AUSTIN | Project Updates Thread Part II - Page 33

Jdawgboy · #**641** Posted **Jun 14, 2014, 10:57 PM**

Finally got a good look at the new signes on the BOA tower and it's BOA lol. After all these years, they just now decided to put their branding on the tower. I wonder if there was any reason why they didn't before now?

GoldenBoot · #**642** Posted **Jun 15, 2014, 4:54 PM**

Quote:

Originally Posted by Jdawgboy

Finally got a good look at the new signes on the BOA tower and it's BOA lol. After all these years, they just now decided to put their branding on the tower. I wonder if there was any reason why they didn't before now?

New owners of the building. Stream bought the block from Tom Stacy a few years back. Having one's logo affixed to the outside of a tower is another revenue source for the owner of the building. Guess Tom didn't want logos on the outside of his buildings (or at least this one).

nygirl1 · #**643** Posted **Jun 17, 2014, 7:06 PM**

Does anyone know anything about, or have any info pertaining to the Estancia Hill Country project? It's supposed to be a multi purpose development in Manchanca. The last Bit of info I could find was from June 23rd, 2013 and it was approved for road and drainage construction.

lzppjb · #**644** Posted **Jun 17, 2014, 7:15 PM**

Land is still being cleared from what I can tell. They could very well be putting in drainage and whatnot. I drive by there every now and then.

The ATX · #**645** Posted **Jun 17, 2014, 11:52 PM**

Tower crane permit for University House (post #602):

https://www.austintexas.gov/devrevie...erRSN=11165422

cvillehorn · #**646** Posted **Jun 18, 2014, 5:34 AM**

1

AusTxDevelopment · #**647** Posted **Jun 20, 2014, 4:07 PM**

The Downtown Austin Alliance commissioned a $35K study by Urban3LLC out of Ashville, NC of the correlation between Ausitin's density and tax value, and to no one's surprise it concluded that....

Consultant: Density Paying Off For Downtown Austin
Austin-American Statesman 6/19/14
http://www.statesman.com/news/busine...-austin/ngPNx/

Some excerpts for those who can't get past the paywall:

Quote:

Minicozzi examined land-use efficiency in Travis County and what different parts of the region provide in tax value on a per-acre basis. He took into account property tax revenue as well as sales, hotel occupancy and mixed-beverage taxes.

Quote:

Due to downtown’s density, the taxable value of an acre in the city’s core is about 28 times more valuable than an acre in the city on average and 80 times more valuable than an acre in Travis County on average, Minicozzi found.

Quote:

For example, the property that is home to the Stephen F. Austin Intercontinental Hotel has a taxable value per acre of $123.6 million. By comparison, the taxable value per acre of the South Park Meadows shopping complex is about $1.3 million, according to Minicozzi.

the Genral · #**648** Posted **Jun 21, 2014, 1:28 AM**

I read the article today, it had a 'Mr Obvious' feel to it. I forget how much was paid for this study, but it was in the 5 figures. Maybe the COA was just looking for affirmation, that what they are doing is working and that they shouldn't let up. But I'm pretty sure they could have done their own appraisal for free.

Jdawgboy · #**649** Posted **Jun 21, 2014, 3:34 AM**

Quote:

Originally Posted by AusTxDevelopment

The Downtown Austin Alliance commissioned a $35K study by Urban3LLC out of Ashville, NC of the correlation between Ausitin's density and tax value, and to no one's surprise it concluded that....

Consultant: Density Paying Off For Downtown Austin
Austin-American Statesman 6/19/14
http://www.statesman.com/news/busine...-austin/ngPNx/

Some excerpts for those who can't get past the paywall:

But of course there's a lot of people who don't accept reality. I'm sure they are commenting still complaining and crying out boondoggle!!!! Since that is their favorite word.

It doesn't take rocket science to know how important the vitality of Downtown and the urban core is. I agree that the city could have done it on their own but I am glad they had a 3rd party come in to verify.

H2O · #**650** Posted **Jun 21, 2014, 12:08 PM**

Quote:

Originally Posted by Jdawgboy

But of course there's a lot of people who don't accept reality. I'm sure they are commenting still complaining and crying out boondoggle!!!! Since that is their favorite word.

It doesn't take rocket science to know how important the vitality of Downtown and the urban core is. I agree that the city could have done it on their own but I am glad they had a 3rd party come in to verify.

The study was done by the DAA, not the City of Austin.

austin242 · #**651** Posted **Jun 21, 2014, 5:33 PM**

Has anyone else noticed the new signs at 5th and colorado for a business tower that looks fairly similar to 4th and colorado or is that old news?

The ATX · #**652** Posted **Jun 21, 2014, 5:46 PM**

Quote:

Originally Posted by austin242

Has anyone else noticed the new signs at 5th and colorado for a business tower that looks fairly similar to 4th and colorado or is that old news?

There's a picture of the sign in the 5th & Colorado thread.

427MM · #**653** Posted **Jun 23, 2014, 7:03 PM**

Mayor Pro Tem Sheryl Cole speaking at the groundbreaking for the new 10-story, 300 room, duel-branded Holiday Inn Express/Hotel Indigo. These rooms look to run at far below the area average which in my opinion is pretty great.

jngreenlee · #**654** Posted **Jun 23, 2014, 7:56 PM**

Quote:

Originally Posted by 427MM

Mayor Pro Tem Sheryl Cole speaking at the groundbreaking for the new 10-story, 300 room, duel-branded Holiday Inn Express/Hotel Indigo. These rooms look to run at far below the area average which in my opinion is pretty great.

^^ Careful posting pictures of food, or else you'll have the off-season SXSW/ACLers tweeting announcements about free food at groundbreakings

AusTxDevelopment · #**655** Posted **Jun 23, 2014, 9:14 PM**

Quote:

Originally Posted by AusTxDevelopment

The Downtown Austin Alliance commissioned a $35K study by Urban3LLC out of Ashville, NC of the correlation between Ausitin's density and tax value, and to no one's surprise it concluded that....

Consultant: Density Paying Off For Downtown Austin
Austin-American Statesman 6/19/14
http://www.statesman.com/news/busine...-austin/ngPNx/

Some excerpts for those who can't get past the paywall:

If you want to see the presentation by Urban 3, the Downtown Austin Alliance has posted it here: http://www.downtownaustin.com/news-a...-now-available The Austin numbers don't start until page 94 of the 198 page slide-show. There are some really interesting comparisons and stats in this report if you have the time to go through the slide-show.

austlar1 · #**656** Posted **Jun 23, 2014, 9:43 PM**

Quote:

Originally Posted by 427MM

Mayor Pro Tem Sheryl Cole speaking at the groundbreaking for the new 10-story, 300 room, duel-branded Holiday Inn Express/Hotel Indigo. These rooms look to run at far below the area average which in my opinion is pretty great.

Now that is a real "groundbreaking". It would be nice to see something similar down the street.

MichaelB · #**657** Posted **Jun 24, 2014, 12:40 AM**

WTF?! bastard design.

corvairkeith · #**658** Posted **Jun 24, 2014, 1:12 AM**

Yeah that design would look more at home on Ben White than Red River.

ahealy · #**659** Posted **Jun 24, 2014, 2:42 AM**

fucking hideous design

JoninATX · #**660** Posted **Jun 24, 2014, 3:16 AM**

Come on guys it doesn't look that terrible. Plus not everything in Austin needs to look fabulous, and see it as more infill that we need around the city.