Archives for May 2010
- Waller Creek Citizens Advisory Committee meets tonight. Link to the agenda.(pdf) Of particular interest is the update on the TIF district and its development capacity.
- Car2Go goes public tomorrow, May 21st. The public launch of car2go will be celebrated tomorrow by a free event at Republic Square Park on 4th Street and Guadalupe starting at 4:00pm and ending at 10:00pm.
- Development news keeps coming, though nothing imminent: Block 51, Austin Energy building on West Ave, City planning a new parking garage, State capitol considering more density.
- Green Water Treatment Plant decommissioning update (pdf)
I’m gonna go ahead and file this under ” T ” for “Things I’m Really, Really Pumped About.”
$4.00/glass, $10/half-liter. Party.
Cafe Crepe: 200 San Jacinto Boulevard, Austin, TX, 78701-4028, (512) 480-0084
Located at 3rd Street and West Ave, surrounded by chain link fence, the fate of Austin Energy’s eye sore of a building is all but sealed. Constructive Ventures and Trammel Crow are partnering up to develop the site. According to the Statesman article…
The lead developer, Austin-based Constructive Ventures Inc. , would build the $220 million project on a 1.7-acre site that is currently home to the Austin Energy Control Center.
The City Council is set to vote today to authorize the city manager to sign a development agreement with a partnership of Constructive Ventures and Trammell Crow Co. to buy the tract for $14.5 million.
Construction couldn’t begin until 2013, at the earliest. Then it’s unknown if the capital markets will be there to provide viable financing terms. In summary, this is definitely progress and a step in the right direction, but there is still a long way before we see a new building.