Austin Fairmont Hotel To Break Ground November 3rd

Austin Fairmont Hotel To Break Ground November 3rd

Fairmont_Rendering_Oct2014_final

Some people, myself included, were beginning to think downtown Austin’s Fairmont Hotel was becoming development vaporware.  Back in March there was proof-of-life when they began fencing off the site.

Today, according to a press release sent to DAB, the Fairmont Austin, the first hotel providing direct access to the Austin Convention Center, is announcing that it has secured financing and will break ground on November 3, 2014.

Colony Capital has stepped in with project financing for the $370 million luxury hotel, which is expected to open June 3, 2017.

The site, located at the northeast corner of Cesar Chavez & Red River is a 1.74-acre parcel situated along the bank of Waller Creek. The hotel will be notable for having a direct connection to the Austin Convention Center, via an arial promenade being designed by Thomas Phifer and Partners (the firm selected by the Waller Creek Conservancy to develop a master plan for the Waller Creek district).

The finished building will no doubt add to downtown Austin’s skyline. At 595 feet tall, it will be second tallest structure in downtown Austin – the tallest being the 56 story, 680-foot Austonian.

Summary of what we know about the Fairmont Hotel…

  • Number of rooms = 1,066
  • Number of stories = 37
  • Square Feet = 1.4 million
  • Building Height = 595 feet
  • Delivery = June 2017

-Jude

Fairmont_Rendering_Oct2014_final

Fairmont Hotel, Red River @ Cesar Chavez, southwest POV





Some Downtown Austin Events – Family Friendly

Some Downtown Austin Events – Family Friendly

A pic from a DANA Garden Day of yesteryear...

Three family-friendly downtown Austin events happening next week, in no particular order….

Event 1

Trick or Treating with DANA at The Shore Condos, Thursday, 10/30/2014 – 5:30-7pm

Pretty self-explanatory.  This event is restricted to downtown residents and their children (or grand-children, etc) and should be absolute cute overload. RSVP required. Click link above for details and RSVP. Here are some pics from last year’s event:

Event 2

DANA Garden Day, Near Pfluger Bridge, Saturday, 11/1/2014 –  9am

Calling all city dwellers! You may no longer have a garden to tend, but come get your hands dirty and meet your neighbors as we beautify part of the hike and bike trail near the Pfluger Pedestrian Bridge. DANA adopted a garden on Lady Bird Lake (Cesar Chavez side of Pfluger Pedestrian Bridge). It’s a busy spot on the trail and will be enjoyed by all that pass by.

A pic from a DANA Garden Day of yesteryear...

A pic from a DANA Garden Day of yesteryear…

If you are interested in volunteering, please just email DANA at info@downtownaustin.org so they can send you additional information if necessary.

DANA Garden Day
Saturday, November 1, 2014, 9am-12noon
About 999 W Cesar Chavez
map   transit

Event 3

Movies in the Park in Wooldridge Square – Beetlejuice, 10/29/2014 @ 7pm

movies-in-the-park

The 2014 Fall Movies in the Park series continues on Wednesday, October 29 with Beetlejuice at 7:00 p.m. This week is sponsored by the Downtown Austin Alliance and will change things up by moving to Wooldridge Square.

Movies in the Park is a series of free films brought to you by the Austin Parks Foundation, and presented by the Alamo Drafthouse. The 2014 Movies in the Park theme celebrates the Alamo 100 – a list of 100 movies deemed essential by our beloved Alamo Drafthouse. The last movie of the season will be The Dark Night on November 13 at 6:15 p.m. in Republic Square.

Dogs, picnics, and lawn chairs are welcome. Alcoholic beverages, glass, and styrofoam are not permitted in the park. Recycling bins are provided, but we ask that you help us out by packing out all of your own trash. Smoking is also prohibited in the park, per city law. In case of rain, please visit http://austinparks.org/moviesinthepark.html for updates.





The Rainey Street House

The Rainey Street House

93-rainey-austin

It looks like Rainey Street District will be getting a history center!  The big question is: where will it go?

On June 12, 2014, Councilman Mike Martinez made a motion, which was amended by Councilman Chris Riley and passed a council vote to essentially read as follows:

Directs the City Manager to accept the donation of the structure formerly located at 93 Rainey St. from Austin Rainey St. D/E/P, LLC, a Delaware, LLC., for use as the Rainey Street History Center.

Here’s the house at 93 Rainey in 2012 (taken from my MEGA Rainey post from 2012) – standing on one of the sites where Dinerstein is building the Millenium Apartments.

The ~1600sf structure as it stands today:

93-rainey-austin

This structure, which will be refurbished using funds from the Rainey Street District Fund, will be placed on a TBD location within the next 180 days.

Currently, these three locations are being considered:

64 Rainey, 700 Cummings, and East Avenue – all pictured below:

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There are pros and cons to each of these sites, and the Rainey Neighbors Association will be discussing all the issues, and likely selecting the location THEY endorse (several other stakeholders may need to agree, including the MACC and the Waller Creek Conservancy) on 10/21 at 6:30pm at the Towers of Town Lake Library. If you are an RNA member – you’re welcome to come to the meeting! Otherwise, submit your thoughts on these sites in the comments below!

For more information, download the attached presentation by Austin Parks and Rec: Rainey-Street-House





Eyebrow Threading in Downtown Austin

Eyebrow Threading in Downtown Austin

wink-eyebrow-threading-austin-outdoor

Warning:  This post is VERY girly!  If you aren’t into finding convenient beauty solutions in downtown Austin – stop reading now!

But if you are, let’s get REAL girly together, starting now:

pink-girlie

Squeee!!! Fluffy pink unicorns and rainbows and bubbles!

I am a pale, pale lady.  And along with my fair skin comes quite a bit of sensitivity. So, I’m not real big on getting my eyebrows waxed, which seems to be the common way most of my other lady friends keep their eyebrows looking spectacular.

So, for a long time, I just managed my eyebrows myself, which – you know – is not fun.  And then, in the early 2000’s, I was living in Atlanta and I found a GLORIOUS alternative to waxing or tweezing [Read more...]





Hard Hat Tour Photos of Seven Apartments (née 7 Rio), Scheduled To Open This Winter

Hard Hat Tour Photos of Seven Apartments (née 7 Rio), Scheduled To Open This Winter

seven_apartments_austin_highrise_southern_view

Admittedly, I was one of the disappointed spectators when the original concept, proposed as “7Rio”, was reduced to 23 stories.

Still, for the past 18 months, or so, many of us have been eagerly watching the construction site at the corner of 7th @ Rio Grande.  Earlier this year I speculated that Seven could even “go condo,” but it appears that multi-family development continues to have legs.

Now that downtown Austin’s Seven Apartments is approaching completion, and will be delivering residences this winter, we were invited to take a hard-hat tour of the tower.  This would be a great opportunity to get some insight into a new community that’s about to open in our neighborhood.  I could also start to compare how Seven will compete with existing downtown Austin apartments for rent.

I love taking hard-hat tours.  There’s no better opportunity to see the guts of a building.  For me [and definitely NOT Amber!] riding up the bone-jarring ear-splitting construction elevator adds to the excitement.  Peeking through the elevator’s diamond perforated sheet metal, accepting your fate as it creeps higher, you get a unique sense for how each additional floor impacts your perspective of what’s around you.

Here’s what we know about Seven:
Average Residence Size = 924 sf
Average Price per SqFt = $3.05 per month
Number of floors = 23
Number of residences = 220 (172 1bds, 48 2bds)

Seven-Apartments-Austin-Rio-Grande-7rio- - 12

More pictures from the tour after the jump!

[Read more...]





50+ Story Downtown Austin Tower Envisioned By Constructive Ventures

50+ Story Downtown Austin Tower Envisioned By Constructive Ventures

constructive-ventures-austin-energy

The Statesman is reporting some exciting news for the Austin Energy Control Center site.

Back in 2010, Constructive Ventures entered into a “Master Development Agreement” with the City of Austin for an agreed upon “transfer price” of $14,500,000.  Now that the economy is starting to show signs of strength, the developers think the next couple of years could be the right moment to deliver a 50+ story condo and office tower.

Constructive Ventures has a strong track record of development in Austin, including: Spring Condos, Barton Place, Pedernales Lofts, and Este.

The 1.7 acre site is located immediately north of the Seaholm condos, which is under construction, and west of 360 condos.  The site is one of the last missing pieces for developing the southwest district of downtown Austin.

While still a vision, if built, this would be an impressive addition to the downtown Austin skyline.  More important is this development would further improve the street-level experience for pedestrians.

Summary of what we know:

– 400 residences (condos for sale)
– 50+ stories
- 120,000 square feet of office space
– 15,000 square feet of retail and restaurants

The design has shifted from a two-tower plan to a single tower, and the architect of record is Brett Rhode, who also designed 7rio, Aspen Heights, and The Catherine (née Aquaterra).

Construction could begin as early as Q4 of 2015. Expect capital market conditions to dictate exactly when it could happen. Whenever it begins, expect 2.5 years to complete construction.

Just for fun, in the image you see above, we’ve overlaid a building massing onto the site in order to show [very crudely!] how a 50+ story tower fits into the skyline.  From the Statesman article, [architect] “Brett Rhode said the tower will be a mostly glass, with landscaped areas on different levels that will break down the scale of the building and enhance its visual appeal.”

-Jude

constructive-ventures-austin-energy





Forgotten About Downtown Austin Retail Space Available

Forgotten About Downtown Austin Retail Space Available

601e5thretailaustin

Many of you have passed by the Convention Center parking garage, and could be forgiven for not noticing the vacant retail space that wraps the ground level of the garage.  For the better part of 10 years the City and Harry Whittington were entrenched in lawsuits.

The space is finally available and the City is looking to get it leased up quickly.  The location at 601 e 5th Street is one block from the Metro station, Convention Center, Moonshine, and 6th Street.

I think if the City gets a synergistic mix of tenants this could be the beginning of a downtown retail hub, anchored by Waller Creek and the Metro station.  The location is excellent and is only made better with obvious access to parking above.

convention-center-garage-retail

Within a half-mile you’ll find 7,365 hotel rooms, ~6mm feet of office, 69 retail stores, 84 restaurants.  The City had an appraisal completed pegging the anticipated rent rate of $15.00-$18.00 NNN per year, which seems pretty conservative, even for the shell condition of the space.

There are three retail spaces available along Red River, ranging from 3,580 ft for the smallest space to the total contiguous 14,890 ft.

If you’ve got a good idea, the City is accepting lease proposals.

-Jude

p.s.  If you want to check out the building, the Austin Convention & Visitors Bureau (ACVB) recently relocated its visitors center to one of the prominent spaces along 4th Street (much better digs than their old 6th Street spot, IMO, and includes curated murals from local artists).

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Cuban Restaurant in Downtown Austin – Pleasant Storage Room

Cuban Restaurant in Downtown Austin – Pleasant Storage Room

pleasant-storage-room-header

As far as I know, there aren’t currently any Cuban restaurant concepts in downtown Austin proper.  Well, there WASN’T before this week, anyway.  There’s a new one popping up in the warehouse district, where the now defunct Stack Burger Bar used to be (one of the restaurant concepts owned by the now infamous Yassine Enterprises).

Let me introduce you to Pleasant Storage Room, officially opening TODAY: [Read more...]





Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 10/25/14 8:33 AM PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

This IDX solution is (c) Diverse Solutions 2014.