be more positive but this is all boots and no cattle. It gets boring after a time. Build it or shut the f--k up!!!!!

H2O · #2 Posted **May 3, 2013, 11:06 AM**

Quote:

Originally Posted by Spaceman

Hookem you are correct...Most of these projections are pie in the sky for sure..The Fairmount is 50% at best..This Rainey three tower complex has less than 5%..I would like to be more positive but this is all boots and no cattle. It gets boring after a time. Build it or shut the f--k up!!!!!

With your abysmal record at predicting failure (virtually every project that has started construction since you joined this board), this project is certain to come to fruition.

The ATX · #3 Posted **May 3, 2013, 11:13 AM**

Quote:

Originally Posted by H2O

With your abysmal record at predicting failure (virtually every project that has started construction since you joined this board), this project is certain to come to fruition.

Exactly. Spaceman is the most cynical person that I have never met.

verybadgnome · #4 Posted **May 3, 2013, 4:05 PM**

Quote:

Originally Posted by Spaceman

Hookem you are correct...Most of these projections are pie in the sky for sure..The Fairmount is 50% at best..This Rainey three tower complex has less than 5%..I would like to be more positive but this is all boots and no cattle. It gets boring after a time. Build it or shut the f--k up!!!!!

Wait I thought the Fairmount was a done deal. Surely they can get financing with J.W. Marriot pre-selling at a brisk pace.

MightyYoda · #5 Posted **May 3, 2013, 4:49 PM**

I can be pessimistic about projects sometimes (3rd and Colorado), but I would be surprised if Fairmont doesn't happen. Also I believe 3rd and Colorado will be built now as well. This project is still too early to tell though the lack of previous history with high end real estate is the big worry. They could be getting all the permits to then flip the property again, but maybe not. They could have just as easily wanted to build a large project, and with the waller creek redevelopment, saw much greater promise in these properties than the one they sold.

austlar1 · #6 Posted **May 4, 2013, 5:07 AM**

Quote:

Originally Posted by verybadgnome

Wait I thought the Fairmount was a done deal. Surely they can get financing with J.W. Marriot pre-selling at a brisk pace.

I don't think the Fairmount developers have made a definitive announcement with regards to financing. They have not named a lender or provided any figures or loan details. Projects usually don't get started until this kind of announcement has been made. They have spent a ton of money on plans, engineering studies, permitting, etc., but they have not really spelled out the details regarding financing. I think they are serious about wanting to do this project, but it remains to be seen whether they can line up the money to make it happen. I suspect that it will happen in the reasonably near future, but I kind of doubt they'll start on it this year.

KevinFromTexas · #7 Posted **May 3, 2013, 4:28 AM**

KVUE did a mock rendering of the project. It should be noted that these are NOT the designs. ^The building on the left kind of looks like One Canada Square in London, and the one on the right is Houston's Memorial Medical Plaza (shrunk a bit). I'm not sure what building that is in the middle.

Proposed towers possibly Austin's tallest buildings

KevinFromTexas · #8 Posted **May 3, 2013, 8:13 PM**

^The building on the left kind of looks like One Canada Square in London, and the one on the right is Houston's Memorial Medical Plaza (shrunk a bit). I'm not sure what building that is in the middle.

The ATX · #9 Posted **Aug 16, 2013, 3:19 PM**

There are a total of three permits related to demolition at the development site. They are for 96 and 96 1/2 Red River:

https://www.austintexas.gov/devrevie...erRSN=10978664
https://www.austintexas.gov/devrevie...erRSN=10999546
https://www.austintexas.gov/devrevie...erRSN=10976900

96 Red River is a now abandoned warehouse:

96 1/2 Red River is a house:

The demolitions are on the part of the site where the 65-story tower would be.

The ATX · #10 Posted **Aug 16, 2013, 4:12 PM**

Here's another demolition permit that was filed this week for 94 Red River which is adjacent to the ones pictured above as well as nearby 505 Willow St. This project seems to be moving forward.

https://www.austintexas.gov/devrevie...erRSN=10999499

East7thStreet · #11 Posted **Aug 16, 2013, 5:43 PM**

If you read their applications for demo they were denied by the city. It looks like they didn't clearly show the city where the fencing and protected trees were located on the property. While it is encouraging that they are trying to move forward on this development .... it's weird that they can't even figure out a simple demo permit for a 500 million dollar project.

The ATX · #12 Posted **Aug 16, 2013, 5:49 PM**

Denied requests are common.

bigdogc · #13 Posted **Aug 16, 2013, 8:03 PM**

denied request is still better than no request!

I hope this thing moves forward. The actually demo'd a house right across the street from iron works about 6 months ago. Not sure if that is going to be part of this or not, but is still a lot of land to build on.

The ATX · #14 Posted **Sep 3, 2013, 7:30 AM**

Here's a big new rendering. Feel free to resize it yourself.

LoneStarMike · #15 Posted **Sep 3, 2013, 7:38 AM**

Thanks!

dhinaustin · #16 Posted **Sep 4, 2013, 12:45 PM**

Very nice! Thanks for sharing. Really hope this one happens. I like it almost as much as The Fairmont.

GoldenBoot · #17 Posted **Apr 7, 2015, 10:09 PM**

I really liked this design! It's a shame they had to go and mess it up, imo. The tallest one in this 2013 rendering looks to be about 62 stories (plus the height of the crown).

Jdawgboy · #18 Posted **Apr 7, 2015, 10:33 PM**

Quote:

Originally Posted by GoldenBoot

I really liked this design! It's a shame they had to go and mess it up, imo. The tallest one in this 2013 rendering looks to be about 62 stories (plus the height of the crown).

I agree. Just the shape and curvaiture of the towers alone would be a great addition to the skyline plus would complement the Austonian. The only thing that would be even better is to have each tower a different color. I could see a 29 story version of that office building.

No more squares and rectangles!

wwmiv · #19 Posted **Sep 3, 2013, 7:54 AM**

As I said in the other thread:

Quote:

Holy. Shit. They are not fucking around now.

wwmiv · #20 Posted **Sep 3, 2013, 8:18 AM**

Where did the rendering come from, Hill Country?