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  #1081  
Old Posted Sep 4, 2020, 6:50 PM
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Originally Posted by AusTex View Post
My idiosyncrasy would call it a 25 story Auto Warehouse with Penthouse; or 24 story Parking Garage with office space on top.

Marketing might call it 25 story tower with Luxury Penthouse Suite and generous parking for additional great income generation possibilities.
Looking back... see, this is why we need likes, laughing emojis, and such.
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  #1082  
Old Posted Sep 4, 2020, 7:14 PM
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Not bad, all things considered. I don't want a redesign, but I do want even more height. It's the wild fucking 2020's...let's break 1,000 ft.
Yep. Of all the tall buildings we have "in the works" this is the one I want the most, and a height bump with no change of design would be even better. Still, I suspect a height bump would chang the geometry of the building, making it seem that a design change had been made. Remember, it was originally supposed to be 542 feet before getting a height bump to 708 feet.
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  #1083  
Old Posted Sep 4, 2020, 8:13 PM
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I also really want this one to happen. I like its design as is, but hitting 1000' would be pretty nice also - especially with something that isn't just a box.
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  #1084  
Old Posted Sep 5, 2020, 1:52 PM
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Originally Posted by ILUVSAT View Post
Potentially. However, the land under that parking lot is private, correct? The transit authority would have to buy or lease it to use it. I'm not sure how that would work.

They could lease the land and use it for staging the construction of the tunnel. And, if that's the case, The Republic would be delayed for years. Another idea would be to co-op construction - similar to what they've done in other cities where new rail/subways are constructed underneath new towers.
The land is still owned by Travis County, but Lincoln has a ground lease on it. Lincoln is paying a pretty penny for the ground lease over time, so it is in their interest to move forward and earn income on their investment. However, I don't know all the details of the lease. IIRC, the lease rate is fairly nominal initially with steep escalators in following years. There may also be triggers - Lincoln may not have much in the way of lease expense until it is fully permitted or issued a certificate of occupancy. On the other side, there may be a cancellation clause if they do not make progress by a certain date, allowing Travis County to regain control of the property.
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  #1085  
Old Posted Sep 5, 2020, 7:07 PM
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The land is still owned by Travis County, but Lincoln has a ground lease on it. Lincoln is paying a pretty penny for the ground lease over time, so it is in their interest to move forward and earn income on their investment. However, I don't know all the details of the lease. IIRC, the lease rate is fairly nominal initially with steep escalators in following years. There may also be triggers - Lincoln may not have much in the way of lease expense until it is fully permitted or issued a certificate of occupancy. On the other side, there may be a cancellation clause if they do not make progress by a certain date, allowing Travis County to regain control of the property.
Ah. Awesome. Thanks for the information, H2O.
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  #1086  
Old Posted Sep 28, 2020, 2:41 AM
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The clock is ticking on this project. Tick tock...tiktok...
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  #1087  
Old Posted Sep 28, 2020, 2:55 AM
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The clock is ticking on this project. Tick tock...tiktok...
Do tell ...
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  #1088  
Old Posted Sep 28, 2020, 7:27 AM
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Is that code for TikTok becoming some part of this tower?

Last edited by austin242; Sep 28, 2020 at 7:27 AM. Reason: ?
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  #1089  
Old Posted Sep 28, 2020, 11:50 AM
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It would be a satisfying eventuality if this tower would become office space (HQ?) for TikTok given that the tower roughly resembles a giant metronome sans the pendulum.
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  #1090  
Old Posted Sep 28, 2020, 2:06 PM
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I sure hope so! Would love to see this building go up.
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  #1091  
Old Posted Sep 29, 2020, 2:53 AM
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Originally Posted by The ATX View Post
The clock is ticking on this project. Tick tock...tiktok...
TikTok Tower?

Cmon now, that’s just way too convenient.
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  #1092  
Old Posted Sep 29, 2020, 3:17 AM
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Is there something we don't know yet?
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  #1093  
Old Posted Oct 1, 2020, 6:33 AM
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No CCP-allied TikTok in Austin, please.
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  #1094  
Old Posted Oct 1, 2020, 7:26 PM
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with oracles acquisition of Tik-Tok emanate, this seems like it could actually be a thing.
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  #1095  
Old Posted Oct 1, 2020, 9:41 PM
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Originally Posted by oberthewhat View Post
with oracles acquisition of Tik-Tok emanate, this seems like it could actually be a thing.
woah, is there new news?
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  #1096  
Old Posted Oct 1, 2020, 9:53 PM
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^^^Oracle and Walmart are to be minority owners of TikTok. Obviously, Oracle has a large presence in Austin. And, doesn't Walmart have it's tech innovation center (or something like that) HQ'd in Austin?
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  #1097  
Old Posted Oct 2, 2020, 9:10 PM
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I doubt TikTok will kick off construction for the Republic. Lincoln Property still has more than a half-million square feet of office space to lease at 6th x Guad before they start a new building. According to sources quoted by the Business Journal, TikTok is looking for between 100,000 to 300,000 square feet of office space in Austin. There are several options for them to move into sooner than a building that hasn't even started construction yet. Indeed Tower, 6th X Guad, The Molar, Parsley Energy Building, Domain Tower 2, that Alpha building at Mueller where the cranes collided, RiverSouth, just to name a few.
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  #1098  
Old Posted Oct 2, 2020, 9:20 PM
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Originally Posted by AusTxDevelopment View Post
I doubt TikTok will kick off construction for the Republic. Lincoln Property still has more than a half-million square feet of office space to lease at 6th x Guad before they start a new building. According to sources quoted by the Business Journal, TikTok is looking for between 100,000 to 300,000 square feet of office space in Austin. There are several options for them to move into sooner than a building that hasn't even started construction yet. Indeed Tower, 6th X Guad, The Molar, Parsley Energy Building, Domain Tower 2, that Alpha building at Mueller where the cranes collided, RiverSouth, just to name a few.
Captain kay-booooosh over here!

Prolly right though, but maybe not. I can easily see those buildings filling up quicker with all the 2020 madness and an exodus from the coasts. (I just sold my house to someone from Palo Alto...site....un....seen)
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  #1099  
Old Posted Oct 2, 2020, 9:31 PM
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Captain kay-booooosh over here!
But AusTexDevelopment is probably right. I do remember the main focus is on 6X by the developer. Unless we are pleasantly surprised, we may be waiting, and waiting, and waiting, for my favorite building to break ground. But my gut says it will.
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