More signals of progress at Waller Park Place. Demolition of the site began this morning along the west side of Red River, and into Willow Street.
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Signals of progress at Waller Park Place
Small signals are often precursors of BIG news.
This past weekend, fencing was observed being erected around the site of Waller Park Place, the largest private development ever proposed in downtown Austin. Demolition permits were issued back in August for the vacant structures along Red River Street. The new fencing is a sure sign that site prep is about to begin.
The 3 acre site in the Rainey Street District stretches from Cesar Chavez to Davis Street, hugging the eastern bank of Waller Creek along the way.
-Jude
Why It’s Bull****: The Waller Creek Tunnel Inlet Is Too Tall
Had the weekend to catch up on some old news, and this issue of the Waller Creek Tunnel inlet being too tall smelled foolish from the first I heard about it.
Kudos to the Statesman’s Sarah Coppola for the revealing a potential $45mm fix to reduce the height of the Waller Creek Tunnel Inlet would be wasted money since the Texas State Library and Archives Commission is already blocking the view.
Say what?! That’s right. “Fixing” the inlet structure to be fully compliant with the CVC will not regain any view! An existing government building is blocking the view already.
The Waller Creek Tunnel Inlet is under construction in Waterloo Park. This is the business end of the tunnel construction which was on target for completion in mid-2015.
It was almost two years when the tunnel’s under ground dig was passing beneath the Sabine.
I remain optimistic that elected officials at the local and state level will apply reason, rather than force the taxpayers to pay to bring the inlet into CVC “compliance.”
Downtown Austin Round Up: Fairmont, Waller, Trinity, Oh my
Have you experienced the phenomena that BIG things seem to happen when you’re on vacation? This past week, while we attempted to cruise, there were multiple status report updates about three tall projects in downtown Austin.
99 Trinity Tower Announces $100mm, 39 Story Apartment Highrise
Back in November, DAB broke the news about Trinity Tower. Located just east of the Four Seasons Residences, and north of Lakeside apartments. This will become a very dense intersection. We have big expectations that this highrise will fill the perceptive gap between the Rainey Street neighborhood and the rest of downtown Austin. We’re thrilled that they are aiming high with a 39 story tower, which would be the tallest apartment building in Austin. Demolition of the warehouse should commence soon. (Statesman)
Waller Park Place Closes On Land
The Sutton Company closed on their deal to buy Perry Lorenz’s incredible 3-acre assemblage along Waller Creek. What Sutton is proposing is nothing short of the largest private development in the history of downtown Austin. Three towers in the Rainey Street district, including significant Waller Creek enhancements, stretching from Cesar Chavez to Davis Street. (Statesman)
Fairmont Selects Builder
This was significant because half of the people I talk with have begun to think this project is vapor-ware. The project was planned to break ground a while back. The Fairmont website is showing delivery in “2016+”, and the sign pictured above says “Opening Fall 2017”. We hope this is a reliable signal that the project will break ground soon. (Statesman)
-Jude
Waller Park Place Submits Site Plan for 3 Towers
At ~1,400,000 square feet Waller Park Place, a three tower mixed-use plan is the largest private development ever proposed in downtown Austin (correct me in the comments if I’m wrong). It’s the vision of the Sutton Company, who formally filed their site plan approval application with the City of Austin last week.
Back in September, Downtown Austin Blog first revealed the concept for the 3 acre tract stretching from Cesar Chavez to Davis Street, hugging Waller Creek. Then it was being called Waller Center and seemed really to be just a conceptual vision.
Below is what we know (note these numbers have gone up since Waller Center was announced in September and could still change)
- Tower A – Office, 25+ stories, on the corner of Red River and Cesar Chavez
- Tower B – Apartments, 50+ stories, internal on the site
- Tower C – Hotel/Condo, 40+ stories, at Red River & Davis
- Target FAR is 10:1
- The architect is the IBI Group
- No phasing is contemplated – all three towers built simultaneously
- The site is part of the Waller Creek TIF district
With Block 1 (tbd) anticipated, and Trinity Tower (tbd) being conceptualized, Waller Park Place would be the last opportunity in downtown Austin for waterfront development with protected lake views.
Above and below are a couple of crude massing-drawings I made for each tower to help view the relative dimensions and heights of the three towers, and to help us see how these buildings will fit into the skyline.
