AUSTIN | Project Updates Thread Part II

[enragedcamel]

Man, I check this forum every day for announcements of a second supertall.

When. WHEN?!?

[427MM]

Originally Posted by Urbannizer

Rumor also floating around that in the next ~5 years West 4th nightclubs will be in jeopardy..

Seems like a good time to finally give unlimited height/FAR bonus (better zoning) to the NW corner of downtown.

[urbancore]

Scrim and contractor signs up at the Old Le Bare on Riverside.

[We vs us]

Originally Posted by urbancore

Scrim and contractor signs up at the Old Le Bare on Riverside.

That's not part of the Firestone property, is it? If not, it's right next door.

[gabetx]

Originally Posted by urbancore

Scrim and contractor signs up at the Old Le Bare on Riverside.

What is going on there again? Is that part of the whole Statesman site redevelopment?

[kingkirbythe....]

El Mercado's downtown Austin property sold; site to be redeveloped

https://www.statesman.com/story/business...owntown-austin-property-sold/7090482001/

After almost three decades, El Mercado Restaurant Uptown will serve its last enchiladas and margaritas on Monday, as the site of the downtown Austin fixture on Lavaca Street is being sold for redevelopment.

Co-owner Tony Villegas said he and his partners have sold the property at 17th and Lavaca streets, where the Tex-Mex restaurant has been operating since 1993.

The buyer is Infra Tech Ventures, a company that is primarily a hotel developer based in Corpus Christi, said Sam Calliham with Harrison-Pearson Associates, who represented Infra Tech in the purchase.

El Mercado's downtown site had been coveted by developers through the years and received other offers. The ultimate sales price — which was "between $8 million and $9 million" — was one he and his partners couldn't pass up, Villegas said.

...

Tony Villegas said that over the past five years, various companies have made offers on the Lavaca Street property.

"But then it heated up about a year ago to the point that we had about seven to eight developers sending us offers," he said in an email.

[Urbannizer]

Texas Bankers Association

[Echostatic]

Good to see anything new being built in that corner of downtown. It's pretty sad over there.

[The ATX]

The tallest lists in the sticky development thread were just updated.

[AusTex]

Thanks The ATX

By this summer;
12 of the top 20, all over 500' tall, will be underway.
7 over 600' tall,
4 over 700' tall,
2 over 800' tall,
1 at 1,022' tall.

For perspective Austin today has only 2 towers over 600'. 7 more will be underway by this summer.

Just WOW! This is sleepy Austin I moved to 29 years ago because it was, well a Big Town/Small City, no traffic at rush hour, the 15 minutes to anywhere rule, and the tallest building built a decade earlier stood at 401'. Now we are talking a DT building boom within a boom. An outright explosion of skyscrapers and a supertall; tallest in Texas. As Grannie would of said, "My Word."

[enragedcamel]

Would love to get a 1200+ footer at some point. That'd truly make us a world-class city, as it would be in the Top 10 tallest in North America.

[wwmiv]

Originally Posted by enragedcamel

Would love to get a 1200+ footer at some point. That'd truly make us a world-class city, as it would be in the Top 10 tallest in North America.

The old post office block.

[hookem]

Originally Posted by austin242

Portland seems to manage to have everything. However Portland has a buck ton more retail and rail.

I’m pretty late seeing this response, but it strikes me…

99% of the cities in this country would probably say that about Austin. Not the retail and rail, but just seems to get everything.

[SproutingTowers]

Originally Posted by enragedcamel

Would love to get a 1200+ footer at some point. That'd truly make us a world-class city, as it would be in the Top 10 tallest in North America.

The Railyard?

[Urbannizer]

Cady Lofts

https://www.hancockna.org/www/taxonomy/term/15

Megan Lasch (Consultant) with Saigebrook Development (https://saigebrook.com), SGI Ventures, O-SDA Industries have partnered in this development project. They are Texas-based, women-owned firms working with the Housing Authority of Austin (HACA) to build 100 continuum-of-care studio units located on 3 lots of land at 39th St and I-35, 1004-1008 E 39th St. Currently the lots are zoned SF3 and LO-MU. The owners of the building will be SGI Ventures and HACA.They have applied to the city for a zoning change to MF-6-NP and a FLUM amendment from single use and mixed use office to multi-family. This would allow them the greatest flexibility in building height and setbacks but their proposal is building only to a height of 45 feet with setbacks of 7.5 and 26 feet.

The necessary applications have been filed with the city and state with a proposed construction start date of January-March 2023 and a 15 month completion timeline.

https://www.crexi.com/properties/438449/texas-residential-lot

[kingkirbythe....]

Brush Square’s Downtown Park Transformation Enters First Phase

https://austin.towers.net/brush-squares-downtown-park-transformation-enters-first-phase/

The long-awaited first phase in a slate of upgrades to Brush Square in downtown Austin is moving forward after receiving the approval of its construction contract from City Council late last month, meaning it could soon be much less of a stretch to call this area “Brush Square Park.” These improvements aim to bring the square forward as a better public space and event venue, as a number of surrounding developments and upcoming transit improvements raise its pedestrian profile — not unlike the recent transformation of Republic Square into a more active downtown park.

[Urbannizer]

Originally Posted by Urbannizer

Johnson Healthcare Real Estate Begins 101,000-Square-Foot Medical Office Building in Austin, TX

[Urbannizer]

Capitol Studios

[Echostatic]

Projects like this should be going up all throughout Clarksville, Zilker, Travis Heights, everywhere within three miles of downtown. But they're restricted to a few streets.

[kingkirbythe....]

The Rainey Street District’s Trailhead Park Project Kicks Off This Summer

https://austin.towers.net/the-rainey-street-districts-trailhead-park-project-kicks-off-this-summer/

Three years and one pandemic after its first appearance in 2019, the long-awaited plan for a new “Trailhead” park providing enhanced access to the Hike-and-Bike Trail on the far south end of the Rainey Street District in downtown Austin is moving forward. The project’s development partners at the Trail Foundation nonprofit and the city’s Parks and Recreation Department expect to seek council approval of the plan this spring, with the approximately one-year construction period currently scheduled to begin at the 1.58-acre tract of city parkland at the southwest corner of East Avenue and Cummings Street by late summer 2022.