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Shoal Creek Walk Concept

by | December 11, 2009 |1 Comment
shoal-creek-walk-render-2

Schlosser Development is proposing a new mixed-use complex in the parking lot to the east of the downtown Austin Whole Foods.  The following renderings and description were recently submitted to the City of Austin Design Commission and will be presented on Monday, December 14th.  The status is currently conceptual.

The Shoal Creek Walk, a proposed development project from Schlosser Development, will be a true mixed-use building complex located at the corner of West Sixth and Bowie Streets in downtown Austin, Texas. The project will closely conform to the constraints of the site which include a capital view corridor over approximately one half of the property and the Shoal Creek floodplain elevation.

These site limitations create a specific and very limited area where building improvements can be made on the site, by restricting both the building height and the overall footprint of any buildings on the site. Within those limitations, two buildings will be situated along Bowie Street, as the eastern portion of the site is within the floodplain. The high-rise building, at 350′ tall, will be located on the north portion of the property with a total of approximately 490,000 sq. ft. of office, retail and residential uses. The low-rise building will be situated at the corner of West Fifth and Bowie Streets, with primarily offices above the first level retail component for a total of about 100,000 sq. ft.

The two buildings together will provide more than 450,000 sq. ft. of office space, which is of a size able to attract a major employer and will likely be built in phases, to allow accommodation of a variety of tenant sizes. This flexibility will greatly enhance the feasibility of the project moving forward. The larger building will also have a residential component of about 90 units located above the office in what will be a narrower, residential footprint. The residential component adds to the feasibility of the larger building and is consistent with the downtown plan preference for vertically integrated structures.

The parking will be entirely within structured parking garages, both above and below grade, possibly with several surface ADA and drop-off parking adjacent to the building. Materials for the building will be of durable quality and wi ll be consistent with the architecture represented in the Market District.

Filed Under: Austin photos, images, austin towers and high rises, buildings, downtown austin, Downtown Austin lofts, condos, apartments, Real Estate, urban planning Tagged With:

What Will Replace American Youth Works?

by | August 22, 2009 |1 Comment

Thanks to a tip from Michael and then confirmed yesterday when I saw the doors and windows boarded up, Downtown Austin Blog has learned that American Youth Works has moved out of its warehouse loft space on E 4th.

The building is owned by Austin Charter Schools Inc.  I haven’t read anything suggesting that AYW was preparing for a move, so this wasn’t on my radar.   Please leave any info you have in the comments.

Filed Under: buildings, downtown austin, office, Real Estate, rumors, gossip

Downtown Austin Federal Courthouse Groundbreaking On September 2nd

by | August 18, 2009 |Leave a Comment

According the Statesman, the proposed Federal Courthouse at 5th @ San Antonio begins construction in less than two weeks.  Months ago $116MM of American Recovery and Reinvestment Act funds were allocated to the courthouse and, though seemingly moot, there continues to be strong opinions against the design and location.  I’m looking forward to its completion.  The new workforce occupying the courthouse will bring more economic activity to the retail shops within walking distance.

-Jude

Filed Under: buildings, downtown austin, Real Estate, urban planning Tagged With:

Gables Pressler

by | August 4, 2009 |6 Comments

Yesterday, I headed over to the nearly completed Gables Pressler apartments on W 5th Street.  Located just a few blocks east of another new Gables development, 5th Street Commons, Pressler is being marketed as Gables most “green” project in Austin.

5th Street, west of Lamar, has evolved rapidly.  In less than a year we’ve seen the addition of dozens of new retail shops filled with local businesses along with hundreds of new residents and pedestrians improving what had been nothing more than a wide boulevard that connected Mopac to Lamar.

Ad for Presslers Garden, in the 1887 Austin City Directory

Ad for Pressler's Garden, in the 1887 Austin City Directory

Gables Pressler is named after Paul Pressler, proprietor of Pressler’s beer garden originally built where Gables stands today.  The chronicle has a great article on turn of the century beer gardens and goes on to say about Pressler:

“Pressler’s Beer Garden was located between the river and West Pecan Street (Sixth Street) in Old West Austin. Built around a steam brewery started by Paul Pressler in the early 1870s, it operated for more than 30 years before being swallowed by residential development. Situated on what was then the western fringe of the city, its idyllic rural location made it the perfect spot for relaxing under live oaks with a frothy mug of beer. It had a concert hall that regularly hosted touring German singing and theatrical acts. The grounds around the concert hall were landscaped with curving walks, ornamental shrubbery, arbors, and a fountain. The extended grounds also featured a boating ramp, a shooting club, and an alligator pond.“

The location is what sells this place – it’s equidistant to West Lynn @ 12th as it is to Whole Foods or the running trails.  There are 168 units made up of studios, 1bd, and 2bd units.  The finishes are nice.  There is an interior courtyard with a pool.  The leasing agent informed me that they are offering three months free on a twelve month lease for all leases which commence by August 31st.

Pricing as of August 4th, 2009 (pdf)

Gables Pressler
507 Pressler St
Austin, Tx 78703
(map)

-Jude

Filed Under: austin apartments, buildings, development, downtown austin, Downtown Austin lofts, condos, apartments, Real Estate Tagged With: , , ,

Federal Courthouse Gets Stimulated

by | April 1, 2009 |3 Comments
ooph.

ooph.

This is everywhere today, so I won’t rehash the details, but according to KXAN, $116MM of stimulus funds are going to build what we’ve been hoping would just go away – the Federal Courthouse. Eek! The design of the proposed federal courthouse is postmodern brutalism.  Previous discussion over at Austin Contrarian.

-Jude

Filed Under: Austin photos, images, buildings, development, downtown austin, Real Estate, urban planning

Insider Deals

by | March 12, 2009 |Leave a Comment

My business is Downtown Austin Real Estate.  Not West Lake, not Circle C, not Hyde Park, not Tarrytown – simply Downtown Austin!

Deals are getting done in Downtown Austin.  Sellers are loathe to publicly lower prices.  Instead, they sporadically reach out to a handful of market makers and suggest a price when they need to get a deal done.  I’ve seen developers require a non-disclosure agreement!  Who cares, you just got a great deal because you were in the know.  Recently, my firm has negotiated deals of 30% off asking price.

Are you in the know?

I am opening up my insider deal contact book to prepared buyers that are pre-approved and ready to negotiate.  This is an invitation to join my short list of buyers who receive a heads up whenever a seller contacts me motivated to make a deal.  This goes for condo sales AND apartment leases.

Being prepared to close is the key to negotiating a super deal.  You, or someone you know, can be added to my distribution list by sending me an email including:

-a pre-approval letter from your lender (if you are buying)
-your desired amount of space

Jude Galligan, Downtown Austin Realtor
judegalligan [@] gmail.com
512-226-3414

Filed Under: buildings, Downtown Austin lofts, condos, apartments, office, Real Estate

Spring condos topping out party pics

by | February 26, 2009 |1 Comment
spring condos interior - bathroom tub

[shameless plug :-) for more information about buying at the Spring condos, including the inside scoop on pricing at Spring and at other luxury buildings in downtown Austin, contact Jude Galligan, Downtown Austin Realtor   (512) 226-3414   judegalligan [@] gmail.com

Southwestern view from 41st floor at Spring condos

Southwestern view from 41st floor at Spring condos

If you witnessed a line extending half-a-block down w. 3rd on Tuesday evening it was the line to get to the top of Spring condominiums.  The party was to celebrate their topping out at the 41st floor.  Using the cargo elevator, attendees were taken to the 41st floor.  Once on the 41st floor you walked off the cargo and greeted by a cavernous space filled with guests (similar to the Austonian party).  Judging by the line and logistical challenges, including a 45 minute wait to get a tour of the interiors, I don’t think the Spring developers planned for the volume of guests!  Still, the drinks were flowing and everyone looked to be having a great time.  The views were what you would expect at that level… while the sun was setting… amazing.

Guests were also invited to tour a couple of furnished model units.  Many existing buyers were in attendance, eager to get their first glimpse of a completed floor plan.

After the jump you can find a few pics of the interiors.

[Read more...]

Filed Under: buildings, development, downtown austin, Downtown Austin lofts, condos, apartments, Real Estate Tagged With: ,

Proposed Federal Court House Discussion

by | February 22, 2009 |Leave a Comment

Over at Austin Contrarian we can find some interesting thoughts on the [poor] location of the proposed Federal Court House. Specifically, I give it up to Miggy for this simple, yet significant, observation:

“Taking a one-block by one-block square of valuable downtown land largely unencumbered by the capital view corridors off the tax rolls permanently doesn’t help Austin at all. This is where density should be targeted and this building is far from helping that goal. Also to say that the bunker-on-three-sides structure is pedestrian unfriendly would be an understatement.”

Also, Miggy brings up another concern about moving the post office to Red River.

“On a final note – the moving of the Post Office to over near Club de Ville and Red River makes no sense to me either. How many office workers will find that location convenient? And how will that dead retail streetfront (or worse-yet – similar suburban parking lot and drive-thru) help the still nascent Red River entertainment district which is already threatened by any number of other forces. I don’t know what the reasoning was but just based on my surface knowledge – they should have kept in the bottom of the Ovation building as planned.”

Andrews Urban and the Post Office own the block of land across from Stubbs. The post office was going to move there in order for Andrews Urban/Novare to build Ovation where the current post office is located. IMHO, Ovation has ZERO chance of being built within the next five years, so hopefully Miggy’s point is moot.

Filed Under: buildings, development, Real Estate, rumors, gossip, urban planning

Day five, becoming a model urban neighborhood: what does Downtown Austin need?

by | February 19, 2009 |Leave a Comment

Each day this week I am serving up one item, with non-politically correct candor, that Downtown Austin needs to become a model of re-urbanization, as I see it.

Politicians love to talk, form task forces, and spend time doing everything except for making decisions as they are needed.  So, this is an appeal to Downtown Austin stakeholders that know how to get things done:  the residents, developers, retailers, and land owners.

Improved landmark protection, design standards, and enforcement

This is an average landmarked building on East Sixth Street.  Here is another – note the beautiful brick archwork accented by a plywood sign!  The building owners, tenants, and the city should be embarrassed.  So much of Austin’s history exists in those buildings.  Any building that has a landmark plaque should be respected and preserved.

The city may say “we don’t regulate ugly”.  They should.  The city must better leverage the Historical Landmark Commission and Heritage Society to protect the facades, awnings, and cleanliness of our historic buildings..  Unless the city begins to affect positive change, we will continue to see the warehouse district disappear and East Sixth Street deteriorate.  It appears that voluntary compliance by landlords to maintain an expected (or expressed) standard doesn’t work and the city must begin to enforce regulations.

BTW, the owners of landmarked buildings get significant tax breaks.

Filed Under: Austin photos, images, buildings, downtown austin, entertainment district, history, Real Estate, urban planning

Becoming a model urban neighborhood: what does Downtown Austin need?

by | February 15, 2009 |8 Comments
Stratus's rendering for HEB at Seaholm

Each day this week I am serving up one item, with non-politically correct candor, that Downtown Austin needs to become a model of re-urbanization, as I see it.

Politicians love to talk, form task forces, and spend time doing everything except for making decisions as they are needed.  So, this is an appeal to Downtown Austin stakeholders that know how to get things done:  the residents, developers, retailers, and land owners.

I want a Super Target on Congress Ave.

Yes, it’s known as a big box store and is identified with sprawl.  It doesn’t need to be that way! Retailers like H-E-B and WalMart are sophisticated enough to design stores that work as urban infill or adaptive reuse projects.  A large destination store that has groceries and products that people need [and can afford] on a regular basis would be amazingly successful.

Remember that rendering produced by Stratus for the Seaholm redevelopment which depicted a multi-story H-E-B?  That was inspired.

Downtown Austin landlords with retail space should begin to focus less on luxury goods and more on “liveability” goods.  I don’t want to see more boutiques.  I don’t want to see more salons.  I don’t want to see more bars/lounges.  These are all fine, except they serve a very limited audience.  The next wave of successful retail in Downtown Austin will be for products that people need and can afford to purchase.

Stratus's rendering for HEB at Seaholm

Stratus's rendering for HEB at Seaholm

Filed Under: buildings, development, downtown austin, Real Estate, retail, small business, urban family, urban planning
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