Jude Galligan

Downtown News and Rumor Round-up

Jude Galligan | April 14, 2013 |

Whitley apartment building opens doors

Announced in September 2011, The Whitley apartment building, at Brazos and Fourth, welcomed its first tenants this month. The 16-story building brings 266 apartments, and is the vanguard of an apartment building boom in the core.

There are at least another 1,100 apartments coming online, not including the projects recently detailed on this blog. Downtown apartment occupancy remains at a stunning 98 percent occupancy as of late February.

The Statesman has more

Downtown braces for more convention business

Its long been part of local king-makers’ narrative that Austin is missing out on tourism business – or essentially free money for the local economy – due to a shortfall of hotel rooms.

Now, some 4,000 hotel rooms are coming online in and around downtown, which means we get to share our awesome downtown with more people.

Tourism dollars, for those who don’t follow this stuff, are highly-coveted because they pump a ton of sales tax into the local economy, but tourists cost little in terms of core-city services, such as police and fire.

The Statesman has more

Cousins Third & Colorado project kaput?

Cousins property last year announced a pretty cool-looking office tower at Third and Colorado, in the Warehouse District.

Cousins said it had hoped to break ground late last year, and to date, there is no physical progress. One reason for the delay is they still don’t have their zoning, but it’s on the council agenda this week.

This is creating fears that the project may be put on ice as other office project jockey for tenants.

Austin Towers has more

Block 51 – aka IBC Bank tower – and 7 Rio set for groundbreaking

Two longtime downtown projects, which have been germinating for half a decade are finally getting ready to sprout.

Block 51, which is just north of the new federal courthouse, and 7 Rio (located at 7th and Rio Grande) both filed paperwork to start partially blocking the streets to begin construction.

Austin Towers has more

City Council finalizes new parking requirements: There are none

City Council has waved future parking requirements for new downtown development.

This is a symbolic and legal step forward because minimum parking requirements have many negative effects, including:

Generate greater automobile usage and reduce use of transit and walking.
Increase building construction costs and make units less affordable.
Negatively affect the aesthetics of the built environment.
Perpetuate the inefficient use of available parking. (Currently many parking spaces in garages downtown sit empty throughout the day and night.)

KVUE has more

Cirrus Logic campus plan OK’d by Planning Commission

Apple supplier Cirrus Logic’s plans to build a new building that is as tall as its new headquarters got the green light from the Austin Planning Commission recommendation despite opposition from neighborhood associations.

Austin Business Journal has more

Sayonara, downtown Arby’s shell

Jude Galligan | April 10, 2013 |

When I posted earlier this year that a student housing project was slated for the intersection of 17^th and Guadalupe – a site haunted by an abandoned Arby’s – some folks were less than sure it would happen.

The catch was that the developer needs to build underground parking and the new building in time for the August UT move-in.

Today, I bring you evidence that the project is indeed moving forward, and with gusto.

As you can see, the Arby’s building there has been wiped from the face of the earth. On April 8, a permit was also issued for excavation to begin, so expect that soon. If you headed around there, a quick heads up that the construction crews are going to use the south side of 18^th Street for construction of building an the sidewalk will be closed.

No word yet on what the building will look like, by the way.

Downtown News and Rumor Round-up

Jude Galligan | April 6, 2013 |

Fairmont hotel spurs nearby land deals

The dirt parking lot across the street south of the Fairmont hotel site, plus with the Iron Works BBQ auxiliary parking lot (due south of Iron Works BBQ) are both under contract, which hints at future development.

Plans are not being disclosed, but one buyer group is reported to be local and the second is from California. Robert Knight and Perry Lorenz own the land are are also selling a lot at Red River and Fourth Street.

The Austin Business Journal has more

Austin Towers has more on the Fairmont

Downtown a major draw for new residents

The Austin American-Statesman parsed some census data and confirmed that downtown is a major destination for the hoards of people migrating to Austin.

Downtown Austin had the highest percentage of Austin residents who had lived in another state one year earlier. About 1 in 10 of downtown’s population moved from another state.

A commenter to the story, said: “The first thing the agent showed us when we moved here was Steiner Ranch. We asked her to turn the car around and leave. Steiner is exactly the kind of place you find in Anytown, USA. Why bother to move here? We opted for downtown. DT is Austin.”

Statesman has more

Downtown businesses launch car-reduction program

The Austin City Council approved a measure to help fund a pilot program for downtown business tenants to encourage their employees to get to work without a car.

This could include bike parking, employee subsidies for car sharing or transit passes, alternative work schedules or workplaces with locker and shower facilities. (Still waiting on bike share, City Hall people. What gives with the hold up?)

Businesses will have to apply to participate in the pilot project. Applications will be accepted through April 30, and the program will be activated between May and June. For more information visit the program website.

KUT News has more

Local Texas lawmakers take on Congress Ave. development

Bills filed by State Sen. Kirk Watson and State Rep. Donna Howard would make the stepback standards that the city currently enforces in the area into a state law. It is being reported that the Downtown Austin Alliance supports the bill.

The Austin Contrarian blog posted a critique, which drew a full-fledged response from Sen. Watson.

The Austin Business Journal has more

Rumors Surround Medical School Downtown

Jude Galligan | April 2, 2013 |

The Austin American-Statesman ran a front page story today teasing a bio-tech innovation district downtown around the new Dell Medical School. (That the story ran one day after The Mohawk issued an April Fools press release lamenting the demise of cool Red River is pretty funny.)

Mohawk shenanigans aside, the Statesman story didn’t really say much new, but it did put ink to paper on a handful of rumors that have been floating around and I had heard, which I’d like to capture for you here.

1) There is universal consensus is that the teaching hospital will be built by Seton’s Brackenridge Hospital. No one with a six-figure salary will confirm it unequivocally, but the key suspect location for the hospital is the parking lot on the south side of the Erwin Center. This site is known as the “Elephant Lot” and is so named for the elephants who call it home when the circus comes to town.

2) The medical school is being proposed to exist atop the site where the tennis courts are now, which is UT land. The medical school will be housed in two buildings: an administrative and classroom space and a research area. Recently, UT hired Boston planning and design firm Sasaki Associates Inc. – which is currently developing an update to the UT-Austin campus master plan – to also develop a medical district master plan.

3) Some people are talking about tearing down the Erwin Center eventually to make room for more medical stuff. Whether this comes to fruition remains to be seen. Where UT would house indoor sports and where older people would go to replay their high school rock years is undetermined. This would perhaps be laid out when UT unveils its updated master plan. At a recent regent’s meeting, President Bill Powers said it was almost ready. (That was before all the drama unfolded and his job appeared in peril, so unveiling the master plan is probably on the back burner for now.)

4) Brackenridge, the current hospital, would not be demolished. Instead the majority of the facility will be re-purposed into things like meetings spaces. A simulated treatment center, used to train nursing students from colleges all over the area, would remain in use at Brackenridge.

5) Something I had not heard before is talk of “straightening out Red River Street, whose current path includes an westward bulge where it intersects with East 15th,” as noted by the Statesman. How this would be paid for is not mentioned and I presume it would be a heavy Public Works project that would have to come out of another city bond measure to fund the job. We’re talking major engineering, not the kind of construction we see for Great Streets downtown.

6) The Statesman also quoted the Mayor as saying that the HealthSouth Rehabilitation Hospital and the Travis County medical examiner’s office, both of which occupy city-owned land under leases, could be re-purposed.

7) Two things not mentioned in the Statesman story: The medical arts master plan impact on the Waller Creek taxing district, or the impact of Urban Rail on this plan (if it ever goes to a vote and is passed).

8) It must also be said: A medical arts district downtown will continue to drive housing demand in the core for a variety of reasons. For that reason alone, I am for it.

Downtown News and Rumor Round-up

Jude Galligan | March 29, 2013 |

There’s a number of interesting items relating to downtown in the news recently. With so much going on these days, along with the demise of Google Reader, we’re going to try something new at DAB: an end of the week wrap-up of what’s been in the news related to downtown. If you are like me, it is hard sometimes, to keep up with everything, especially during personally busy weeks.

Do me a huge favor and be sure to leave a comment if this is helpful and if you’d like to see this as a regular feature.

Rainey Street Ramps Up (again!)

Two new projects have filed site plans for new construction within the Rainey Street neighborhood district.

The vacant lot across the street from the Mexican American Cultural Center at 70 Rainey filed paperwork to build a mixed-use sky scraper consisting of a restaurant, residential units, and parking.

Down the street, the North Shore Lofts are moving forward with a multi-family building at the corner of the north shore and I-35, that will bring 44 class A multifamily units to the site.

Austin Towers has more

Capitol Kibosh

Texas lawmakers moved again earlier this week to make good on their sabre-rattling to freeze any development plans around the Capitol Complex.

A senate committee passed SB 894, by State Sen. John Whitmire (D-Houston), making unsolicited proposals for development of the area north of the Capitol grounds illegal.

This effectively kills plans for the planetarium and high rise development.

The bill will also force potential developers to pitch their development plans before the Legislature every two years.

Notably, this bill has more than 20 sponsors and is also being supported by Kirk Watson.

KUT News has more

W Hotel for sale?

The Austin American-Statesman got its hands on a marketing brochure that says the W Hotel, also known as Block 21 and the home of the ACL Live studio is for sale.

The tower also includes 159 condominiums that aren’t part of the sale. To date 131 of the condos have been sold or are under contract, at an average price of more than $600 a square foot, according to the offering brochure. Jones Lang LaSalle’s Hotels & Hospitality Group is marketing the property.

Statesman has more

Travis County altering development plans?

County commissioners are considering another $38.5 million building downtown in early April at the corner of West 11th and San Antonio streets. The county previously received a proposal for a $60 million building on the same site.

In December, the county purchased the land for $7.25 million. It includes part of the Texas PTA offices and a parking lot.

Statesman has more

To view or not to view

While not downtown, we’re noting that neighbors are opposing the Taco Cabana development.

Bridges’ Homeowner Association has petitioned the City to deny a zoning request there.

Austin city planner Jerry Rusthoven told KVUE: “City code does not protect people’s views. That came up recently in another case downtown.”

KVUE has more on the dispute and Austin Towers has the details on the development