Domain/North Austin Development Updates

[zrx299]

Originally Posted by We vs us

Click through and hit ESC while it loads . . . you should be able to view the whole article.

What browser are you using for that trick?
I've never been able to get that to work (tried multiple browsers).

[We vs us]

Originally Posted by zrx299

What browser are you using for that trick?
I've never been able to get that to work (tried multiple browsers).

I'm a Chrome guy, can't confirm it works on Firefox or (blech) IE.

[Novacek]

The other (ugly) option is after it loads, choose View Source. The actual text of the article is buried in the markup.

[murfnut]

http://media.bizj.us/view/img/111000...renderings.jpg
http://media.bizj.us/view/img/112327...n-tower-iv.jpg


Dallas-based Stonelake Capital Partners owns 33 acres at the south end of The Domain, the massive mixed-use development that’s becoming known as Austin's second downtown. The property is on the opposite end of The Domain from the tall office towers being developed by TIER REIT Inc. and Endeavor Real Estate Group LLC. Stonelake Managing Partner Kenneth Aboussie said this week there is “no definitive timeline” to break ground on Domain Tower IV or Domain Tower II, which was announced early last year. He said Stonelake has seven buildings planned for its 33-acre property dubbed The Domain | South End District. Only three of those buildings are complete or under construction. Four of them are currently being designed, Aboussie said. Stonelake and HPI Real Estate Services Investments are development partners on the office buildings. Stonelake has partnered with Streetlights Residential on apartment buildings in the south end district. While much of the construction remains on the drawing board, groundbreaking is expected this year on at least two buildings: Domain Tower III and The Bowen, a 340-unit, 20-story residential tower, Aboussie said. The buildings are next to each other along Altera Parkway on the northern edge of Stonelake’s property. Austin Business Journal previously reported that Domain Tower II and III would be between eight to 10 stories high and about 300,000 square feet each. Aboussie said Domain Tower III is still being designed and declined to go into detail about the size of the building. For the second and third towers, expect design similar to the original Domain Tower a 310,000-square-foot, 11-story building that has been entirely leased by the jobs website Indeed Inc., John Kiltz, founder of Stonelake Capital. Meanwhile a boutique office building with about 40,000 square feet, Domain Place, is under construction at the north end of Stonelake’s property, behind the Flatiron apartment building, Aboussie said. Stonelake will occupy 10,000 square feet at Domain Place for its Austin office while HPI is marketing the remainder of the building to prospective tenants, he said. The building is expected to be available for occupancy this fall. Construction on the 364-apartment Flatiron is nearly complete, Aboussie said. The first units will be delivered in March. Additionally, construction on Domain Tower is complete and the high-rise is up for sale, Aboussie said. Andrew Levy with HFF in Dallas has the assignment. The Domain is the second-most expensive office market in Austin behind the Central Business District

[KevinFromTexas]

Originally Posted by murfnut

http://media.bizj.us/view/img/111000...renderings.jpg
http://media.bizj.us/view/img/112327...n-tower-iv.jpg


Dallas-based Stonelake Capital Partners owns 33 acres at the south end of The Domain, the massive mixed-use development that’s becoming known as Austin's second downtown. The property is on the opposite end of The Domain from the tall office towers being developed by TIER REIT Inc. and Endeavor Real Estate Group LLC. Stonelake Managing Partner Kenneth Aboussie said this week there is “no definitive timeline” to break ground on Domain Tower IV or Domain Tower II, which was announced early last year. He said Stonelake has seven buildings planned for its 33-acre property dubbed The Domain | South End District. Only three of those buildings are complete or under construction. Four of them are currently being designed, Aboussie said. Stonelake and HPI Real Estate Services Investments are development partners on the office buildings. Stonelake has partnered with Streetlights Residential on apartment buildings in the south end district. While much of the construction remains on the drawing board, groundbreaking is expected this year on at least two buildings: Domain Tower III and The Bowen, a 340-unit, 20-story residential tower, Aboussie said. The buildings are next to each other along Altera Parkway on the northern edge of Stonelake’s property. Austin Business Journal previously reported that Domain Tower II and III would be between eight to 10 stories high and about 300,000 square feet each. Aboussie said Domain Tower III is still being designed and declined to go into detail about the size of the building. For the second and third towers, expect design similar to the original Domain Tower a 310,000-square-foot, 11-story building that has been entirely leased by the jobs website Indeed Inc., John Kiltz, founder of Stonelake Capital. Meanwhile a boutique office building with about 40,000 square feet, Domain Place, is under construction at the north end of Stonelake’s property, behind the Flatiron apartment building, Aboussie said. Stonelake will occupy 10,000 square feet at Domain Place for its Austin office while HPI is marketing the remainder of the building to prospective tenants, he said. The building is expected to be available for occupancy this fall. Construction on the 364-apartment Flatiron is nearly complete, Aboussie said. The first units will be delivered in March. Additionally, construction on Domain Tower is complete and the high-rise is up for sale, Aboussie said. Andrew Levy with HFF in Dallas has the assignment. The Domain is the second-most expensive office market in Austin behind the Central Business District

Nice. One of those is the building elevations for the Domain Tower IV. It shows the "building max height" as 308 feet to the main roof parapet, but there's also a mechanical screen above that which appears to be 10 feet tall as compared to the lower floor heights. That would put that height at 318 feet. That elevation is also showing that there will be an "integral linear LED light" on the main roof.

[murfnut]

FYI, I pulled the info from the view source

[Urbannizer]

https://www.sec.gov/Archives/edgar/d...ationtoinv.htm

Domain D & G





Domain 3 & 4

[chinchaaa]

I can't place this. Where exactly in the Domain would this go? They're talking about a 5 acre parking lot.

[Novacek]

Originally Posted by chinchaaa

I can't place this. Where exactly in the Domain would this go? They're talking about a 5 acre parking lot.

https://www.sec.gov/Archives/edgar/d...ontoinv009.jpg

The big lot at the corner of Altera and Esperanza, where the capmetro 803 stop is.

[We vs us]

Originally Posted by chinchaaa

I can't place this. Where exactly in the Domain would this go? They're talking about a 5 acre parking lot.

I had the same question initially, but found some maps from the same ppt presentation:

[clubtokyo]

Build all of it! The domain needs one tower that is like 500-600 to signal it's 2nd downtown status IMO.

[Novacek]

Originally Posted by clubtokyo

Build all of it! The domain needs one tower that is like 500-600 to signal it's 2nd downtown status IMO.

Not allowed by current zoning, even with bonuses, even next door to rail (in either the Domain or Broadmoor).

[Mopacs]

We had some good views of the Domain last week as we descended into the city:





The future site of the Austin FC stadium/Mckalla Place is visible to the right





From left-to-right: Domain 11, Domain 12 and Domain 8. The blue crane for Domain 10 is visible behind 12.



Edit: Another perspective from our plane as we departed from Austin. The first few floors of Domain 10 are visible in this shot (center-right). Broadmoor campus is at the bottom.

[the Genral]

The aerials are great, but I will never consider the Domain a 2nd downtown again. Not because there are no skyscrapers, or decently tall buildings, its the whole layout, lack of straight line street grids. From the air it kind of looks haphazarded. I like the Domain, but it is no downtown, 1st, 2nd, or 3rd. It has some style, but no character, no historic value. It looks like a grouping of buildings placed within the confines of a repurposed property best viewed from street level. And it is an island surrounded by 3 major roads so it won't take long before is built out. A few 300 footers would be nice and may sway my opinion but probably not. I guess parking garages are the new substitute for surface parking lots and only marginally better visually. There's certainly a shit ton of available parking at the Domain. Great incentive for everyone to drive on in for a visit.

[Mopacs]

Originally Posted by the Genral

The aerials are great, but I will never consider the Domain a 2nd downtown again. Not because there are no skyscrapers, or decently tall buildings, its the whole layout, lack of straight line street grids. From the air it kind of looks haphazarded. I like the Domain, but it is no downtown, 1st, 2nd, or 3rd. It has some style, but no character, no historic value. It looks like a grouping of buildings placed within the confines of a repurposed property best viewed from street level. And it is an island surrounded by 3 major roads so it won't take long before is built out. A few 300 footers would be nice and may sway my opinion but probably not. I guess parking garages are the new substitute for surface parking lots and only marginally better visually. There's certainly a shit ton of available parking at the Domain. Great incentive for everyone to drive on in for a visit.

The internal road network is inadequate and results in significant congestion surrounding the retail areas (original Simon development especially). I can only imagine how bad it will get once the office towers come online. Getting in and out of the Domain will be no picnic.

The spillover development outside the confines of the Domain may be an improvement.

[Vexal]

Why does anyone drive through the middle of the domain in the first place? All of the best garages are accessible from near the entrances.

[_Matt]

Originally Posted by Vexal

Why does anyone drive through the middle of the domain in the first place? All of the best garages are accessible from near the entrances.

Inexperience.

[smith_atx]

Originally Posted by _Matt

Inexperience.

and probably a ton of Lyft/Uber.

[lzppjb]

Originally Posted by _Matt

Inexperience.

Speaking of inexperience, I've still never been to the Domain.

[Jdawgboy]

Originally Posted by the Genral

The aerials are great, but I will never consider the Domain a 2nd downtown again. Not because there are no skyscrapers, or decently tall buildings, its the whole layout, lack of straight line street grids. From the air it kind of looks haphazarded. I like the Domain, but it is no downtown, 1st, 2nd, or 3rd. It has some style, but no character, no historic value. It looks like a grouping of buildings placed within the confines of a repurposed property best viewed from street level. And it is an island surrounded by 3 major roads so it won't take long before is built out. A few 300 footers would be nice and may sway my opinion but probably not. I guess parking garages are the new substitute for surface parking lots and only marginally better visually. There's certainly a shit ton of available parking at the Domain. Great incentive for everyone to drive on in for a visit.

I'm so glad that you said this because I think the same way.

Look, it's fine that the Domain is fairly dense, you can see that from those pictures, however the connectivity and road infrastructure is a total mess, which you can also see in those pictures. I will never consider it a 2nd DT because it's buildout is less than ideal. It's not even truly walkable in the sense of for example, walking from Dillards to Rock Rose. Crossing those streets is like being in a real life game of Frogger, the Simon section is clearly disconnected from the "Northside" nothing but parking garages fronting Domain Drive making the western side along Mopac walled off. Then you get to that large parking lot in front of Dicks Sporting Goods. Granted there are those high voltage powerlines cutting across but still, that lot could be something better. The Domain is just a glorified outdoor mall with residential and office components. If the developers actually cared about tieing into the surrounding area, they would have designed a better road network from the very beginning.

The Domain is the perfect example of private development not working with the city government to create a truly urban experience which seamlessly blends in with the surrounding area. As Genral stated, it's an Island.