AUSTIN | Project Updates Thread Part II - Page 204

Jdawgboy · #**4061** Posted **Jun 12, 2017, 7:18 AM**

Interestingly enough that comparison picture of the skyline was the subject of KVUE's verification segment tonight. They verified it obviously though they never considered that the 2017 pic was taken from the Zilker Clubhouse, rather they used the view from Mopac.

KevinFromTexas · #**4062** Posted **Jun 12, 2017, 7:49 AM**

Quote:

Originally Posted by The ATX

Here's a flyer for "9th & Nueces":

http://www.leadaustin.com/wp-content...pment-Site.pdf

It would be 120' (5-1 FAR) without a density bonus which is about the height of the rendering. With a density bonus it could be 200' (8-1 FAR).

About a quart of that block has a CVC running through it. The portion where this project is planned isn't affected. I know that's a little bit outside of the heart of downtown, though, technically still within the official boundary lines of it, but I would really like to see something tall there. We really are running out of places where something tall can go, so I wish developers would aim big on these lots with no CVC on them.

sammyk · #**4063** Posted **Jun 12, 2017, 3:44 PM**

Quote:

Originally Posted by danny1010

Hi all,

I've been a long time regular reader of the forum, but don't post much. I appreciate all of the info, knowledge, and pictures you all have shared over the years!

I thought you all would be the perfect sources to confirm or refute if the following pic (the 2017 one) is real or has been photoshopped. I have a friend who is debating that Austin is really that dense. I recognize that it's a different angle/perspective, but I don't believe it's been photoshopped.

Her point was that if 360 and Frost Bank switched places between the two pictures, the perspective view of 360 would look different (not "straight on" as in both pictures). My thoughts are if there are pictures from a similar vantage point with 360 and Frost that it would show that you can get relative perspectives and still look "straight on" to the naked eye.

Any help would be much appreciated!

Looks like this got some attention from KVUE:

http://www.kvue.com/news/local/verif...ress/447912245

AusTxDevelopment · #**4064** Posted **Jun 12, 2017, 9:27 PM**

Quote:

Originally Posted by sammyk

Looks like this got some attention from KVUE:

http://www.kvue.com/news/local/verif...ress/447912245

Its amazing how far that before/after picture traveled. I saw it referenced by someone on linkedin as well.

I didn't post the before/after picture anywhere except on the Independent thread here in this forum, but I forgot about The Google. Although the source of the 2017 photo was properly listed earlier in the thread (Brian Cole Photography), I was just doing a quick comparison and didn't think I needed to re-credit it for the people on this forum. However if I post something like that on here again I'll definitely put the credit for the original photographer/source ON the photo just in case it escapes the forum again. Lesson learned.

Jdawgboy · #**4065** Posted **Jun 13, 2017, 1:43 AM**

Quote:

Originally Posted by AusTxDevelopment

Its amazing how far that before/after picture traveled. I saw it referenced by someone on linkedin as well.

I didn't post the before/after picture anywhere except on the Independent thread here in this forum, but I forgot about The Google. Although the source of the 2017 photo was properly listed earlier in the thread (Brian Cole Photography), I was just doing a quick comparison and didn't think I needed to re-credit it for the people on this forum. However if I post something like that on here again I'll definitely put the credit for the original photographer/source ON the photo just in case it escapes the forum again. Lesson learned.

I was quite surprised as well. Was not expecting that comparison pic to have a segment on the news. What suprises me even more is that people haven't noticed that DT has grown significantly since 2010. I'm assuming what threw many off was the location of Frost in each pic but that's easily explained because the second pic wasn't taken from the same location as the first. It's kinda funny that they felt it necessary to actually have a reporter drive around looking for the angle to verify it lol.

austlar1 · #**4066** Posted **Jun 13, 2017, 4:00 AM**

Quote:

Originally Posted by Jdawgboy

I was quite surprised as well. Was not expecting that comparison pic to have a segment on the news. What suprises me even more is that people haven't noticed that DT has grown significantly since 2010. I'm assuming what threw many off was the location of Frost in each pic but that's easily explained because the second pic wasn't taken from the same location as the first. It's kinda funny that they felt it necessary to actually have a reporter drive around looking for the angle to verify it lol.

Everybody is too busy bitching about new buildings only being 400 feet tall to notice the amazing density that is developing downtown. You can be blown away approaching downtown from several directions today, It is not an optical illusion. Downtown Austin has become a real urban space.

JoninATX · #**4067** Posted **Jun 13, 2017, 6:18 AM**

As Austin fills in I wish developers would be more creative. The only project that stands out is The Independent. Just getting tired of seeing the same thing.

austlar1 · #**4068** Posted **Jun 13, 2017, 6:54 PM**

Yes, I agree with that. It is a lot of ugly dark glass. I don't mind the fact buildings aren't super tall, but they should create visual interest. This is not happening. I think this Austin Proper building might turn out to be a looker. Sure hope so.

drummer · #**4069** Posted **Jun 13, 2017, 11:34 PM**

Quote:

Originally Posted by austlar1

Everybody is too busy bitching about new buildings only being 400 feet tall to notice the amazing density that is developing downtown. You can be blown away approaching downtown from several directions today, It is not an optical illusion. Downtown Austin has become a real urban space.

Quote:

Originally Posted by JoninATX

As Austin fills in I wish developers would be more creative. The only project that stands out is The Independent. Just getting tired of seeing the same thing.

Quote:

Originally Posted by austlar1

Yes, I agree with that. It is a lot of ugly dark glass. I don't mind the fact buildings aren't super tall, but they should create visual interest. This is not happening. I think this Austin Proper building might turn out to be a looker. Sure hope so.

Agree on all accounts. I think Proper is going to look great, and it will have a place of prominence, even when whatever the tower to the south will be gets built.

lzppjb · #**4070** Posted **Jun 14, 2017, 10:40 PM**

http://www.statesman.com/business/ex...9hdSUzmIIKCIM/

53-room boutique hotel at the Commodore Perry Estate.

Opening 2019

MichaelB · #**4071** Posted **Jun 15, 2017, 1:52 AM**

Quote:

Originally Posted by lzppjb

http://www.statesman.com/business/ex...9hdSUzmIIKCIM/

53-room boutique hotel at the Commodore Perry Estate.

Opening 2019

That's wonderful news. It's such a beautiful house inside and out.
And that land!
Happy to see the folks behind it value the architecture and have other "iconic " properties.
Also ... Liz Lambert and Bunkhouse are involved! Thats a cool twist!

ILUVSAT · #**4072** Posted **Jun 15, 2017, 2:12 AM**

Quote:

Originally Posted by MichaelB

That's wonderful news. It's such a beautiful house inside and out.
And that land!
Happy to see the folks behind it value the architecture and have other "iconic " properties.
Also ... Liz Lambert and Bunkhouse are involved! Thats a cool twist!

Greg Marchbanks' real estate and private equity investment firm is a team member (The Marchbanks Company). Marchbakns, Bill Gernstein, and Lambert joined forces to co-create Bunkhouse. However, Liz and Bunkhouse are not involved in this project.

Auberge has been tapped, obviously, to manage this property. A world-renowned, luxury brand. Very, very exciting for Austin. Auberge is a superb company!

MichaelB · #**4073** Posted **Jun 15, 2017, 2:34 AM**

Quote:

Originally Posted by ILUVSAT

Greg Marchbanks' real estate and private equity investment firm is a team member (The Marchbanks Company). Marchbakns, Bill Gernstein, and Lambert joined forces to co-create Bunkhouse. However, Liz and Bunkhouse are not involved in this project.

Auberge has been tapped, obviously, to manage this property. A world-renowned, luxury brand. Very, very exciting for Austin. Auberge is a superb company!

Got it. Thanks. Good info.
Great project.
High hope!

The ATX · #**4074** Posted **Jun 16, 2017, 4:16 AM**

Quote:

Originally Posted by We vs us

FYI, the city council approved the Hilton/ACC connector at today's meeting.

EDIT: Whoops, posted in wrong thread, wanted to put this in the general Update thread. Mods?

It's easier to just quote and x-post it than to actually move it.

Urbannizer · #**4075** Posted **Jun 16, 2017, 12:15 PM**

The five hottest markets for retail commercial real estate - Austin #4

Quote:

The five hottest retail commercial real estate markets in the U.S. share one characteristic – they are in the two most southern states of the continental U.S.

They also share other characteristics. They are seeing gains in retail that surpass national averages, driven by population growth, housing metrics and overall stronger economies, said Peter Muoio, chief economist at Ten-X, a leading online real estate marketplace.

Three of the top five “buy markets” in the retail sector are in Florida and two are in Texas. All five are characterized by low vacancies and strong demographics, according to Ten-X’s latest quarterly report on commercial real estate.

An entirely different story explains why Austin joins its sister Texas city in the top five. While it’s far away geographically from the Bay Area, Austin can be characterized as a hot tech market, Muoio said.

The city’s population is exploding, growing at more than triple the national rate, and paired with an unemployment rate of about 3.5 percent, the retail sector benefits from excellent demographics and a solid economic backdrop.

With decreasing vacancy rates and no significant supply risk, Austin is in a “sweet spot in terms of strong demand coming from population growth and income that’s being generated in the tech industry,” Muoio said.