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  #2141  
Old Posted Jan 10, 2008, 12:13 AM
MichaelB MichaelB is offline
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Quote:
Originally Posted by DTAustin View Post
In my condo experience, I've found that the condo fees save me money because of the services included in the fees. For example, 360 fees include high speed internet service, cable TV, and building insurance, which reduces your condo insurance costs to almost nothing.

Regardless, the HOA fees are not something that is hidden prior to moving in. You know about them before buying. One thing that does often happen with new buildings is that the builder's estimated HOA budget is lower than reality, and the HOA fees end up increasing after the first year of operation. I think this will happen at 360. 360's budget is missing a lot of small items that add up quickly, such as window washing.
Agree.... I think my condo fees are reasonable considering what I get for it. Mine include a electricity, water and cable at a corporate rate. (Plus we have our own generator in the case of power outage!)
     
     
  #2142  
Old Posted Jan 10, 2008, 12:14 AM
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Nice pictures Kevin and Michael. Thanks. I love that view Michael.



I noticed the crane was up this afternoon. I saw it from I-35.
thanks.... I loved catching the picture of the crane lifting up it's own next section!
     
     
  #2143  
Old Posted Jan 10, 2008, 12:15 AM
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KevinB interesting photos, looks like the lens glazed the images so they have a wintry affect, like I recall from living in the frigid NoDak region but minus the snow. Vibrant color as well. Good stuff.
     
     
  #2144  
Old Posted Jan 10, 2008, 2:58 AM
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Well MichaelB beat me to these pics but here are the crappier ones I took today of the campus area. (via cellphone)

21 Rio




Notice the small tower to the right with what looks like a camera on it. It says www.eplanit.com it could be a web cam at some point or they are just using it to monitor the construction for themselves.






Presidio at Judges Hill
     
     
  #2145  
Old Posted Jan 10, 2008, 4:13 PM
ATXboom ATXboom is offline
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Downtown Austin Plan

ACTUAL PHASE I PRESENTATION:
http://www.ci.austin.tx.us/downtown/downloads/DAP_COMMISSIONS_BRIEFING_1-9-8.pdf



BY KATHERINE GREGOR





Defining Districts: A new plan and code tailored by Downtown districts could best respond to each area’s special features. This could protect and enhance a uniquely Austin character, match community values to locales, and build consensus for implementing the overall plan.
Source material provided by ROMA


That core question informs the Downtown Austin Plan, commissioned by the city and now being executed by the Austin office of ROMA Design Group. Early concepts and soft recommendations developed in Phase One (which stops at defining issues and opportunities) began a community review this week. A draft report received an enthusiastic reception at City Hall from council members, aides, and management staff; it was publicly unveiled on Wednesday, Jan. 9, at a joint meeting of the Planning, Design, and Downtown commissions. Now it's the community's turn to weigh in.

On Saturday morning, Jan. 12, a town-hall meeting (see p.26) will provide an opportunity for Austinites to learn about the work and research done so far – including a new approach to affordable housing Downtown – and to shape Phase Two. After gathering broad input, ROMA will proceed next month with the actual plan, which will take approximately a year to develop in detail. The crucial corollary is that the new Downtown Austin Plan, once completed, will include a council-approved implementation plan, to be enforced by city code. This commitment to execution and enforcement makes the urban design plan unlike any other in the history of Austin, according to its council sponsor, Brewster McCracken.

Because it will have real power and comes amid such growth pressures, this urban plan is particularly deserving of citizen attention and input. Its implementation will require not just city action but leadership and ongoing collaborative efforts from Austinites across the board – the business community, the activist community, single-interest advocates, the doers, and the contras.

A fundamental challenge will be to overcome the default cynicism with which many Austinites regard city-planning efforts. A decade of neighborhood planning, without strong implementation and commitment to follow-through, has produced widespread frustration and distrust; this negative legacy colored, for example, the recent vertical mixed-use opt-out process. Similarly, Austin's failure to periodically update its comprehensive plan (see "The Bigger Picture," p.25) hampers us with a weak planning tradition. Relatively few community leaders, activists, and stakeholders have recent experience (or even knowledge) of good urban design and planning and of how it can positively shape the city around the Austin values we hold dear. As a result, they don't put much stock in the exercise. The Downtown Austin Plan offers a real opportunity to create an upswell of optimism – but only if consciously used by the city to earn and rebuild community faith in its planning efforts.


--------------------------------------------------------------------------------

Place-Making With Districts



Streetcar Is No. 1: Austinites differ widely in the Downtown improvements they care most about funding. Transit and sustainability ranked highest with the more than 8,000 survey respondents. A density bonus program could let developers fund many of these needs, not only affordable housing.
Source material provided by ROMA
One big idea that emerges in the Phase One report: defining distinct districts. These would reinforce and build on the coherent city grid created in the original Waller plan of 1839. Among other virtues, districts offer a tailored mechanism for achieving specific community values. All would work in concert to promote overall goals: livability, sustainability, density, place-making for people, preservation of history and local character, and so on. ROMA's early draft of a district map shows Downtown divided into about a dozen specific districts. (For planning purposes, the city defines Downtown as the area north of the river, south of MLK, east of Lamar, and west of I-35, but the plan will reach beyond these boundaries for solutions on transit, connectivity, and compatibility.) Within each district, city policy and code would prioritize, promote, and reward particular community goals and values (as documented in this fall's Downtown Austin Plan Community Preferences Survey).

In short, a district approach could provide a place for everything. In principle, Downtown districts could also pre-empt or prevent battles by providing the community with clear assurances that each specific need (affordable housing, parkland, social services, new retail and office, etc.) will be promoted in an orderly fashion. Districts thus could reduce our free-floating urbanization anxiety – and pre-empt the fights that bog down real progress.

Each district would preserve and build on the special features and character that already exist in the area. This would promote a sense of place and unique Austin identity for each part of Downtown. For example, the remaining three public squares laid out in the 1839 Waller plan – Republic, Wooldridge, and Brush – would benefit from targeted upgrades and surrounding redevelopment to realize their potential as people-friendly parks and public spaces. In the northwest courthouse/historic district (north of Seventh Street, west of San Antonio Street), city policy and code would preserve neighborhood scale and the character of this area, rich in historic homes and tree-lined streets. Residential densification would be planned, but only appropriate to the existing character – e.g. small-scale, two- to four-story infill apartments, not soaring condo towers.

In the Waller Creek District, development codes would respond to the unique opportunities offered by the creek itself and the natural setting. That would include an attractive hike-and-bike trail, new open green space, and selected cafe and music venues (in tandem with the flood-control improvements making this land newly developable). In the Waterfront District along Lady Bird Lake – the public's favorite Downtown feature, by a landslide, on the survey – the plan would provide a unique response to the waterfront setting. A cohesive sense of place would run through the Rainey Street District on the east, the central Downtown waterfront, the Green site redevelopment and the Seaholm District to the west.

Other areas now lack the human scale, character, street life, and vibrancy that make a great Downtown; those would be reconceived entirely, following place-making principles. For example, in the Capitol District, 27 acres of state parking lots and garages could be redeveloped as mixed-use with housing. (This would require the city to actively engage state government in re-envisioning and redeveloping the area for the greater good – a major challenge and requiring city leadership and state responsiveness never heretofore seen but theoretically not impossible.)

Priority-use districts would promote certain active uses, creating nodes with the required critical mass. Again, the city would tailor its policy, code, developer incentives (e.g., density bonuses), and programs to help each area develop in particular ways the community wants and needs. A Congress Avenue District and the Central Business District could power up new offices, employment, and other critical economic engines. Policies for Sixth Street and perhaps Red River could foster the live-music scene. The Second Street corridor could promote retail, restaurants, and visitors. Presumably an arts district could also mature. The holistic strength of Downtown would benefit from the synergy among the various distinct districts.


--------------------------------------------------------------------------------

Affordable-Housing Solution



Subsidies Needed: Especially for high-rise construction, a daunting gap exists Downtown between what a household earning 80% of the median family income can afford ($87,930) and what an average one-bedroom condo costs ($468,669). How to close the gap? Collect “density bonus” fees and require more affordable units from developers, then add public subsidies.
Source material provided by ROMA
A second valuable big idea: We can get affordable housing Downtown by taking a very specific, strategic approach. The Phase One ROMA report benefits from new data, research, and analysis by top national experts (consultants HR&A Advisors, with local market and proprietary construction data from Charles Heimsath's Capitol Market Research). Its early suggested strategy thus appears more sound than anything we've seen to date – and cause for cautious optimism. It reveals the flaws in the compromise recommendations provisionally adopted by council from the Affordable Housing Incentives Task Force: That approach won't yield enough units (or fee-in-lieu dollars) to prevent Downtown from becoming an exclusive enclave for the wealthy. A key problem: The huge $380,000 gap between what the average new one-bedroom, high-rise Downtown condo costs and what a household earning 80% of the median family income can afford. If every unit needs a $380,000 subsidy, then very few will get built. Even free city-owned land makes relatively little difference. (While the rental market is less daunting, the same basic concepts apply.)

But the report shows another way to get there. The detailed data points to this package approach:

1) Target midrise projects for affordable housing rather than high-rise projects – because construction costs are dramatically lower in midrise (less than six stories).

2) Use "density bonus" fees paid by high-rise projects to fund affordable housing in other, midrise projects Downtown.

3) Require these midrise projects to make 10% of their units affordable. (That's far more than the task force recommendations, which require just 10% of bonus square feet, which translates to about 4% of units.)

The data shows this approach producing affordable units Downtown that would require just $20,000 in public subsidies – from local, state, or federal sources – to become affordable to 80% MFI households. For 100% MFI households, just a $5,000 subsidy would be needed – far less daunting than that opening $380,000 gap for high-rise construction.




A Brighter Picture: Affordability becomes far more achievable in mid-rise housing, when developers are required to include 10% affordable units in a market-rate project. The smaller public subsidies shown here would buy down the unit sales price.
Source material provided by ROMA
But if we're trying to densify Downtown – e.g., maximize the height potential of each and every buildable site – isn't that in conflict with building a bunch of new midrise housing?

Here's where the Capitol View Corridors swoop in wearing a dashing red cape – as the unintended saviors of Downtown affordability. The corridors create limits on building heights; last year the Downtown Commission made a controversial push to revisit them, in part because they also limit high-rise redevelopment. But parcels under Capitol View Corridor height restrictions offer ideal sites for the midrise structures that are cost-effective for affordable housing. Happily, many are located in districts – along Waller Creek, near homeless shelters and social services, and in the state parking garage wasteland – where new affordable housing is desirable and a good fit. (Musicians and artists enjoying subsidized apartments should be much more open-minded than $1 million condo investors, for instance, about having the Austin Resource Center for the Homeless as a neighbor.)

The flip side of the argument: The city shouldn't spend its scarce affordable-housing dollars on sites without Capitol View Corridors or other height limits. Let all unrestricted full blocks rise as high as possible: That serves the twin community goals of maximum density/sustainability and economic vitality, as driven by major office and mixed-use projects. Let height-restricted tracts add density in a different way (and you get a surprising increase from five-story infill projects, built cheek-to-cheek): That can serve the community goal of having Downtown neighborhoods that are more affordable, welcoming, and diverse. Council Member Brewster McCracken said that after his briefing, he was newly invigorated and excited by seeing exactly how that can happen.

It's this kind of "aha" moment that can be delivered only by comprehensive urban planning. Fresh solutions emerge when multiple community issues are synthesized and understood as interlocking parts of a whole. Those, in turn, can shift public attitudes. One example: Housing advocates recently have pressed the city to prioritize on-site affordable housing in the redevelopment of Green Water Treatment Plant. But the Phase One ROMA report suggests that a different approach would better achieve the root goal. On those full blocks without height restrictions, the city instead would encourage sky-high projects – yielding property taxes to match. Of those taxes, 40% already are earmarked for the city's affordable-housing fund. Those dollars – nearly $1 million a year at full build-out – would be invested in subsidizing new midrise projects (and perhaps existing apartments) nearby, say in the northwest district of historic homes or along Waller Creek. The potential result: Many more Downtown units affordable to average Austinites.

There's plenty more meat in the Phase One report. Other key issues it sets up include regional transit, transportation, and mobility; a whole section addresses economic viability – the need to ensure that Downtown Austin retains it regional pre-eminence, despite competition from suburban upstarts like the Domain. For certain, those who participate in the Jan. 12 town-hall meeting will have plenty to digest. But the meal is worth the chew.
     
     
  #2146  
Old Posted Jan 10, 2008, 5:31 PM
ATXboom ATXboom is offline
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from AndrewsUrban.com ...not up to date with the timeline but some decept specifics on the building next to the post office site.


Condominiums at 6th & Nueces

Location: 519 W. 6th St., Austin, Texas 78701

Development Partner: Novare Group, Inc.

Project Information:

425 residences: one bedroom, one bedroom with den, two bedroom, and top floor penthouses
37 stories
Approximately 420’ tall
25,000 square feet of ground floor retail
Architect: The Preston Partnership LLC, Atlanta, Georgia
Amenities:

Amenities for which Novare-Andrews Urban communities are noted
Timeline:

Groundbreaking: Fall 2007
Sales Center Opening: Spring 2008
Sales Begin: Spring 2008
Expected completion: Fall 2009
TWELVE Domain
www.TWELVEDomain.com



Location: Esperanza Crossing and Park Street, The Domain, Austin, Texas 78758

Development Partner: Novare Group, Inc.

Project Information:

360 residences: one bedroom, one bedroom with den, two bedroom, and top floor penthouses
130 hotel suites
28 stories
8.500 square feet of ground floor retail, including signature hotel restaurant
Architect: Smallwood, Reynolds, Stewart, Stewart & Associates, Inc., Atlanta, Georgia

Amenities:

Amenities for which Novare-Andrews Urban communities are noted
Timeline:

Groundbreaking: Spring 2008
Sales Center Opening: Fall 2008
Sales Begin: Fall 2008
Expected completion: Spring 2010

To register for more information and for forthcoming floor plans and additional information on TWELVE Domain, please visit www.twelvedomain.com and www.twelvehotels.com.
360 Condominiums
LifeSurroundsYou.com


Location: 360 Nueces St., Austin, Texas 78701

Development Partner: Novare Group, Inc.

Project Information:

430 residences: one and two-bedroom and top-floor penthouses
44 stories
Approximately 563' tall
14,500 square feet of ground floor retail, including restaurant space
Architect: The Preston Partnership LLC, Atlanta, Georgia
Amenities:

Amenities for which Novare-Andrews Urban communities are noted
Timeline:

Groundbreaking - May 2006
Sales Center Opening - February 2007
Sales Begin - February 2007
Expected Completion - May 2008
For information on remaining homes, pleas visit www.lifesurroundsyou.com
     
     
  #2147  
Old Posted Jan 11, 2008, 12:52 AM
zx14 zx14 is offline
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still waiting

Is the reason the glass has not been put on the spire yet is because they are installing equitment like broacast equitment and such?
     
     
  #2148  
Old Posted Jan 11, 2008, 1:23 AM
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Not sure. Greg told me the crane is supposed to come down on the 15th. So...
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  #2149  
Old Posted Jan 11, 2008, 3:45 AM
jrebubula jrebubula is offline
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project delivery

heard today that 360 is 45 days behind schedule, that makes it on par with the rest of the condo projects in this town with not making their delivery dates.
     
     
  #2150  
Old Posted Jan 11, 2008, 3:59 AM
jsoto3 jsoto3 is offline
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Quote:
Originally Posted by DTAustin View Post
The city really forgot about parking when the 2nd street district was planned.
There's public parking available in the City Hall garage (free until 5pm on weekends).
https://www.ci.austin.tx.us/cityhall/parking.htm
     
     
  #2151  
Old Posted Jan 11, 2008, 1:15 PM
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The Las Manitas battle has apparently been settled. And in the process, a 3rd modification to the Marriott convention hotel is taking shape. This time, it will be a single 1000 room hotel. The floor count originally went up from 26 to 31 stories. Now, we could be looking at a few more (assuming the footprint hasn't significantly broadened).

Here is the article from today's Austin American-Statesman:

http://www.statesman.com/business/content/business/stories/realestate/01/11/0111marriott.html


Quote:

Las Manitas fate resolved
Revised Marriott project to break ground later in year.

By Shonda Novak
AMERICAN-STATESMAN STAFF
Friday, January 11, 2008

The dispute over the fate of the popular Las Manitas cafe, which was tied to a plan for a downtown Marriott project, appears to have come to a peaceful resolution.

Landowner Tim Finley said a deal has been struck with the Perez sisters, who own the restaurant, that will allow them to continue operating at their existing location on Congress Avenue until June or July and then move to a historical building they own on the same block.

"We reached a mutually beneficial agreement that allows them to reopen in the corner building that they own, and do it without any lapse in their business," said Finley, vice president of the Finley Co. "They can operate in ours until it's ready, and there will always be a Las Manitas."

Marriott, meanwhile, has delayed breaking ground and changed its plans for the project. White Lodging Services Inc. now plans a single 1,000-room convention center hotel, with groundbreaking in late 2008 instead of early this year. The previous plan called for two hotels, and the first plan had called for three...

___________________________________

... White Lodging, meanwhile, has changed course twice on the Marriott development. The first plan called for a 26-story Marriott convention center hotel with 650 rooms; an 11-story upscale Renaissance Hotel with 200 rooms; and a 15-story Springhill Suites with 150 rooms.

Then in June, White Lodging said it planned two hotels: a 31-story convention center hotel with 850 guest rooms and an 11-story hotel with 150 rooms.

At that time, White Lodging planned to break ground early this year and open the hotels in 2010. The price of the revised project was estimated at $250 million, up from $185 million originally.....

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  #2152  
Old Posted Jan 11, 2008, 2:46 PM
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Good pics and updates. Lots going on...

     
     
  #2153  
Old Posted Jan 11, 2008, 6:13 PM
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Interesting pics, Michael. It's still a shame how once these buildings are done, we'll still have inadequate retail frontage. That McDonald's and drive through Schlotzsky's has to go. I still fear that they will be the preferred domiciles of rich Houstonian's kids, and will still drive their SUV's downtown.

Also, about the hotel, much ado about nothing if you ask me. Those 3 hotels were just 3 artificial subdivisions of Marriott's stratified brand strategy. Although it might have looked nicer to have more girth filling up the skyline.
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  #2154  
Old Posted Jan 11, 2008, 6:44 PM
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Im actually glad they are making one tower instead or 3 or two for the Marriott Hotel. It will definatly make the building taller and I say we need more tall highrises LOL.... Sorry I know we are getting quite alot but I WANT MORE!!!!
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  #2155  
Old Posted Jan 11, 2008, 8:25 PM
DTAustin DTAustin is offline
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Quote:
Originally Posted by jrebubula View Post
heard today that 360 is 45 days behind schedule, that makes it on par with the rest of the condo projects in this town with not making their delivery dates.
I just confirmed that with the sales office. They are 30-45 days behind schedule due to the rain this summer.
     
     
  #2156  
Old Posted Jan 11, 2008, 8:33 PM
DTAustin DTAustin is offline
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Downtown Views

If you're looking for good views of downtown from a relatively higher floor that is open to the public, check out the restaurant and bar on the 18th floor of the Hilton Garden Inn. I usually check it out once a year during SXSW. The awesome view faces west. The hotel is located on 5th and I35.
     
     
  #2157  
Old Posted Jan 11, 2008, 11:24 PM
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Good to hear about the Marriott. I never liked the idea of multiple towers anyway. It seemed like a cheap way of trying to make it appear as 3 different hotels bunched together. Why not all under one roof instead?

Also, on the floor count, I thought I had last heard 34 floors, not 31. So I checked Emporis and sure enough, the floor number was set to 34. Although, I wonder if they were meaning "34 stories" as in 340 feet tall, instead of 34 actual floors. This was apparently listed on the City of Austin's access channel, and presented by the developers during their presentation to the planning commission. So assuming the tower is currently 34 floors, if a 15-story tower being absorbed into the main tower added 8 floors originally it was 26, then it could be nearly 40 floors now.

And I'd love to check out that Hilton Garden Inn view. I've never been up there. I also need to go over to the Hyatt again, it's been a long time since I've been up there.
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  #2158  
Old Posted Jan 11, 2008, 11:47 PM
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I believe the restaurant is call 18th Over Austin, and the food is only so-so.
     
     
  #2159  
Old Posted Jan 13, 2008, 4:15 AM
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see there is a santa claus!!

Quote:
Originally Posted by ATXboom View Post
ACTUAL PHASE I PRESENTATION:
http://www.ci.austin.tx.us/downtown/downloads/DAP_COMMISSIONS_BRIEFING_1-9-8.pdf



BY KATHERINE GREGOR


--------------------------------------------------------------------------------

Affordable-Housing Solution



Subsidies Needed: Especially for high-rise construction, a daunting gap exists Downtown between what a household earning 80% of the median family income can afford ($87,930) and what an average one-bedroom condo costs ($468,669). How to close the gap? Collect “density bonus” fees and require more affordable units from developers, then add public subsidies.
Source material provided by ROMA
A second valuable big idea: We can get affordable housing Downtown by taking a very specific, strategic approach. The Phase One ROMA report benefits from new data, research, and analysis by top national experts (consultants HR&A Advisors, with local market and proprietary construction data from Charles Heimsath's Capitol Market Research). Its early suggested strategy thus appears more sound than anything we've seen to date – and cause for cautious optimism. It reveals the flaws in the compromise recommendations provisionally adopted by council from the Affordable Housing Incentives Task Force: That approach won't yield enough units (or fee-in-lieu dollars) to prevent Downtown from becoming an exclusive enclave for the wealthy. A key problem: The huge $380,000 gap between what the average new one-bedroom, high-rise Downtown condo costs and what a household earning 80% of the median family income can afford. If every unit needs a $380,000 subsidy, then very few will get built. Even free city-owned land makes relatively little difference. (While the rental market is less daunting, the same basic concepts apply.)

But the report shows another way to get there. The detailed data points to this package approach:

1) Target midrise projects for affordable housing rather than high-rise projects – because construction costs are dramatically lower in midrise (less than six stories).

2) Use "density bonus" fees paid by high-rise projects to fund affordable housing in other, midrise projects Downtown.

3) Require these midrise projects to make 10% of their units affordable. (That's far more than the task force recommendations, which require just 10% of bonus square feet, which translates to about 4% of units.)

The data shows this approach producing affordable units Downtown that would require just $20,000 in public subsidies – from local, state, or federal sources – to become affordable to 80% MFI households. For 100% MFI households, just a $5,000 subsidy would be needed – far less daunting than that opening $380,000 gap for high-rise construction.




A Brighter Picture: Affordability becomes far more achievable in mid-rise housing, when developers are required to include 10% affordable units in a market-rate project. The smaller public subsidies shown here would buy down the unit sales price.
Source material provided by ROMA
But if we're trying to densify Downtown – e.g., maximize the height potential of each and every buildable site – isn't that in conflict with building a bunch of new midrise housing?

Here's where the Capitol View Corridors swoop in wearing a dashing red cape – as the unintended saviors of Downtown affordability. The corridors create limits on building heights; last year the Downtown Commission made a controversial push to revisit them, in part because they also limit high-rise redevelopment. But parcels under Capitol View Corridor height restrictions offer ideal sites for the midrise structures that are cost-effective for affordable housing. Happily, many are located in districts – along Waller Creek, near homeless shelters and social services, and in the state parking garage wasteland – where new affordable housing is desirable and a good fit. (Musicians and artists enjoying subsidized apartments should be much more open-minded than $1 million condo investors, for instance, about having the Austin Resource Center for the Homeless as a neighbor.)

The flip side of the argument: The city shouldn't spend its scarce affordable-housing dollars on sites without Capitol View Corridors or other height limits. Let all unrestricted full blocks rise as high as possible: That serves the twin community goals of maximum density/sustainability and economic vitality, as driven by major office and mixed-use projects. Let height-restricted tracts add density in a different way (and you get a surprising increase from five-story infill projects, built cheek-to-cheek): That can serve the community goal of having Downtown neighborhoods that are more affordable, welcoming, and diverse. Council Member Brewster McCracken said that after his briefing, he was newly invigorated and excited by seeing exactly how that can happen.

It's this kind of "aha" moment that can be delivered only by comprehensive urban planning. Fresh solutions emerge when multiple community issues are synthesized and understood as interlocking parts of a whole. Those, in turn, can shift public attitudes. One example: Housing advocates recently have pressed the city to prioritize on-site affordable housing in the redevelopment of Green Water Treatment Plant. But the Phase One ROMA report suggests that a different approach would better achieve the root goal. On those full blocks without height restrictions, the city instead would encourage sky-high projects – yielding property taxes to match. Of those taxes, 40% already are earmarked for the city's affordable-housing fund. Those dollars – nearly $1 million a year at full build-out – would be invested in subsidizing new midrise projects (and perhaps existing apartments) nearby, say in the northwest district of historic homes or along Waller Creek. The potential result: Many more Downtown units affordable to average Austinites.

There's plenty more meat in the Phase One report. Other key issues it sets up include regional transit, transportation, and mobility; a whole section addresses economic viability – the need to ensure that Downtown Austin retains it regional pre-eminence, despite competition from suburban upstarts like the Domain. For certain, those who participate in the Jan. 12 town-hall meeting will have plenty to digest. But the meal is worth the chew.


This report suggests there is free money for affordable housing..it says it favors density wants to encourage it. But the "density bonus" is really just a re zoning tax. And everyone is lining up for it..the people what want subsidized housing, more money for parks, east Austin advocates etc. The trouble with all this is that you can't make downtown more dense or more affordable by raising costs. The benefits to the city of a denser residential base downtown are overwhelming but some folks think they ought to put the brakes on this..or at least enough to get some money from the developers. While developers may be a tempting target be sure that fewer buildings will be built and costs added via these fees will result in overall higher prices for everyone else.
In short I am saying there is no Santa Claus. And the goal of greater density is in direct conflict with the density bonus line of thought because it merely seeks to tax development.



It would be prudent to let the downtown market get going in earnest with lots of success stories before the City brings its taxing power on this highly desireable goal. It wasn't too long ago the City took the opposite view with the Smart Growth incentives were city fees were waived and costs reduced in order to get more building downtown. Seems boom or bust the City can't just let the market work and usually they are a bit behind. Offering incentives in good times and now thinking of taxing when the real estate market is taking hits.

The danger to the City is that downtown growth depends on a critical mass. More residences more retail more pedestrian uses..to the extent that this eliminates some buildings from being built or built taller then we will fail to achieve the mass necessary for a truely vibrant downtown. This trend is just begining and I think they are going to kill the goose.....

Last edited by evergreen1; Jan 13, 2008 at 8:09 PM.
     
     
  #2160  
Old Posted Jan 13, 2008, 9:43 AM
austin242 austin242 is offline
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Join Date: Jun 2007
Location: Austin
Posts: 591
I was looking at Seaholm and I realized it would be a great art museum like dorsee museum in paris, which used to be a train station.
It would be best if they could mix those two together somehow.
and what they use Seaholm Powerplant as?

Last edited by austin242; Jan 13, 2008 at 9:59 AM.
     
     
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