70 Rainey Signals Condo Tower

70 Rainey Signals Condo Tower

70_Rainey_Street___A_Downtown_Austin_Condominium

The popular Rainey Street district may host the next condo tower to be announced in downtown Austin.  Known simply as 70 Rainey, the four lot assemblage, currently occupied by several mobile food trucks, is situated just east of the Mexican American Cultural Center.

While we’ve been expecting a tower on this site, it is noteworthy that 70rainey.com indicates the tower will deliver as condos for sale, rather than previous reports of a multi-family tower with apartments for rent.

70-rainey-map

Outline of the site, and adjacent 64 Rainey owned by the MACC

The site has been in play for several years and has seen several owners.

The current owner, Freemont Holdings, LLC – a related company of Manhattan developer Sackman Enterprises, acquired the site last year from local Riverside Resources.

City of Austin filings indicate that the site plan might not be fully fleshed out.  As of last October engineers are seeking 200 residences, for a total project size of 531,806 sf.

This is a nuanced change from what the project was originally entitled for, and new City of Austin ordinances for density in Rainey Street could hand-tie the developers ability tweak the building.  The new desired height of the tower has increased to 35 stories due to smaller floor plates in the revised building plan.

Summary of what we know about 70 Rainey:

  • Number of dwellings = 200 (86 1bd, 110 2bd, 4 penthouse)
  • Building size = 531,806 SF
  • Number of stories = 35 (tbd.)
  • Number of parking spaces = 478
  • Amenities include: onsite restaurant, 24 hour concierge, pool, gym, great streets sidewalks

After years without any new condo towers, the past 18 months have given downtown Austin three official announcements: Seaholm, Fifth & West, and The Independent.  The only building to see vertical construction so far is Seaholm, but site work has begun on Fifth & West.

Interestingly, those condo towers are located within two blocks of each other, and each is anchored to West Avenue.  It would be great to spread some of that excitement to the east of Congress Avenue, and perhaps that will be 70 Rainey… but maybe we’ll just as soon see 99 Trinity, or the three towers proposed by Waller Park Place.

-Jude





Visiting Seattle

Visiting Seattle

gum wall, up close

Jude and I like to travel in December, and we recently took our annual winter trip.  This year’s trip began in Seattle, WA. Neither of us had ever been to Seattle before, and were pleasantly surprised at the cultural similarities that the two cities have, while also, in my opinion, having very different “feeling” downtown areas.  Naturally, we began comparing the two downtowns, and while Austin is doing a lot of things right within the urban-core to make it one of the most desirable places in the country to live, downtown Seattle is also doing a lot of things right, and is anchored by beautiful natural scenery. Our City leadership can look to Seattle in terms of continuing to optimize Austin’s potential, notably their [troubled] effort to tear down the Alaskan Way Viaduct, a hideous highway separating the city from the bay.

 

Seattle-skyline

But, before I begin really comparing, I think it would be a good idea to start with some historical facts / population stats for both cities:

Population of downtown area:
Austin: around 10,000 (Downtown Austin Alliance), close to 1% of Austin’s total population
Seattle: around 60,000, close to 10% of Seattle’s total population (Downtown Seattle Association)

Public  / Communal Transportation:
Austin: CapMetro Buses, Red Line Commuter Rail, Taxis, BikeShare, Uber, Lyft, Car2Go, ZipCar
Seattle: Metro Buses, Ferry, Seattle Center Monorail, Seattle Streetcar, Link Light Rail, Taxi, Uber, Lyft, Car2Go, ZipCar

Public Market:
Austin: Sunday Farmer’s market in Republic Square park
Seattle: Pike Place Public Market, a permanent installment open 7 days a week

Size of downtown area:
Austin: 9 districts, approximately 1.5 square miles overall (.005 of total size of Austin)
Seattle: 12 distinct neighborhoods, approximately 4 square miles overall (.03 of total size of Austin)

Population Growth:
Austin and Seattle are the two fastest growing cities in the nation.

Notable Corporate HQs:
Austin: Whole Foods, HomeAway, GSD&M
Seattle: Amazon.com, Tableau, Starbucks

starbucks-logo-seattle

The original and, ahem, more anatomically correct Starbucks logo that you see much more prevalently in Seattle

The most interesting of these statistics, to me, is that the relative size and population of downtown Seattle to the overall city is a much higher percentage than with Austin.  One way of interpreting that fact is to say that downtown is a bigger part of the total Seattle experience, and I have a feeling policy and funding follow suit (which brings more dollars and more vibrancy back into their downtown to flow out to the rest of their city).  However, I would say that most people in Austin realize that downtown IS the city’s cultural center and a must see / do.   I think all Austinites can continue to keep that perspective top of mind while encouraging continued growth in our urban core – realizing that a vibrant and engaging downtown brings benefit to the entire city.

However, despite their difference in scope – downtown Seattle and downtown Austin do have similarities. For instance, where downtown Seattle has graceful Gulls, whose calls evoke the sounds of the calming sea that traces the edges of Seattle’s downtown,…downtown Austin has Grackles.  (Okay, so Seattle wins that one.) Where downtown Seattle has insane hills that are the stuff of sleigh-riders dreams, downtown Austin has a gentle southeastern slope that makes outdoor activities a dream. Downtown Seattle has the Needle, downtown Austin has … the Austonian.  Downtown Seattle has a crazy Gum Wall, downtown Austin (well, close to downtown) has a graffiti wall (Hope Outdoor Gallery).

The examples above are a little in jest – but I will say that the culture of downtown Seattle did, in fact, feel pretty similar to downtown Austin.  For one, the city is very dog friendly.  Dogs were everywhere.  Additionally, many of the restaurants and night-life spots in downtown Seattle could have just as well been in Austin.

The natural surroundings, however, could not have been more different.  There were mountains viewable from downtown Seattle, as well as an active ocean port.  The weather is very rainy and generally much colder than in Austin. Likely, because of the weather (and maybe the hills), I did not see NEARLY as many folks jogging or bicycling around downtown Seattle, where in Austin, that’s the definite norm. One thing that REALLY struck me is that downtown Seattle and downtown Austin are very close to the same age, both “founded” in the mid-1800s. Downtown Seattle had a broader historic feel, but Austin is simply effervescent with youth and new growth.

The public transportation was robust and almost effortless (at least to us) in Seattle.  Also, downtown Seattle had more shopping – department stores and mom and pop shops happily co-exist in downtown Seattle.

Nordstrom Rack right next to the Monorail

Nordstrom Rack right next to the Monorail

Additionally, and this is a very timely issue for Austin, but busking in Seattle certainly felt MUCH more professional than what I see in downtown Austin…here’s one of the many talented street performers sprinkled around downtown Seattle. It’s important to note that Seattle has some very lax regulations on busking, however. In Austin, I think it should be monitored and systemized more than it is, and stakeholders like DANA agree (the City is currently obtaining more stakeholder feedback before re-presenting their proposal on busking regulations).

Now, it may sound like I just think Seattle is the greatest thing since sliced bread and why don’t I just marry Seattle because I love it so much….but, it’s not like that.  I LOVE downtown Austin, I really do. I believe we are a relatively “new” downtown (in the modern sense) and an incredibly fast growing one, at that. And the opportunities that brings for those of us in on the ground floor of this burgeoning downtown are incredible. And it only benefits us to look to more established downtown centers across the country and take what we can from those that have done it before.  City leaders and policy influencers are already doing this, of course – but it never hurts to keep it top of mind.

And, I think it’s important to note that more isn’t ALWAYS better.  For instance, the amount of vagrancy in downtown Seattle was frankly overwhelming.  Austin certainly has vagrancy issues as well, but, at least, anecdotally, Seattle felt FAR worse. And, there’s controversy as to whether Seattle is really doing their best to solve the problem in a sustainable way.

From searching a few online sources, Seattle’s cost of living seems quite a bit higher than Austin’s.  Most online source quotes that housing is at least 25% higher in Seattle than in Austin. This figure does not compare the downtown areas specifically, but I would think there is some disparity there.

In the last 90 days, downtown Austin’s median sold pricing is observed to be $490 per foot.  Semi-reliable online sources quote a recent median sales price for downtown Seattle the last 90 days at around $475 per foot.  So, if this is accurate, it may be that downtown Austin, is in fact, the more expensive housing market, at least at this specific point in time.  One reason for that may be the relatively lower inventory.

I think looking to Seattle can really help those that are shaping the new downtown Austin – especially in terms of public transportation, the city’s relationship with its natural surroundings (the Waller Creek redevelopment and Shoal Creek Conservancy efforts certainly are on the right track), and the SCOPE of downtown in relation to the size of the overall city: encourage vertical development in the urban-core, in order to preserve the beauty of our hill-country.

One thing is clear, Austin is a fabulous place to live – and it’s sunny.  Seattle can keep all that cloudy gloom for itself.





How Much Convention Center Is Too Much Convention Center?

How Much Convention Center Is Too Much Convention Center?

block-8 2

Block 8 sits in the southern shadow of the Four Seasons Residences, just west of the Austin Convention Center.  There are signals that the City of Austin is posturing for another Convention Center eminent domain battle (à la the Whittington Saga Part 1 & Part 2, which we wrote about in 2008).

City Staff recently recommended that the City acquire the southern tracts of what’s known as Block 8 to be part of an expansion of the Austin Convention Center, the first step in a larger proposed expansion.

block-8 2

The Convention Center currently sprawls over six city blocks, and hosts 881,400 square feet of space.  The City Memo states that there is “solid evidence” for expansion and is wanting up to 305,000 in additional square feet! No doubt the abundance of downtown hotel rooms recently built, and under-construction is part of that “evidence”.

You can view the memo in a recent report from the Austin Monitor, though talks about this have been going on behind closed doors for a while before this.

block-8-tcad-parcels

Plat map of the southern half of Block 8

Below is the breakdown of current ownership of the southern half of Block 8 that the city is intending to initially acquire:

101 E Cesar Chavez / 302 E Cesar Chavez – this is one of the most awkward buildings in downtown Austin. The tenant, Casa Chapala, recently closed its doors.  Public records show the lot to be owned by Bloctavo Holdings LLC / John Calhoun Miller, a real estate attorney in Texas. May be a registered agent.

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304 & 306 Cesar Chavez – downtown’s purveyor of Aprilias and Vespas, AF1 seems to hide in plain sight.  Owned by Bandy Real Estate LLC, a family operated LLC located in Kingsland, TX.

af1

AF1 Racing

316 & 316 1/2 Cesar Chavez  – A lovely surface parking lot (sarcasm), adjacent to the Christian Science Reading Room. Public records indicated this is owned by Bloctavo Holdings / John Calhoun Miller, a real estate attorney in Texas. May be a registered agent.

the view of the lot looking to the north

the view of the lot looking to the north

102 / 104 Trinity – The Christian Science Reading Room, owned by the First Church of Christian Science.

front exterior of the Christian Science Reading Room

front exterior of the Christian Science Reading Room

Southwest Strategies has been marketing the assemblage of the southern half of Block 8, hoping to get a developer to build with a long-term ground lease.

They describe Block 8 as follows:

The Block 8 Tracts are an assemblage of 4 smaller tracts. Currently, the western portion of the property along San Jacinto is improved with a two story building containing 6,103 sq. ft. currently leased to a restaurant on a short term basis. The central part of the assemblage is improved with a one story building containing 5,320 sq. ft. Tenant is on a month-to-month lease. The eastern portion of the assemblage consists of a paved parking lot utilized for contract parking and an owner occupied one story building consisting of 4,161 sq. ft.

It’s true that the block sits on a prime redevelopment location.  It’s near the convention center, has CBD zoning, and “is unencumbered by any Capitol View Corridors.”

block-8-capitol-view-corridor

Per the Austin Business Journal, “City officials invested about $110 million to expand the convention center in 2002 by several city blocks.”

In their memo, the City states that it has already sent what’s called a Letter of Intent to Acquire to the property owners, and is also already throwing around eminent domain references (though the memo does state that the City will make a good faith attempt to acquire the properties at market value).

The above lots are just the first part of the plan.  From the Austin Monitor: “Rizer suggests the city will need to acquire ‘the equivalent of three to four City blocks‘ to accumulate enough room for the additional space.”

As a resident of downtown, the prospect that an additional three to four blocks of CBD zoned downtown Austin land, currently occupied by thriving businesses, would be annexed by a sprawling Convention Center is alarming.  This would divide downtown Austin using brute force malaise-era design principals.  The City should instead be investing in sustainable design that enhances the preciously compact pedestrian experience our downtown currently affords to residents and visitors.

I call BS on the dogma that Convention Centers can only expand horizontally.  City leadership should invite world class designers to show us a better path to expand vertically on the already significant Convention Center footprint.

-Jude





Three More In-Home Services For Downtown Dwellers

Three More In-Home Services For Downtown Dwellers

austin-delivery-services

I’ve written about food delivery services for downtown Austin residents, including some areas outside of downtown before, proclaiming my undying appreciation for the convenience they bring.  Downtown Austin Blog has also written of our support of Uber, and most Uber drivers I’ve talked to say the majority of their business is in downtown & central Austin.  Convenience services have been propelled into our lives within the past couple of years.  Unlike some startups from the early 2000s, these players seem to have entered a convenience economy, with consumers willing to consistently spend the extra money.

Below are a handful of services that you might not have heard of, but I wanted to highlight for the convenience seeking, time-crunched DAB reader (more after the jump):

[Read more…]





Handful of This Week’s Downtown Austin Events (and one on the East Side)

Handful of This Week’s Downtown Austin Events (and one on the East Side)

"Flow" installation, Design Workshop

DANA Urban Core Happy Hour
Sunday, November 16, 2014 – 2pm-4pm
Hotel Ella

RSVP Required.

hotel-ella

DANA members and guests are invited to enjoy the hospitality of the recently revamped Hotel Ella.

On the menu:

  • Truffle Risotto Cakes
    Crab Cakes with Lemon Aioli
    Chorizo stuffed bacon wrapped dates with piquillo pepper sauce
    Antipasta Buffet Bar with imported cheese, house cured meats, preserved local fruits, and peppered flatbread with assorted crackers

+ complimentary beer, wine, and cocktails!

Creek Show, Light Night
Thursday, November 13, 2014 – Sunset ’til Late
Waller Creek (between 5th street and 7th street)

Event website.

"Flow" installation, Design Workshop

“Flow” installation, Design Workshop

As the sun sets on Waller Creek, five site-specific light installations will be revealed. These installations, all created by Austin-based architects and landscape architects, will illuminate Waller Creek in new and exciting ways. See the designs, hear local music and learn more about the future of Waller Creek.

East Austin Studio Tour
2 Weekends: November 15-16, November 22-23 – 11am-6pm
Various locations

Event website.

hallie

Big Medium presents the 13th East Austin Studio Tour! EAST is a free, annual, self-guided art event occurring over two weekends in November, providing the public with an opportunity to meet the makers: the local artists and artisans who leave a lasting imprint on Austin’s vibrant, dynamic culture. Tour-goers are invited to discover new artistic talent, see working studios, learn about artists’ tools, techniques, and inspirations, and explore unique exhibition spaces and local businesses.

One of the artists we love to support, Hallie Rae Ward, will be showcasing her work at Createscape Coworking.  Check it out!





From Bail Bonds To Condominium

From Bail Bonds To Condominium

908 Nueces Rendering - Perales Engineering

12/10/2014: Updated rendering below!

While many of DAB’s friends will be sad to see Bail Bonds (777-7777) office go [sarcasm], we are interested in what is planned to replace it: 908 Nueces Condominiums.

908 Nueces LLC purchased the site in July.  The address for 908 Nueces LLC on the deed records matches up to several entities, but it looks like the management of 908 Nueces LLC is a company called Scotia Western States Housing LLC, based in Tucson.

Through a little research, we’ve confirmed that a builder in Tucson, A.F. Sterling Homes, will be the company developing this project.  While the company owns some single family rentals in Austin , this project will mark their first foray into developing dense housing in Austin.

Perales Engineering, who posted the below rendering of the project on their FB page in September, will be working with Urban Foundry Architecture on the project.

Here’s what we know so far:

  • Address = 908 Nueces
  • Lot =  0.29 Acres (~12,800 sf)
  • Proposed structure =  (~34,000) sf
  • Number of stories = 4 + 1 level of parking
  • Number of residences = 32
908-Nueces-Today

Google Street View Image of 908 Nueces Today

A rendering of the northeast perspective, given to us on 12/10/2014.  All renderings subject to change.

A rendering of the northeast perspective, given to us on 12/10/2014. All renderings subject to change.

 

908 Nueces Rendering - Perales Engineering

Rendering of the future 908 Nueces Condos, posted by Perales Engineering on Facebook





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.





New Hyatt House Hotel Proposed in Downtown Austin

New Hyatt House Hotel Proposed in Downtown Austin

hyatt-house-pittsburgh

Hyatt House line of extended stay hotels (not to be confused with the  relatively new Hyatt Place across the street from The Whitley) has announced plans to build at 9th and Neches.

Being catty-corner from the Mohawk, steps aways from the music district on Red River, it makes sense that they would want to put something like a hotel in this particular lot, rather than something like condos.  However, it just seems crazy to see even MORE hotels coming up when you have so many other hotel projects happening. I mean, the same company is building 2 hotels (300 rooms) literally right across 9th street at 805 Neches.

Admittedly, it’s going to be an improvement of what’s currently there:

901 Neches

screenshot from Google Maps, Feb 2014

Hyatt House has an existing Austin location in the Arboretum.  Here’s what we know about what’s proposed for the downtown Hyatt House:

  • 901 Neches Street
  • .41 Acres of land
  • ~17k sf of building
  • 189 Rooms
  • 139 parking spaces
  • 10 stories

Hyatt-House-Downtown-Austin

I’m a bit surprised by the amount of parking they are contemplating: 139 spaces, for 189 rooms. Since it’s an extended stay style of hotel, I suppose they see a demand for parking, and are investing accordingly.  It’s just a bit strange because White Lodging, the owner of Hyatt, recently proposed Aloft on Congress Avenue – a larger hotel just four blocks away, without any parking!

The site plan for Hyatt House has been filed with the city, and a decision regarding the application will be made before 10/20/2014.

Looks like the current owner, Journeyman Austin Holdings, bought the land in April of this year.