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  #341  
Old Posted Jun 25, 2014, 4:16 AM
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June 24, 2014





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  #342  
Old Posted Jun 25, 2014, 10:46 PM
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Whole Foods is moving into the office floors. They will not be moving into the proposed Shoal Creek Walk tower.

http://www.mystatesman.com/news/business/whole-foods-expands-adds-new-40000-square-foot-lea/ngSP6/
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  #343  
Old Posted Jun 25, 2014, 11:07 PM
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I'm kind of glad actually that the Shoal Creek Walk tower possibly won't get built. It went from being short, to tall, to taller, to shorter. I'd rather not have a 15-story tower on a lot that could support a 30 to 50-story tower. The fact that a CVC runs through that lot means whatever gets built there will have to be tall because of the narrow lot.
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  #344  
Old Posted Jun 26, 2014, 12:30 AM
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This building is pretty big especially looking at it from the south. The renderings didn't really convey the shape of the building, at least from my perspective.
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  #345  
Old Posted Jun 26, 2014, 12:39 AM
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It appears to be topped out except for the mechanical screening.
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  #346  
Old Posted Jun 26, 2014, 12:56 AM
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It's not finished yet. I spoke with a worker at Whole Foods who said the top floor has encountered minor errors -- They're having to tear down a few walls. It would appear they still have the roof/pool/lounge/gym to build. If you go to their website they have very detailed renders of them....I am too lazy to photobucket the pics.
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  #347  
Old Posted Jun 26, 2014, 1:07 AM
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Quote:
Originally Posted by ahealy View Post
It's not finished yet. I spoke with a worker at Whole Foods who said the top floor has encountered minor errors -- They're having to tear down a few walls. It would appear they still have the roof/pool/lounge/gym to build. If you go to their website they have very detailed renders of them....I am too lazy to photobucket the pics.
I'm feeling a little lazy too. But here's the website which I haven't seen before:
http://liveatbowie.com/
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  #348  
Old Posted Jun 26, 2014, 7:09 PM
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I'm feeling a little lazy too. But here's the website which I haven't seen before:
http://liveatbowie.com/
Aw, man. Those views.
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  #349  
Old Posted Jun 26, 2014, 7:15 PM
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My lovely company (whole foods) is taking over the office space here. Again, too lazy to find article. BUT ITS AWESOME!
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  #350  
Old Posted Jun 26, 2014, 8:14 PM
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Originally Posted by ahealy View Post
My lovely company (whole foods) is taking over the office space here. Again, too lazy to find article. BUT ITS AWESOME!
I linked to it a few posts up.
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  #351  
Old Posted Jun 27, 2014, 5:34 AM
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My lovely company (whole foods) is taking over the office space here. Again, too lazy to find article. BUT ITS AWESOME!
Yeah but there goes the "planned" 20 story office building they were going to put up. They told the AAS today they are not following through with it now, obviously
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  #352  
Old Posted Jun 27, 2014, 3:13 PM
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Schlosser Development Corporation (not Whole Foods) was going to develop the tower on the current parking lot across from Whole Foods' HQ. And for the past few years, my source at WF said she would be shocked if it were ever developed in its planned form.

It sounded like negotiations broke down months ago (if not longer).

So, with WF taking 40M SF of space in The Bowie, pretty much proves that the Shoal Creek Walk project has been mothballed (which I believe happened many months ago).
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  #353  
Old Posted Jun 27, 2014, 4:19 PM
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So, with WF taking 40M SF of space in The Bowie, pretty much proves that the Shoal Creek Walk project has been mothballed (which I believe happened many months ago).
Actually it hasn't been mothballed, however, without Whole Foods it might not move forward very fast. Schlosser submitted a restrictive covenant amendment request yesterday (Thursday) for the property https://www.austintexas.gov/devreview/b_showpublicpermitfolderdetails.jsp?FolderRSN=11172403, and I know they have had a number of issues with drainage remediation for the parking lot they plan to build on, which is in a flood plain. They've been trying for months to resolve that issue. If you've ever parked there you've seen the signs all over the lot stating that you are parking at your own risk because the parking lot floods during heavy rainstorms. So far every plan they've come up with for drainage remediation has been rejected by the city.
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  #354  
Old Posted Jun 27, 2014, 5:36 PM
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Quote:
Originally Posted by GoldenBoot View Post
So, with WF taking 40M SF of space in The Bowie, pretty much proves that the Shoal Creek Walk project has been mothballed (which I believe happened many months ago).
40M square feet? Are they adding another 100 floors to the Bowie?
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  #355  
Old Posted Jun 27, 2014, 6:36 PM
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40M square feet? Are they adding another 100 floors to the Bowie?
M is the Roman Numeral for 1,000.
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  #356  
Old Posted Jun 27, 2014, 7:34 PM
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M is the Roman Numeral for 1,000.
It's also the commonly accepted abreviation for million. In real estate, we use K, as in 40K sf, to designate 1,000.
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  #357  
Old Posted Jun 27, 2014, 8:10 PM
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I personally would have written it as 40K, but I was giving him the benefit of the doubt.
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  #358  
Old Posted Jun 28, 2014, 8:29 PM
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Quote:
Originally Posted by AusTxDevelopment View Post
It's also the commonly accepted abreviation for million. In real estate, we use K, as in 40K sf, to designate 1,000.
Actually, in CRE Finance, we use "M" to designate 1,000 and "MM" to designate 1,000,000 (for both monetary increments as well as for SF). Neither is incorrect.
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AUSTIN (City): 1,002,632 +4.64% - '20-'25 | AUSTIN MSA (5 counties): 2,620,945 +14.78% - '20-'25
SAN ANTONIO (City): 1,548,422 +8.03% - '20-'25 | SAN ANTONIO MSA (8 counties): 2,813,140 +9.97% - '20-'25
AUS-SAT REGION (MSAs/13 counties): 5,434,085 +12.24% - '20-'25 | *SRC: US Census*
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  #359  
Old Posted Jul 11, 2014, 1:58 AM
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As of today there's a tree up on the roof for the topping out ceremony
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  #360  
Old Posted Jul 14, 2014, 1:21 PM
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From July 10th

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