Downtown Austin Districts

Downtown Austin Round Up: Fairmont, Waller, Trinity, Oh my

Jude Galligan | March 28, 2014 |

Have you experienced the phenomena that BIG things seem to happen when you’re on vacation? This past week, while we attempted to cruise, there were multiple status report updates about three tall projects in downtown Austin.

99 Trinity Tower Announces $100mm, 39 Story Apartment Highrise

Back in November, DAB broke the news about Trinity Tower. Located just east of the Four Seasons Residences, and north of Lakeside apartments. This will become a very dense intersection. We have big expectations that this highrise will fill the perceptive gap between the Rainey Street neighborhood and the rest of downtown Austin. We’re thrilled that they are aiming high with a 39 story tower, which would be the tallest apartment building in Austin. Demolition of the warehouse should commence soon. (Statesman)

Waller Park Place Closes On Land

The Sutton Company closed on their deal to buy Perry Lorenz’s incredible 3-acre assemblage along Waller Creek. What Sutton is proposing is nothing short of the largest private development in the history of downtown Austin. Three towers in the Rainey Street district, including significant Waller Creek enhancements, stretching from Cesar Chavez to Davis Street. (Statesman)

Fairmont Selects Builder

This was significant because half of the people I talk with have begun to think this project is vapor-ware. The project was planned to break ground a while back. The Fairmont website is showing delivery in “2016+”, and the sign pictured above says “Opening Fall 2017”. We hope this is a reliable signal that the project will break ground soon. (Statesman)

-Jude

New CBD Office Tower Proposed For 5th & Colorado

Jude Galligan | March 3, 2014 |

Some of you will remember 2010 when a Starwood backed “1 Hotel” was proposed for the corner of W. 5th & Colorado Streets (201 W 5th Street). At the time, the low-rise-circa-1980s structure was demolished (<– check out the old pics and hotel rendering), creating the current surface parking lot and food trailer court that exists today.

A site plan application filed by Bury with the City shows a 20 story building ~~surpassing 344ft.~~ The elevation actually starting with 100 ft at grade, thus putting the above ground height, including mechanical, at ~269ft (thanks to Kevin Lehnhardt for the insight!). Last year, Dallas-based Lincoln properties planned a 16 story tower, so it’s grown a bit since then.

The valuable CBD development site is not encumbered by a Capital View Corridor, and is an entry point to the Warehouse District. Once they break ground, this will be the second major office tower under construction along Colorado Street. Combined with the construction-soon-to-commence Gables/Hotel ZaZa at 4th & Guadalupe, the new density bodes well for more daytime retail and restaurant offerings in downtown Austin.

5th & Colorado rendering from last year. — Rendering from last year by HKS.

Ground floor, drawing by Bury — Drawing by Bury, ground floor showing restaurant along W. 5th Street

Development Team Closes On Block 1

Jude Galligan | February 5, 2014 |

According to a City of Austin release, representatives with the City’s Economic Development and the project development team closed on the GWTP property (aka “Block 1) on January 31st. The development team is Trammell Crow, the Hanover Company, and Pacific Life Insurance.

Block 1 is a pivotal downtown waterfront development. It will improve connectivity with Second Street through to Nueces Street, the new Central Library, and the Seaholm District.

Summary of what we know about Block 1:

Located at Cesar Chavez and San Antonio Street.
Total project size is approximately 1.7 million square feet of mixed use development.
Block 1 totals 1.776 acres of land
38 floor three-tiered mixed-use tower
expect 440 apartments, including 50 affordable units
40,000 square feet of office and retail space.

The residential component is still being referred to as apartments for rent, and given Hanover’s participation we’ll take that at face value. (Hanover developed the Ashton). We should see site work commence in February with public streets and utility work, including the extension of Second Street.

Back in August we caught a glimpse of what Block 1 tower could look like. According to today’s release, the development team continues to signal it will be a 38 story building with a three-tier design, which is consistent with the rendering and elevations we’ve seen.

If you look at the downtown skyline from the south (78704), you’ll notice there’s a giant gap in the skyline between the AMLI on 2nd to the east and 360 Condos to the west. This project should fill that gap nicely.

More importantly, the walkable connectivity this project brings cannot be understated. It’s literally creating more “grid” and that’s perhaps the greatest upside this project can deliver to city-dwellers.

-Jude

South and East Elevation Drawings for Block 1 by Solomon Cordwell Buenz (SCB)

Girls Night Out – Things to Do in Downtown Austin

AG | December 29, 2013 |

Note: This evening’s itinerary also works for date night!

I like to do a group outing with girlfriends once every week or two, but sometimes we get into a rut – where we are doing the same things, going to the same places, etc. So, for 2014, I’ve made a commitment to try and mix things up a little (nothing too crazy) and try to do something a little different each time we get together. Last night was our first night since the holiday madness, and me and gals decided to hit up the northern edge of Congress near the Capitol – frankly, a seeming no man’s land in the evenings.

Me and some of my lady friends enjoying culture at The Contemporary. — Me and some of my lady friends at the beginning of girls night. At The Contemporary.

Stop 1 – 6pm: The Contemporary – The Jones Center at 7th and Congress

downtown-austin-contemporary-3 — An artistic shot of the staircase at The Contemporary – The Jones Center. Photo by Lindsey Strobel.

For a steal at $5, you can get in to The Contemporary – Jones Center, and view the exhibitions on site (apparently, your receipt gets you [Read more…] about Girls Night Out – Things to Do in Downtown Austin