AUSTIN | 70 Rainey | 419 FEET | 34 FLOORS | Complete - Page 10

Cd1076 · #1 Posted **Jun 8, 2015, 1:21 PM**

Here's a bit of backstory on the vote:

• Video Link

Urbannizer · #2 Posted **Jul 28, 2015, 6:19 AM**

From 70 Rainey's FB Page

ahealy · #3 Posted **Jul 28, 2015, 4:51 PM**

rumor has it this one has troubles and is maybe probably not gonna happen. I like that penthouse shot tho.

wwmiv · #4 Posted **Jul 28, 2015, 6:13 PM**

I never really expected this one to happen. The renderings were always slightly too amateur hour.

ahealy · #5 Posted **Jul 28, 2015, 8:46 PM**

Quote:

Originally Posted by wwmiv

I never really expected this one to happen. The renderings were always slightly too amateur hour.

Yeah, the design was not very memorable. I'm not a fan of "if building A and building B had a baby" process that developers are using. It's like déjà vu nightmare. I feel bad because I'm friends with some of the local folks working on this....apparently the developer is like 12 lives in NYC.

austlar1 · #6 Posted **Jul 28, 2015, 9:41 PM**

Quote:

Originally Posted by ahealy

Yeah, the design was not very memorable. I'm not a fan of "if building A and building B had a baby" process that developers are using. It's like déjà vu nightmare. I feel bad because I'm friends with some of the local folks working on this....apparently the developer is like 12 lives in NYC.

What is the name of the local Sackman. C.J. Sackman seems to be the spokesman regarding the Austin project, and he is not a youngster and does not live in Austin. According to the Sackman Enterprises website, C.J. has been doing deals since the 1980s. He is probably the founding Sackman's son. Perhaps there is a third generation Sackman involved in the Austin project?

The ATX · #7 Posted **Jul 28, 2015, 9:50 PM**

The last post on their Facebook Page which was 07/10 says they will be taking registrations "soon." I guess we need to see if that happens.

ClendonRoss · #8 Posted **Jul 29, 2015, 3:09 PM**

Quote:

Originally Posted by The ATX

The last post on their Facebook Page which was 07/10 says they will be taking registrations "soon." I guess we need to see if that happens.

I received a "Preferred Lenders" email from them on 7/16.

GoldenBoot · #9 Posted **Jul 28, 2015, 9:54 PM**

Quote:

Originally Posted by austlar1

What is the name of the local Sackman. C.J. Sackman seems to be the spokesman regarding the Austin project, and he is not a youngster and does not live in Austin. According to the Sackman Enterprises website, C.J. has been doing deals since the 1980s. He is probably the founding Sackman's son. Perhaps there is a third generation Sackman involved in the Austin project?

CJ Sackman is 27 years old (Sackman's Director of Development). You might be confusing him with Carter Sackman?!?

CJ now lives in Austin.

70Rainey is not Sackman's only project in town. They are working on a multifamily development on Burnet Rd. as well.

austlar1 · #10 Posted **Jul 28, 2015, 10:01 PM**

Quote:

Originally Posted by GoldenBoot

CJ Sackman is 27 years old (Sackman's Director of Development). You might be confusing him with Carter Sackman?!?

CJ now lives in Austin.

Yes, I thought Carter was C.J. since I could find no mention of C.J. on the Sackman website.

MichaelB · #11 Posted **Jul 28, 2015, 6:30 PM**

Wasn't the deal on the "pocket park" beside this location just reached in the last few weeks?
Or am I thinking of another project?

wwmiv · #12 Posted **Jul 28, 2015, 6:35 PM**

That was months ago, but yes it was this project.

KevinFromTexas · #13 Posted **Jul 28, 2015, 8:58 PM**

Bummer. I actually really like the design of this one. I'd take it over several others any day.

The ATX · #14 Posted **Jul 28, 2015, 9:05 PM**

Their two Austin projects have both been met with opposition - especially the one on Burnet Rd. Maybe they just felt it wasn't worth the effort - if the rumor is true.

GoldenBoot · #15 Posted **Jul 28, 2015, 9:08 PM**

I thought this was like the Manchester's...where daddy (the boss) lives in another town and the son moved his family to Austin to run his first major development?!?

I'm pretty sure that is the case with Sackman.

Ahealy - out of curiosity...what are the reasons you are hearing that this project isn't going to happen? They are spending a hell of a lot of marketing money on it already.

MichaelB · #16 Posted **Jul 28, 2015, 9:11 PM**

Did some looking back. So the deal was made June 24th to allow that "park" to be used for construction..... that's pretty recent dealings to be considering to walk.
But then again..... they walked away from discussions before. Felt odd.
I say if they are gonna flake.... do it now!

BuzzBuzzEva · #17 Posted **Aug 11, 2015, 8:38 PM**

Just got an email from 70 Rainey with 2 new renderings! Both are interior featuring a large 3 bedroom unit as well as a 2-story sub-penthouse unit.

You can see the images and follow the development for all other updates at https://www.buzzbuzzhome.com/seventy-rainey

paul78701 · #18 Posted **Aug 25, 2015, 9:53 PM**

ABJ: Latest Rainey Street tower moves ahead after compromise

http://www.bizjournals.com/austin/bl...ess+Journal%29

GoldenBoot · #19 Posted **Aug 25, 2015, 10:15 PM**

Sweet! November start date. Looking forward to the release of the new renderings.

The ATX · #20 Posted **Aug 25, 2015, 10:19 PM**

Are those photos with the ABJ article of site prep for 70 Rainey - or just random photos to add visuals to the article?