AUSTIN | Waterline | 1,034 Feet | 73 Floors | T/O - Page 37

urbancore · #**721** Posted **Apr 25, 2017, 4:36 PM**

I heard a rumor that there was some movement with the stalled Sutton contract with the Villas on TL. Can anyone confirm this? Unfortunately I didn't get any details.

Jdawgboy · #**722** Posted **Apr 25, 2017, 6:06 PM**

The WPP site has the potential to be an exciting and iconic destination in downtown. I agree with Kevin that the proposed buildings fall short of what could be envisioned. The site should be looked at as a gateway between the Convention District and the Rainey Street District, as well as Waller Creek. IMO the Sutton proposal really doesn't go far enough and lacks architectural significance. It's one thing to propose a big project but it's another to go bold.

It would be a disaster and a huge mistake if the city allowed anything like another Millennium development. Go tall or don't bother doing anything at all.

Geckos_Rule · #**723** Posted **Jan 26, 2018, 2:43 PM**

More soil testing is being done on these lots today, right across from the Van Zandt. Not sure if it means anything, but at least something is happening.

The ATX · #**724** Posted **Jan 26, 2018, 3:58 PM**

Quote:

Originally Posted by Geckos_Rule

More soil testing is being done on these lots today, right across from the Van Zandt. Not sure if it means anything, but at least something is happening.

My God, it's been a while since we had a post about this project.

The site plan expiration date is coming up, so I am curious as to whether or not Sutton files for an extension. I would suspect that this site is part of Austin's HQ2 bid. Developers own the Cesar Chavez frontage from the IHOP site to the 99 Trinity site, and this project along with the Town Lake Villas site are adjacent to it. That makes for a large "T" shaped parcel of land open to development.

StoOgE · #**725** Posted **Jan 26, 2018, 4:09 PM**

Quote:

Originally Posted by The ATX

My God, it's been a while since we had a post about this project.

The site plan expiration date is coming up, so I am curious as to whether or not Sutton files for an extension. I would suspect that this site is part of Austin's HQ2 bid. Developers own the Cesar Chavez frontage from the IHOP site to the 99 Trinity site, and this project along with the Town Lake Villas site are adjacent to it. That makes for a large "T" shaped parcel of land open to development.

Oh please tell me someone bought the Ihop and will tear it down soon.

ahealy · #**726** Posted **Jan 26, 2018, 4:09 PM**

Quote:

Originally Posted by The ATX

My God, it's been a while since we had a post about this project.

The site plan expiration date is coming up, so I am curious as to whether or not Sutton files for an extension. I would suspect that this site is part of Austin's HQ2 bid. Developers own the Cesar Chavez frontage from the IHOP site to the 99 Trinity site, and this project along with the Town Lake Villas site are adjacent to it. That makes for a large "T" shaped parcel of land open to development.

Yeah, good lordy....meanwhile 80% of Seaholm/Greenwater AND the library are done. I really do wonder if this will ever happen.

The ATX · #**727** Posted **Jan 26, 2018, 4:21 PM**

Quote:

Originally Posted by StoOgE

Oh please tell me someone bought the Ihop and will tear it down soon.

World Class Capital Group owns the site, and they are also behind the 99 Trinity project and 56 East. So my guess is that pancakes will be had at CC & I-35 for quite some time.

Geckos_Rule · #**728** Posted **Jan 26, 2018, 5:25 PM**

Quote:

Originally Posted by The ATX

World Class Capital Group owns the site, and they are also behind the 99 Trinity project and 56 East. So my guess is that pancakes will be had at CC & I-35 for quite some time.

Hey that's not exactly true. There's a decent chance they'll tear down the Ihop, then sit on the land and do nothing with it for 10 years.

GoldenBoot · #**729** Posted **Jan 26, 2018, 6:06 PM**

Quote:

Originally Posted by Geckos_Rule

More soil testing is being done on these lots today, right across from the Van Zandt. Not sure if it means anything, but at least something is happening.

It's not the Waller Park Place project if the samples are being taken directly across the street (to the west of the Container Bar) from the Van Zandt's entrance. Sutton and his group do not own that parcel.

Sutton's properties which constitute the Waller Park Place proposal run along and west of Red River Street - south of Cesar Chavez.

Geckos_Rule · #**730** Posted **Jan 26, 2018, 7:51 PM**

Quote:

Originally Posted by GoldenBoot

It's not the Waller Park Place project if the samples are being taken directly across the street (to the west of the Container Bar) from the Van Zandt's entrance. Sutton and his group do not own that parcel.

Sutton's properties which constitute the Waller Park Place proposal run along and west of Red River Street - south of Cesar Chavez.

It was directly across the street. Like where -- a few years ago-- Garage Mahal had their trailer.

I suppose this is off-topic for this thread now, but who owns that land?

AusTxDevelopment · #**731** Posted **Jan 26, 2018, 9:18 PM**

Quote:

Originally Posted by Geckos_Rule

It was directly across the street. Like where -- a few years ago-- Garage Mahal had their trailer.

I suppose this is off-topic for this thread now, but who owns that land?

If you mean across Davis Street, aka 91 and 93 Red River, Endeavor owns those lots and at one time planned a 200,000 square foot building there. That was a few years ago.

The ATX · #**732** Posted **Mar 30, 2018, 6:39 AM**

The ABJ has an article about this stale project. The site plan expires in a month, and no extension request has been filed. But this piece of news gives me a little bit of hope - Sutton is not part of this any more:

Quote:

Sutton Co. officials said the Waller Park Place project was bought out by McCourt more than a year ago. McCourt declined to officially comment on the timeline for this story, but sources close to the company said it's still bullish on the project.

ABJ: https://www.bizjournals.com/austin/news/...lace-may-take-austins-rainey-street.html

eskimo33 · #**733** Posted **Mar 30, 2018, 6:26 PM**

This project is not as dead as you think, there is some new momentum (within the last couple of weeks) behind the scenes being spurred on largely by the site plan expiration. The biggest hold up for this project is the tunnel not being completed...

The ATX · #**734** Posted **Mar 30, 2018, 6:34 PM**

A three year extension of the site plan has been filed:

https://abc.austintexas.gov/web/permit/p...n=11914953&t_selected_propertyrsn=879326

austlar1 · #**735** Posted **Mar 30, 2018, 6:58 PM**

Unfortunately Mccourt Global doesn't seem to build anything. They have plans (growing kind of stale) for major developments in NYC Hudson Yards, Miami, and Austin. They also hold some or all of the development rights for Chavez Ravine adjacent to Dodger Stadium in LA. The problem is than nothing seems to come from all these announcements and grand plans.

The ATX · #**736** Posted **Mar 30, 2018, 7:04 PM**

Quote:

Originally Posted by austlar1

Unfortunately Mccourt Global doesn't seem to build anything. They have plans (growing kind of stale) for major developments in NYC Hudson Yards, Miami, and Austin. They also hold some or all of the development rights for Chavez Ravine adjacent to Dodger Stadium in LA. The problem is than nothing seems to come from all these announcements and grand plans.

A bigger version of Sutton in other words.

After the site plan extension is granted, I can envision an early 2021 post in this thread along the lines of "Has anyone heard anything about this project?"

JAM · #**737** Posted **Mar 30, 2018, 7:10 PM**

Quote:

Originally Posted by eskimo33

The biggest hold up for this project is the tunnel not being completed...

Great point, as is probably most of east downtown that was counting on it. Wonder if the developer will pay the city the missing tax base that has been lost due to their screwup.......

masonh2479 · #**738** Posted **Mar 30, 2018, 7:48 PM**

Quote:

Originally Posted by The ATX

A bigger version of Sutton in other words.

After the site plan extension is granted, I can envision an early 2021 post in this thread along the lines of "Has anyone heard anything about this project?"

I sure hope this one breaks ground before then!

The ATX · #**739** Posted **Jul 8, 2018, 12:26 AM**

McCourt Global is trying to kick start this project and needs a $1 billion according to an ABJ article:

https://www.bizjournals.com/austin/news/...FbwISBiQ00fae27a&t=1531009200&j=82565061

From the article:

Quote:

McCourt Global is seeking new partners on its proposed $1 billion complex called Waller Park Place at the intersection of Red River and East Cesar Chavez streets, Real Estate Alert reports. The mega-sized mixed-use project could dramatically reshape the historic Rainey Street neighborhood, opening up space for hundreds more office workers and residents downtown.

Quote:

Originally the Waller Park Place proposal was envisioned as 1.4 million square feet, including 300,000 square feet of office and 473 residential units, according to city records. A trio of towers — 26, 53, and 45 stories at last count — would feature for-sale condos, retail and above-grade parking. There would also be 135,000-square-foot hotel.

However, those plans will likely change, especially now that McCourt is looking for new partners.

Geckos_Rule · #**740** Posted **Jul 8, 2018, 12:48 AM**

Quote:

Originally Posted by The ATX

McCourt Global is trying to kick start this project and needs a $1 billion according to an ABJ article:

https://www.bizjournals.com/austin/news/...FbwISBiQ00fae27a&t=1531009200&j=82565061

From the article:

Guess we can start a kickstarter