AUSTIN | 99 Trinity Tower | FEET | FLOORS | Proposed

[Maximusx1]

Originally Posted by Urbannizer

Back on the market:

https://www.linkedin.com/posts/jcoddingt...w?utm_source=share&utm_medium=member_ios

Excellent news. This is one of the top three most important undeveloped properties left downtown in my opinion. I'd be hoping for something like a 50+ story Grand Hyatt to open around the same time as the new convention center will be coming online.

[GoldenBoot]

Originally Posted by Maximusx1

Excellent news. This is one of the top three most important undeveloped properties left downtown in my opinion. I'd be hoping for something like a 50+ story Grand Hyatt to open around the same time as the new convention center will be coming online.

Don't know (or care, really) about the brand - but, I would be shocked if whatever is built on this site did not include lodging.

From a lodging market perspective - Austin is okay right now. However, in the mid-to-long-term, we will need more rooms. Expect to see new developments go vertical in the coming 12-24 months with deliveries within +/- 12 months of the opening of the new convention center (2029ish).

[Geckos_Rule]

Originally Posted by GoldenBoot

Don't know (or care, really) about the brand - but, I would be shocked if whatever is built on this site did not include lodging.

From a lodging market perspective - Austin is okay right now. However, in the mid-to-long-term, we will need more rooms. Expect to see new developments go vertical in the coming 12-24 months with deliveries within +/- 12 months of the opening of the new convention center (2029ish).

I agree. With this being almost exactly between the convention center and Rainey, I can't imagine anything other than either a hotel, or a hotel + condos/apartments.

[We vs us]

That parcel is about a half block in size, which matches the footprint of the Marriott Downtown. I think everyone's right that a hospitality use is almost certain here, but it'll probably not be as big as the JW, Fairmont, or Hilton. My guess is it either mirrors the Marriott (single tower, about 400 ft, 600 guestrooms or so) or it'll be a mixed use building -- maybe 250 keys and then either condos or rentals for the rest of the tower. More like our long lost Conrad.

[Urbannizer]

Under Contract:

https://invest.jll.com/us/en/listings/land/99-trinity

[Urbannizer]

I initially put ~1,000 feet in the title but it's difficult to get a good read on this one. The rendering makes it look larger than it may turn out to be.

https://www.texasglobalequity.com/99-trinity-street#top

Located between the Austin Convention Center, Lady Bird Lake, the Four Seasons complex, and the base of the Waterloo Greenway.

Vibrant lifestyle hotel with branded residences, complemented by entertainment-driven F&B, live music, and event programming.

[drummer]

^ Is this assuming the Lakeside Apartments go away?

[Urbannizer]

Early rough rendering where they omitted Lakeside for a better look.

Reminds me of Wells Fargo in Houston.

[drummer]

That makes sense. Hard to tell from this type of rendering if it would have included their plot of land as well.

[Riverranchdrone]

And here I thought Austin would slow down for a bit. Is this the start of Austin's next great building boom?

[GoldenBoot]

I wouldn't give either of these (3rd & Congress & 99 Trinity) the time of day until the developer OWNS the land and site development plans have been submitted to the city.

Until those two things are met (at least), these are "visions."

[The ATX]

Originally Posted by GoldenBoot

I wouldn't give either of these (3rd & Congress & 99 Trinity) the time of day until the developer OWNS the land and site development plans have been submitted to the city.

Until those two things are met (at least), these are "visions."

Exactly.

[wwmiv]

Design and rendering look AI generated. Hope it gets redesigned if it’s real (doubtful, like the other one).

[ILUVSAT]

IF anything eventually gets built on this site - there is an extremely good change it will look a lot different.

However, I would have to respectfully disagree with you - I love this design and hope it would not change. It's sleek and different from anything else in Austin. Nonetheless, we're all bantering about a vision of some developer who does not even own the land.

[Urbannizer]

I just ran this through an AI detector---it's a real rendering.

[Syndic]

Originally Posted by GoldenBoot

Groundbreaking is currently planned to take place next month; June (2014).

Man, going back and reading the history on this one is really hilarious. We actually thought WCCG wasn't a massive fraud.

[urbancore]

Originally Posted by Syndic

Man, going back and reading the history on this one is really hilarious. We actually thought WCCG wasn't a massive fraud.

I was hired for this project to market/list the apartments for lease. I met with the team hired to build. I had a copy of the plans, helped work on the floorplans, unit mix, pricing, etc. I took many meetings at the Frost Bank Tower in anticipation of the ground breaking.

I know more that I can't get into, but suffice to say, this was a real project with real builders/agents/designers working on it. (GDA for instance)


Not making excuses, I too had the wool pulled out from under me, but it was not always obvious this particular project was a fraud. The other WCCG projects, who knows. But 100%, 99 was real....until it wasn't.

Years later, (post Fed raid) I presented a huge offer for the dirt (ten's of millions) it was rejected and never even countered. That is when I thought something was really weird.