AUSTIN | Projects & Construction III - Page 100

Mopacs · #**1981** Posted **Apr 16, 2013, 4:30 PM**

Saw this snippet on the REBusiness Online site regarding the Seven RIO project. Looks to be in good shape.

http://www.rebusinessonline.com/main...6&region=Texas

Quote:

BEHRINGER HARVARD INVESTS IN NEW LUXURY HIGH-RISE IN AUSTIN

AUSTIN, TEXAS

Behringer Harvard Multifamily REIT I Inc. has provided equity capital for the construction of the 24-story Seven RIO, a 220-unit luxury high-rise development in the West Sixth Street District in downtown Austin. The multifamily tower will be located on the northeast corner of West Seventh Street and Rio Grande...

JoninATX · #**1982** Posted **Apr 16, 2013, 9:20 PM**

Quote:

Originally Posted by Jdawgboy

Its across from KXAN, not KVUE. KVUE's studio is up north.

Thaks Jdawgboy, I knew it was either Kvue or Kxan just wasnt sure.

migol24 · #**1983** Posted **Apr 16, 2013, 9:53 PM**

Quote:

Originally Posted by LoneStarMike

It's not condos. It's 135 efficiency apartments for single people making less than $27,000 per year.

http://www.foundcom.org/news-and-events/capitalstudios/

Man, I wouldn't mind living there. I'm a poor dude.

KevinFromTexas · #**1984** Posted **Apr 16, 2013, 11:57 PM**

Quote:

Originally Posted by JoninATX

The Crest at Pearl U/C

This is what's being constructed at Pearl St. & MLK JR. Blvd, right across from KVUE.

http://www.austintowers.net/Austin_D...es_Hill%20.php

By the way, according to the site plan file number 031, this project will be 94 feet 10 inches tall with 6 floors.

The address is 706 West MLK Boulevard.

JoninATX · #**1985** Posted **Apr 17, 2013, 12:57 AM**

Cool, I can say it will add some significant height in that area.

JoninATX · #**1986** Posted **Apr 17, 2013, 1:00 AM**

Here is the site right in front of the old Travis House. As you can see they have some construction equipment and what looks to appear as rebar as well. Anyways sorry for the crappy shot and few construction workers were eyeing me and didn't want them to think I was up to something.

jtown,man · #**1987** Posted **Apr 17, 2013, 3:14 AM**

Quote:

Originally Posted by LoneStarMike

It's not condos. It's 135 efficiency apartments for single people making less than $27,000 per year.

http://www.foundcom.org/news-and-events/capitalstudios/

According to the website, only 20-30% of the residents are expected to have a car. This is great for downtown and for the residents(what better place to be car-less in Austin other than downtown/campus area). Also, I think this adds more value(IMO) to downtown as most units built are for wealthier people who probably still drive most places.

Kotliz · #**1988** Posted **Apr 17, 2013, 2:08 PM**

Construction begins at Seaholm plant
http://www.kxan.com/dpp/news/local/a...-seaholm-plant

The ATX · #**1989** Posted **Apr 17, 2013, 3:15 PM**

Based on the recent "good" news about the start of this project, it seems only the parking garage and the re-development of the power plant are starting. The 30-story apartment building and the rest are still uncertain.

corvairkeith · #**1990** Posted **Apr 17, 2013, 5:07 PM**

The Tower crane is going up today at the Corazon Apartments site.

Austin_Expert · #**1991** Posted **Apr 18, 2013, 12:10 AM**

Quote:

Originally Posted by Hill Country

Based on the recent "good" news about the start of this project, it seems only the parking garage and the re-development of the power plant are starting. The 30-story apartment building and the rest are still uncertain.

That's not the way I understand this news. It says the entire project, 30 story apartment tower and retail included is scheduled for completion in 2015.

wwmiv · #**1992** Posted **Apr 18, 2013, 12:22 AM**

Quote:

Originally Posted by Austin_Expert

That's not the way I understand this news. It says the entire project, 30 story apartment tower and retail included is scheduled for completion in 2015.

Yes. Early 2015. I think the tower will be starting promptly, given that that's only a year and a half-ish away. This also happens to be a very complex development, with a decently large tower. It's 30 stories, and the rendering seems to be significantly detailed.

Syndic · #**1993** Posted **Apr 18, 2013, 1:02 AM**

I drove by Seaholm today and was surprised to see that some work has already started. There's a construction trailer and large dumpster on site (on the Cesar Chavez side) and some landscaping work seems to have begun.

lzppjb · #**1994** Posted **Apr 18, 2013, 1:04 AM**

I may have misunderstood one of the stories, but I thought the plant would be done in early 2015 and the tower in late 2015. Maybe I'm crazy.

JoninATX · #**1995** Posted **Apr 18, 2013, 1:35 AM**

My understanding is that all of Seaholm including the 30 story tower is or will be U/C soon.

The ATX · #**1996** Posted **Apr 18, 2013, 1:49 AM**

I hope everyone is right about the Seaholm project starting in its entirity. (They did apply for a tower crane permit last October. But as we have seen recently, that doesn't seem to guarantee an imminent groundbreaking.) I would sure like to see someone besides Gables going forward in that area. Trammel-Crow seems to have let the current boom bypass them.

Austin1971 · #**1997** Posted **Apr 18, 2013, 5:42 PM**

Hopefully 3rd and Colorado might get built sooner rather than later.......

Jan BuchholzStaff Writer- Austin Business Journal

http://www.bizjournals.com/austin/bl...ty-austin.html

Cousins officials announced a year ago that the company would break ground late last year on the 30-story office tower. That didn’t happen, but plans might be coming together based upon Greeves’ comments Wednesday in a phone conversation with the Austin Business Journal.......

austin242 · #**1998** Posted **Apr 18, 2013, 6:12 PM**

I honestly would rather wait 10 years and get retail up in that bitch. I don't think offices should be built in seaholm it pisses me off. It should be something cool. I would honestly rather the city have put money into that and made a farmers market themselves than have had a new central library.

WestAustinite · #**1999** Posted **Apr 19, 2013, 3:09 AM**

Quote:

Originally Posted by austin242

I honestly would rather wait 10 years and get retail up in that bitch. I don't think offices should be built in seaholm it pisses me off. It should be something cool. I would honestly rather the city have put money into that and made a farmers market themselves than have had a new central library.

Once 2nd st is extended and Seaholm becomes the obvious retail bookend to downtown, Council will regret having ever benn talking into allowing office use by developers with a short term focus on their own ROI and not the greater good of having. Truly impressive retail or cultural destination spot. You can put 117,000 SF of office space in any office tower but you will never have another Seaholm. A "once every few generation" opportunity lost...

AusTex · #**2000** Posted **Apr 19, 2013, 12:44 PM**

Quote:

Originally Posted by WestAustinite

Once 2nd st is extended and Seaholm becomes the obvious retail bookend to downtown, Council will regret having ever benn talking into allowing office use by developers with a short term focus on their own ROI and not the greater good of having. Truly impressive retail or cultural destination spot. You can put 117,000 SF of office space in any office tower but you will never have another Seaholm. A "once every few generation" opportunity lost...

I agree...a lost opportunity for many years at least!

I wonder if Council is regretting selling Green as one piece to one company? Green reminds me of when I was in school in Los Angeles in the 1980's and their City Council did the same thing with California Plaza on Bunker Hill. It took years to finish and several big changes to the plan...including not building one tower. I hope we get a great cityscape change with Green, however, their latest version could be built anywhere USA. I hope the delay means a better product. Matching twin towers do not belong on the water front IMO.