Shoal Creek Walk is completely SPEC at this time...so I worry most about this one.
WCCG has already made a comment about delivering its 99 Trinity units at the beginning of the "next cycle" (late 2017/early 2018). This make since when one considers the number of units which are planned to be delivered between now and early/mid 2017.
I'm not sure what's up with Magellan. One thing that makes me worry about this project is that it has been reported that they plan a summer 2015 start...well, it's almost May 2015 and we still don't know what hotel will manage the lodging component of this building. Also, not many large upper-end/luxury hotels will be included in a tower with rental units (at least outside of megalopolis' like New York or Chicago). Hotel ZaZa may be the exception here in Austin. But, that tower's development seems to have hit a bump. There is a chance that those units may switch over to for sale condos rather than rental units. We shall see.
Furthermore, we have not heard about a hotel operator for the Waller project. That is something else to consider...watch.
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AUSTIN (City): 993,588 +3.30% - '20-'24 | AUSTIN MSA (5 counties): 2,550,637 +11.70% - '20-'24
SAN ANTONIO (City): 1,526,656 +6.41% - '20-'24 | SAN ANTONIO MSA (8 counties): 2,763,006 +8.01% - '20-'24
AUS-SAT REGION (MSAs/13 counties): 5,313,643 +9.75% - '20-'24 | *SRC: US Census*
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