Austin | Railyard | Two Towers | Proposed - Page 4

We vs us · #1 Posted **Jun 6, 2021, 5:31 PM**

Why so skeptical?

migol24 · #2 Posted **Jun 6, 2021, 5:37 PM**

Quote:

Originally Posted by We vs us

Why so skeptical?

One extreme to the other. Lol

Urbannizer · #3 Posted **Jun 22, 2021, 6:14 PM**

Specs on the office building leaked? Available Jan 2025 according to the link.

https://www.loopnet.com/Listing/201-...n-TX/22548627/

Quote:

Office
2022
5 Star
36 Stories
796,208 SF
A
22,117 SF

kingkirbythe.... · #4 Posted **Jun 22, 2021, 6:57 PM**

Only 36 stories? Disappointing.

KevinFromTexas · #5 Posted **Jun 22, 2021, 7:09 PM**

I think we need a new shape, though. Sloped roofs are good and all, but Indeed Tower was enough. Having Indeed Tower, Tower 5C, and these two with sloped roofs would be kinda overkill. More variety would be good. Sometimes I think developers and architects are reading each others minds when these proposals come out.

GoldenBoot · #6 Posted **Jun 22, 2021, 7:14 PM**

I don't mind sloped rooflines. They're all different and pointing in unique directions from one another.

**36 stories is about what we've seen in the "renderings." It would yield a 550'-600' tower. I am, however, worried about a ~800,000 SF office tower being able to secure a construction facility in time to begin construction in 2022.

The ATX · #7 Posted **Jun 22, 2021, 7:40 PM**

Based on the location on the Loopnet map, this is the ATX West Tower. This isn't too far off of the marketing vision renderings. The ATX East Tower was planned as the possible supertall based on the visionary renderings.

EDIT: I count exactly 36 occupied levels on the ATX West Tower in the visionary renderings.

Sigaven · #8 Posted **Jun 22, 2021, 9:40 PM**

delete

davidberko · #9 Posted **Jun 22, 2021, 11:06 PM**

Isn't this an LA developer and they spent a ton of $$ for this prime real estate. So much for those pie in the sky renderings they've been teasing on the brochure all this time. 36 floors? Oof. Underwhelming. Big time

The ATX · #10 Posted **Jun 22, 2021, 11:29 PM**

Quote:

Originally Posted by davidberko

Isn't this an LA developer and they spent a ton of $$ for this prime real estate. So much for those pie in the sky renderings they've been teasing on the brochure all this time. 36 floors? Oof. Underwhelming. Big time

This is exactly like their brochure renderings - 36 floors for the west tower. The East tower is where the disappointed will be if it's not ~900'.

Sigaven · #11 Posted **Jun 23, 2021, 2:29 PM**

Yeah west tower looks roughly the same height as the austonian maybe even a little shorter. 36 floors plus roughly at least a 50 ft crown seems about right I suppose.

GoldenBoot · #12 Posted **Jun 23, 2021, 3:41 PM**

Quote:

Originally Posted by Sigaven

Yeah west tower looks roughly the same height as the austonian maybe even a little shorter. 36 floors plus roughly at least a 50 ft crown seems about right I suppose.

If they do end up looking like the current "renderings," then those two sections (roughly four oversized levels) of outdoor/amenity space will add height.

I do, however, don't think they have accurately depicted the height of The Austonian (and 360). It's a little hard to believe that a 36-story office tower would approach 680' (or so) in height with that specific design. The Floor-to-ceiling height average would be near 19'.

We vs us · #13 Posted **Jun 23, 2021, 4:21 PM**

Quote:

Originally Posted by GoldenBoot

If they do end up looking like the current "renderings," then those two sections (roughly four oversized levels) of outdoor/amenity space will add height.

I do, however, don't think they have accurately depicted the height of The Austonian (and 360). It's a little hard to believe that a 36-story office tower would approach 680' (or so) in height with that specific design. The Floor-to-ceiling height average would be near 19'.

I was wondering this, too. Even with the specialty levels, it's hard to picture a 36 floor building lining up with the Austonian.

KevinFromTexas · #14 Posted **Jun 23, 2021, 5:59 PM**

That rendering is distorting some of the building heights - for example, the Marriott Downtown's mechanical roof is considerably shorter than the main roof parapet of the Four Seasons Residences, even though in reality it's taller than that point. The Austonian also looks funny to me, so I wouldn't trust the heights too much. Still, the main roof parapet of The Austonian is 624 feet, and the west tower appears to be at least as high as that and probably close to 650 feet. I think the east tower is probably around 1,030 feet or so.

Also, yeah, the heights for 360 Condos are wildly off. The roof height is 472 feet and the spire goes up to 581 feet, but look at how much it towers over Northshore and Ashton, two buildings that are themselves 424 and 416 feet. That makes 360 look like it's 200 feet taller than those, which is really the height I wish it was. The W Hotel is also way short there appearing only as a 300 foot building. Oddly enough, the rest of the buildings look pretty accurate heightwise.

migol24 · #15 Posted **Nov 14, 2021, 9:45 AM**

Any word on this one?

We vs us · #16 Posted **Nov 14, 2021, 3:41 PM**

I’m curious about this one, too. The momentum seems to have stalled, compared to other major projects in the CBD.

I would hate to think this whole twin tower thing was just vapor ware.

The ATX · #17 Posted **Nov 14, 2021, 4:03 PM**

It's still featured as a development opportunity on Karlin's website. The Loopnet listing that I mentioned in a few posts back in June seems to have ended. The Railyard condos are now an Onyx Hotel called the Railyard Oasis.

GoldenBoot · #18 Posted **Nov 14, 2021, 5:12 PM**

Quote:

Originally Posted by The ATX

It's still featured as a development opportunity on Karlin's website. The Loopnet listing that I mentioned in a few posts back in June seems to have ended. The Railyard condos are now an Onyx Hotel called the Railyard Oasis.

This makes perfect sense.

Karlin spent over $100 million for that site and they can't have it sitting idle until they figure out exactly what to do with it. Receiving income from a hotel is a really good idea. This way they are not dealing with buying more people out of a condo or an apartment lease. They simply put an end to the hotel offering.

Having said that, I am curious about the deal with Onyx. How long does their management contract last and what kind of provisions are in there for earlier than expected termination?

We vs us · #19 Posted **Nov 14, 2021, 8:31 PM**

Onyx looks like an independent air bnb style operator — managing small properties, and sometimes single units. I wonder if it’s the same guy that’s been doing this all along at the Railyards…

The ATX · #20 Posted **Nov 14, 2021, 9:17 PM**

Quote:

Originally Posted by We vs us

Onyx looks like an independent air bnb style operator — managing small properties, and sometimes single units. I wonder if it’s the same guy that’s been doing this all along at the Railyards…

They had been doing it with some of the units as far back as 2012. They now have more units to offer.