Austin | Oracle Campus Updates & News - Page 3

KevinFromTexas · #41 Posted **Sep 2, 2019, 11:53 PM**

It'll happen eventually. Look at how West Campus has grown. It went from building heights under 150 feet mostly, with the exception of The Castillian and the Dobie Center, to multiple high rises, including a few more over 200 feet, and now they've approved 300 feet for the area.

kingkirbythe.... · #42 Posted **Sep 3, 2019, 1:46 PM**

Quote:

Originally Posted by Geographer

The Oracle campus is a disappointing design. It does not take advantage of the waterfront location, has low rise buildings, and could be a suburban office park anywhere in the country. Why did the Austin city council approve such a boring and un-urban development?

Agree

enragedcamel · #43 Posted **Sep 3, 2019, 5:03 PM**

Maybe the City needs to start offering tax breaks other incentives for taller buildings to encourage vertical growth...

mumu · #44 Posted **Sep 3, 2019, 6:10 PM**

Quote:

Originally Posted by enragedcamel

Maybe the City needs to start offering tax breaks other incentives for taller buildings to encourage vertical growth...

That's not the problem. There is market demand to build taller buildings already virtually everywhere in the city within a few miles of downtown. The problem is the City Council won't allow the market to work.

freerover · #45 Posted **Sep 3, 2019, 6:34 PM**

Quote:

Originally Posted by mumu

The problem is the City Council won't allow the market to work.

How so?

zrx299 · #46 Posted **Sep 3, 2019, 6:48 PM**

Quote:

Originally Posted by freerover

How so?

https://austinonyourfeet.com/2016/03...-central-city/

https://aquilacommercial.com/learnin...your-property/

Ridiculous height limits, among other things.
We're speeding down the path towards being the next San Francisco.

freerover · #47 Posted **Sep 3, 2019, 7:20 PM**

Quote:

Originally Posted by zrx299

https://austinonyourfeet.com/2016/03...-central-city/

https://aquilacommercial.com/learnin...your-property/

Ridiculous height limits, among other things.
We're speeding down the path towards being the next San Francisco.

Some of those issues are being addressed with the current land use reform. If you want more extreme changes then try to get Pool and Alter defeated in 2020.

https://www.austintexas.gov/edims/do....cfm?id=326067

The ATX · #48 Posted **Aug 14, 2020, 11:24 PM**

A site plan was filed today for a new building on the Oracle campus. No details.

https://abc.austintexas.gov/public-s...rtyrsn=3121332

The ATX · #49 Posted **Sep 21, 2020, 9:29 PM**

After a little more digging, it turns out that the site plan change for another "office building" on the site is actually for a two-story, ~50K sq. ft. employee fitness center. Pretty nice for employees, a yawn for the rest of us.

The ATX · #50 Posted **Dec 12, 2020, 1:11 AM**

I'm bumping the thread since it's a good place to post Oracle stuff.

The ATX · #51 Posted **Dec 12, 2020, 1:28 AM**

This is the area on Elmont that Oracle bought (or at least bought part of). The apartments on the site were demo'ed several years ago.

We vs us · #52 Posted **Dec 12, 2020, 1:38 AM**

Interesting little nugs in this WSJ article. They note Larry Ellison's conservative leanings, and bundle him in with other conservatives who've left California. But they're also at pains to note that no one from the CA HQ will be forcibly reloed to Austin, and Ellison himself is mum on whether he'll move. They also note that Oracle's annual CA state tax bill is teensy compared to its other liabilities, so not really even a precipitating reason to move.

So . . . why make the move at all then?

https://www.wsj.com/articles/oracle-...as-11607724881

ATX2030 · #53 Posted **Dec 12, 2020, 2:33 AM**

Quote:

Originally Posted by We vs us

Interesting little nugs in this WSJ article. They note Larry Ellison's conservative leanings, and bundle him in with other conservatives who've left California. But they're also at pains to note that no one from the CA HQ will be forcibly reloed to Austin, and Ellison himself is mum on whether he'll move. They also note that Oracle's annual CA state tax bill is teensy compared to its other liabilities, so not really even a precipitating reason to move.

So . . . why make the move at all then?

https://www.wsj.com/articles/oracle-...as-11607724881

HQ hierarchy came to the conclusion that the majority who work at the HQ wanted to move would be my guess. Those executives happy with Cali can stay while those wanting a change can relocate to the HQ in Austin. The heavy hitters chose to relocate otherwise they wouldn't be moving the HQ. Great news for Austin and any way you look at it. Having a global HQ like Oracle is a huge feather in Austin's burgeoning tech scene.

We vs us · #54 Posted **Dec 12, 2020, 2:51 AM**

Quote:

Originally Posted by ATX2030

Great news for Austin and any way you look at it. Having a global HQ like Oracle is a huge feather in Austin's burgeoning tech scene.

Totally right, and i don't mean to naysay it. It's amazing no matter how you look at it.

I'll say this: I'm now officially confident about every project we know about . . . even the ones that George Blume sketches out on a bar napkin. Pretty much all of it's going to get built.

ATX2030 · #55 Posted **Dec 12, 2020, 3:02 AM**

Quote:

Originally Posted by We vs us

Totally right, and i don't mean to naysay it. It's amazing no matter how you look at it.

I'll say this: I'm now officially confident about every project we know about . . . even the ones that George Blume sketches out on a bar napkin. Pretty much all of it's going to get built.

Incredible times my friend. This also bodes well for airport expansion and air service resumption/new routes once demand picks back up.

ILUVSAT · #56 Posted **Dec 12, 2020, 8:13 PM**

Quote:

Originally Posted by ATX2030

HQ hierarchy came to the conclusion that the majority who work at the HQ wanted to move would be my guess. Those executives happy with Cali can stay while those wanting a change can relocate to the HQ in Austin. The heavy hitters chose to relocate otherwise they wouldn't be moving the HQ. Great news for Austin and any way you look at it. Having a global HQ like Oracle is a huge feather in Austin's burgeoning tech scene.

Burgeoning? The use of that word, in this context, assumes the "tech scene" is new to Austin. And we all know that is not the case.

ATX2030 · #57 Posted **Dec 12, 2020, 8:38 PM**

Quote:

Originally Posted by ILUVSAT

Burgeoning? The use of that word, in this context, assumes the "tech scene" is new to Austin. And we all know that is not the case.

Got it Professor Grammar. Lived here for 50+ years. Here's a link so you can choose a word that suits you.

https://www.powerthesaurus.org/burgeoning/synonyms/3

odelayjb · #58 Posted **Dec 12, 2020, 10:55 PM**

Quote:

Originally Posted by ILUVSAT

Burgeoning? The use of that word, in this context, assumes the "tech scene" is new to Austin. And we all know that is not the case.

Best read in pompous, Old English accent.

Armybrat · #59 Posted **Dec 13, 2020, 12:48 AM**

Good thing Ellison downsized from his 453’ yacht “Sunrise” to the more sensible 288’ “Musashi”.
Maybe he can dock it next to his LB Lake campus.

ATX2030 · #60 Posted **Dec 15, 2020, 5:21 PM**

Quote:

Originally Posted by We vs us

Interesting little nugs in this WSJ article. They note Larry Ellison's conservative leanings, and bundle him in with other conservatives who've left California. But they're also at pains to note that no one from the CA HQ will be forcibly reloed to Austin, and Ellison himself is mum on whether he'll move. They also note that Oracle's annual CA state tax bill is teensy compared to its other liabilities, so not really even a precipitating reason to move.

So . . . why make the move at all then?

https://www.wsj.com/articles/oracle-...as-11607724881

We now know where Ellison will be taking up residency, Hawaii. Hard to blame the guy when you own 98% of the entire island.

https://www.hawaiinewsnow.com/2020/1...sidence-lanai/