AUSTIN | Projects & Construction II - Page 102

Jdawgboy · #**2021** Posted **Dec 15, 2007, 7:07 PM**

Don't worry about the Spring and Austonian projects or for any project that is already under construction now. It would be suicide for companies to start building then all of a sudden stop. Austin's economy is very strong one of the strongest in the nation and with recent news of some top economists saying Austin will fair well in the housing slump and should add about 77,000 new jobs within the next 5 years. Spring and Austonian will rise for sure and we should see others rise over the next year as well.

hookem · #**2022** Posted **Dec 15, 2007, 7:54 PM**

Quote:

Originally Posted by Jdawgboy

Don't worry about the Spring and Austonian projects or for any project that is already under construction now. It would be suicide for companies to start building then all of a sudden stop. Austin's economy is very strong one of the strongest in the nation and with recent news of some top economists saying Austin will fair well in the housing slump and should add about 77,000 new jobs within the next 5 years. Spring and Austonian will rise for sure and we should see others rise over the next year as well.

I hope you are right... but they are still at a stage where, if I understand these developments correctly, it is quite easy to stop without a huge loss. The ground clearing, foundation laying, etc can be dragged out quite a while until the sales reach a target level. If they don't, it can be stopped easily and *hopefully* the crews doing that prep work get paid.

But, I'll stop being negative. It's just my own irrational fear, probably from seeing the previous building boom, and finding it hard to believe I'll be lucky enough to have seen Austin get a new tallest 3 times in 6 years.

Once either Spring or Austonian start to build floors, I'll feel much better.

jordan · #**2023** Posted **Dec 15, 2007, 10:42 PM**

Quote:

Originally Posted by hookem

I hope you are right... but they are still at a stage where, if I understand these developments correctly, it is quite easy to stop without a huge loss. The ground clearing, foundation laying, etc can be dragged out quite a while until the sales reach a target level. If they don't, it can be stopped easily and *hopefully* the crews doing that prep work get paid.

But, I'll stop being negative. It's just my own irrational fear, probably from seeing the previous building boom, and finding it hard to believe I'll be lucky enough to have seen Austin get a new tallest 3 times in 6 years.

Once either Spring or Austonian start to build floors, I'll feel much better.

Do any of you think, that Stacy's Progect will start with in the next 3 yrs?

bigdogc · #**2024** Posted **Dec 16, 2007, 7:49 PM**

t stacy... it will probably start within 3 years. It will probably be a lot smaller. Remember, this guy has a good chunk of land and hes having to move people out of the existing bulding, then having to build a parking lot before he can even start construction. By that time it will probably be reduced.
This is all purely speculative though, we all have the same info. That last newspaper article interview with him

Jdawgboy · #**2025** Posted **Dec 16, 2007, 7:54 PM**

Just to put everybodies fears to rest about Kevin, he is fine he was at the Forum meet with us downtown this morning/early afternoon and should be back online sometime Wed.

With regards to T Stacy's tower I don't know if it would be smaller it may be taller depending on if he decides to go mostly office and if thats the case it may end up being taller. Now that does all depend on if he is going to stay at or around 47 floors. It could have less floors and still be fairly tall though over all. Who knows we will have to wait and see what will end up happening.

andrew.A..T..X · #**2026** Posted **Dec 17, 2007, 3:32 AM**

Almost all of the glass is on the 360 now. Are they going to put glass on the spire? Im guessing they are, and does anybody know when they are going to put the rest of the spire on? There is still like 30 more feet of "spire" to go.

Sexas · #**2027** Posted **Dec 18, 2007, 5:18 AM**

Just some pricing for The Austonian:

Unit A - One bedroom, One and a half bathrooms, 1,221 SQFT it is the smallest one

Floor | Price
11 559K <--- City View
12 577K
13 587K
14 597K
15 633K
16 644K
17 654K
18 664K
19 685K
20 695K
21 706K
22 716K
23 726K
24 736K
25 757K <---Start with skyline view
26 767K
27 778K
28 788K
29 798K
30 809K
31 ---
32 829K
33 839K
34 850K
35 860K
36 sold
37 881K
38 891K
39 901K
40 912K

I scare to tell you how much is those bigger one...the next up unit E (1,923 SqFt 2/2) will reach $1M at 17th floors and $1,4M at 40th floors, it just totally crazy!

AustinGuy · #**2028** Posted **Dec 18, 2007, 5:38 AM**

Quote:

Originally Posted by Sexas

Just some pricing for The Austonian:

Unit A - One bedroom, One and a half bathrooms, 1,221 SQFT it is the smallest one
!

Interesting info. Are the units in your list all still unsold?

Sexas · #**2029** Posted **Dec 18, 2007, 6:17 AM**

Quote:

Originally Posted by AustinGuy

Interesting info. Are the units in your list all still unsold?

It is up-to-date and yes if it has a price it still available. And I just check with Spring today they "say" 86 out of 200 units already under contract (I smell fish)

AustinGuy · #**2030** Posted **Dec 18, 2007, 5:26 PM**

Quote:

Originally Posted by Gallup

Now I’m hoping for an 800’ T-Stacy office/hotel tower. He may ditch residential altogether which in the current climate who can blame him.

I sure hope so. It'd be great if we can create more space for jobs downtown as well as residences.

SkyHigh · #**2031** Posted **Dec 18, 2007, 9:27 PM**

how the hell is anyone gonna be able to afford to live in the austonian!?

those are gonna be on the market a long long time, id assume.

zx14 · #**2032** Posted **Dec 19, 2007, 3:05 AM**

It looks like they are adding some sort of steel bracing or something around the area of the spire.

hookem · #**2033** Posted **Dec 19, 2007, 8:49 AM**

Quote:

Originally Posted by zx14

It looks like they are adding some sort of steel bracing or something around the area of the spire.

Hmm, saw that too. It looks kind of like it is scaffolding for them to apply the texture / paint on the concrete base of the spire.

bigdogc · #**2034** Posted **Dec 19, 2007, 7:27 PM**

Has anyone heard any news regarding approved projects that havent gone up yet? Namely 7th and Rio, 21c.
Also- when is AMLI going to be done? That building is taking forever to get done.

AustinBob · #**2035** Posted **Dec 19, 2007, 7:37 PM**

Quote:

Originally Posted by bigdogc

Has anyone heard any news regarding approved projects that havent gone up yet? Namely 7th and Rio, 21c.
Also- when is AMLI going to be done? That building is taking forever to get done.

I did receive this email from 7Rio on the 14th:

Happy Holidays from 7Rio

You were one of the first 409 people to contact us for information on 7Rio. We know this is a busy time of year and a time to focus on friends and family. We'll be back in touch after the New Year with exciting developments regarding 7Rio, The Living High Rise.

Until then, we're wishing you and yours a safe and peaceful holiday season.

Highest Regards,
7Rio, The Living High Rise

To stay informed about our initial release list, check out this link -
7rio.com/signup

Strayone · #**2036** Posted **Dec 19, 2007, 10:04 PM**

7rio....To Hell with family and friends, tell us what the exciting developments are!

JGFrisco · #**2037** Posted **Dec 20, 2007, 12:04 AM**

I have sent emails with questions about 21c to their realtor contact and construction contact. No response from either. Take that for what it's worth.

OfCourse · #**2038** Posted **Dec 20, 2007, 12:08 AM**

Some stuff I've taken over the past few days...

360 from the north side of the capitol

The Sabine

Some of the condos/apts off I-35

zx14 · #**2039** Posted **Dec 20, 2007, 3:52 AM**

They are doing something atop the spire!!!

KevinFromTexas · #**2040** Posted **Dec 20, 2007, 4:50 AM**

Great photo updates you guys. During my absence I didn't really get to take many pictures of downtown or even go down there because I was sick. On top of that our internet was off which was why I wasn't on the forum.

I also wanted to say that I moved the spire/crown debate to its own thread in the Texas section of the forum. Those debates can go on forever.
http://forum.skyscraperpage.com/showthread.php?t=143092