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Co-working in downtown Austin has arrived, and competition is delivering flexible work spaces that are incredible.

WeWork is set to expand through to two additional floors (close to 1,000 new desks) in their current building right around the time of the opening of the 25,000 square foot Galvanize space in the Seaholm development.  Capital Factory, the original downtown Austin co-working/incubator/accelerator concept, is a major player in the market, as well.

Those large concepts look impressive, but aren’t a fit for everyone looking for a quieter space to be productive.  The result is that there are new co-working concepts leveraging smaller spaces in historic buildings.

As I walk into the space on the top floor of the Sampson Building on Congress Avenue, I am immediately struck by the quiet – audibly and visually.  The lack of distraction, hectic bustle, and co-working “flair” sets a much different tone than what I’m used to seeing in the other downtown Austin concepts (wework and galvanize), and the atmosphere is just one of the ways Open-Source Co-Working is trying to set itself apart from its larger competitors.

I’m a sucker for a historic building.  The patina and beauty that comes from being in a building like the [Read more…] about Historic Downtown Sampson Building Will Host New Co-Working Space

Adding new street grid, a mix of uses, and an attractive new “butterfly” bridge over Shoal Creek, downtown Austin’s Green Water Treatment Plant (GWTP) redevelopment is one of the most significant projects underway.

There are several pieces to the GWTP puzzle, and even us inveterate downtowners will benefit from a refresher.  The site is visibly made more complex with concurrent redevelopment of Seaholm and the new Austin Central Library to the west, and Third+Shoal to the north.

The Green Water Treatment Plant four-block redevelopment, for many years, was a concept of “what could one day be” and for years was not.

Built in 1925 and decommissioned in 2008, the Green Water Treatment Plant was Austin’s first water treatment facility. In 2008 the City of Austin sought developers for public-private partnership to redevelop the site, as part of broader 2nd Street District, and selected Trammel Crow because they proposed the most dense and ambitious plan for the site.

Some environmental issues stalled the redevelopment for a while, but now remarkably there are three distinct projects underway, plus one more wildcard to-be-determined.

Northshore (Block 1)

Construction on the first phase of redevelopment is the Northshore, a three-tiered mixed-use tower that bills itself as “the ultimate luxury living experience” with approximately 440 luxury apartments, along with 50 affordable units and more than 40,000 square feet of office and retail space. Construction is wrapping up, and the project is expected to open soon.

http://www.northshoreaustin.com

500 W. 2nd Street (Block 23)

One block up from Northshore is the the 500 W. 2nd Street office tower. Construction started December of 2014 on this 29-story, 500,000 square foot office tower that will have two ground-level restaurants. The lobby of 500 W. 2nd Street promises to be a striking experience from both the inside and out, by way of 26-foot tall frameless glass wall. Google made headlines by becoming the first tenant to sign on at the project and will occupy almost half the building by its completion in 2017.

http://500west2nd.com

Austin Proper Hotel & Residences (Block 188)

This 32-story Austin Proper hotel and condo tower (now taking reservations) is the most recent to make the news, having just been announced this summer.  The project will include 243 hotel rooms, plus another 94 condo units ranging in size from 850 square feet to 6,000-square-feet penthouses.  Construction is scheduled to start in November.

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To-Be-Determined (Block 185)

The last phase of Green Water is still up in the air, and please tip your editor if you know.  Trammell Crow is being tight lipped. The master plan calls for another residential tower, hosting 295 units, and a little more retail. It’s unknown if the residential units will go up for sale, or for rent, but I’m hopeful that the market will support a condo development.

Honorable mention: Third + Shoal

It’s worth noting that the four-block development butts up to one other major development to the north, which is not part of the Green Water redevelopment: Third+Shoal (slideshare), at 208 Nueces. Construction of the 349,000-square-foot, 28-story office building is scheduled to be completed in early 2017, following the demolition of the underwhelming Austin Music Hall.

-Jude

Bowie Street underpass finally on drawing board

The Bowie Street underpass project, to connect the Market District to the Pfluger Bridge under the Union Pacific railroad tracks, has been in the public domain for almost six years, but stagnant without any real progress.

Now it appears engineering plans are finally here!  This is especially welcome news for residents of Gables West and Spring Condos.

Records show a site plan by city infrastructure contractor HDR (although watermarked as “preliminary”) was officially signed off by engineers and submitted to city permitters in mid-August. Past reports anticipated the underpass to wrap construction in 2016, and this is a good sign the ball is moving.

So Long, Cozzoli’s

Cozzoli’s Pizza, a frequent late-night haunt of downtowners at 7th & Congress since 1981, closed its doors for good last month.  Owner Moosa Meschin, who worked behind the counter until the end, posted a farewell well note as he enters retirement.

Hatbox, a haberdashery once located on South Congress, has opened up shop in the space and is a welcome addition to promote an activated N. Congress corridor.

I’ll miss Cozzoli’s comfort food.  This is a loss for everyone in downtown Austin who appreciates the unpretentious.

416 Congress Boutique Hotel back from grave?

It was way back in 2011 that City Council blessed the 416 Congress “sliver hotel” only for the project to stagnate and never get off the ground.

However, the project has just been resubmitted, keeping it in play, and it remains unchanged from the 2011 vision. That plan call for a 26-story, 130-room hotel and restaurant behind a small 120-year-old Congress Avenue building (the entire structure, other than the front façade, will be demolished).

Proposed Kimber Modern Rainey loses the Kimber

The Kimber Modern Rainey hotel, slated to be a 30-room boutique hotel, in the Rainey Street District is at risk after mastermind Kimber Cavendish told local media she is out.

Located near the corner of River St @ East Ave, and with CBD zoning in place it’s an attractive development site.  There’s an indication in the report about the project’s moving forward with a different brand and vision.  Stay tuned.

SXSW guru’s company picks up downtown parcel unhindered by Capitol View Corridor

SXSW executive Roland Swenson’s development company — CZ Properties — picked up an acre parcel next to the State Capitol at 1400 Lavaca Street, according to new reports.

The property, which is just under an acre and currently includes a two-story building occupied by the Texas Restaurant Association, could be developed into something much more.

SXSW has remained tight-lipped other than to say it will be overflow office space. But I’d lay a small bet that an announcement will coincide in some way with the SXSW 30th anniversary (next year) if Swenson is planning to develop the spot.

Closed Downtown Austin recycling center lot to be developed by 70 Rainey developer

Ecology Action of Texas announced back in June that the downtown recycling center — at 707 East 9th Street — would close at the end of September.

What’s more interesting for some than the center closing is what’s possibly in store.

Travis County records indicate the property was sold in May to an entity called Waller Creek Development LLC.  The company, according to web searches, was formed in April this year, and is managed by James Hefelfinger of Sackman Enterprises.

Sackman Enterprises is also developing the 70 Rainey condos.

The East 9th Street property is capped by a Capitol View Corridor, but with Sackman staking a claim in Rainey Street, expect something very interesting to come that is complementary to Waller Creek corridor redevelopment.

Filling station at 10th & Lamar sold by Travis County

The Travis County Commissioner’s Court has approved selling the gas station used to fill county vehicles to a developer.

Sam Kumar, founder and president of the construction firm Journeyman, told the Austin-American Statesman he plans to build a small office space and three or four condominium apartments at the property.

Although not a huge project, it’s a welcome addition to liven up the North Lamar corridor downtown. The property has been underutilized since the urban renaissance of downtown Austin, and left in rather dingy status by Travis County.

Block 87 — at Trinity and Seventh — as massive mixed-use development

Very exciting news broke this week, the long-blighted parking lot owned by the Episcopal Church, is being marketing for a bold new vision.

Specifically, the Church is looking for a partner to develop Block 87 as part of a 600,000 square feet tower of office, residential, retail uses, generous parking, and the Archives of The Episcopal Church.

The lot at Trinity and Seventh streets was bought by the Episcopal Church in 2009, and sits across the street from the Austin Resource Center for the Homeless (ARCH).

The Church first planned a 70,000-square-foot, five-story archive building, a garage and limited ground-floor retail.. However, in 2011, it was reported that Church funds were diverted to assist in global disasters, and the lot has since sat untouched.

Sadly, derelict surface parking lots and adjacent homeless resource centers don’t exactly create welcoming environments downtown.  The community should be extremely supportive and optimistic that this project will get off the ground, sooner than later.

Villas on Town Lake HOA contemplates redevelopment

The HOA controlling the two acre site that is home to the Villas on Town Lake condos, located at 80 Red River Street, is availing themselves to proposals from potential buyers.  The 58 unit condo, built in 1982, is situated along Waller Creek.  According to the article, 80% of the ownership would need to approve any proposal.

The development regulations for properties within the Austin Waterfront Overlay, which this site is part of, are historically contentious and could impact what is feasible.

[Jump directly to the survey]

Construction is expected to wrap this winter for the Seaholm condos, with buyers who scored two years ago moving in shortly thereafter.  Some of you will remember way back in 2010 when former Austin City Council Member Chris Riley first publicly broached redeveloping the “other Seaholm” — the derelict intake facility on Lady Bird Lake connected to the former Seaholm Power Plant.

Then, in 2013, there was a Seaholm Intake design competition.  Today, I’m really excited that the Parks and Recreation Department has announced two final, refined redevelopment proposals, and opened up a survey to hear from the public.

The top team will be awarded a Master Development agreement for a public-private partnership.  So, I really encourage Parks to publish the survey data.  Curiously, neither of the two final designs hark back to the former “top designs” released in 2013. But that is not to say that the two new final proposals are not merely more refined versions of the 2013 pitches, after structural and civil engineers got in the game.

Proposal 1: Intake at Lady Bird Lake

The first proposal seems very ambitious, striking and breathtaking. It would in reality redevelop the building into an entirely new structure. The metallic spiral corkscrewing through the facility, along with canopy roof, would create an iconic landmark that future generations would associate with Austin.

It would probably cost a pretty penny, but if the city could partially monopolize this space for special events, then I could forsee this being an attractive option.

I’m weighing it a “C” for pragmatic likelihood of getting off the ground.

Proposal 2: A Place For The City

Compared to the other proposal, this feels like a very bland, unexciting project on the surface. But in terms of time to implement and overall cost, it seems very pragmatic. The exterior gets a face life and the interior basically becomes and exhibit hall and event venue, which is also monetizable.

I’m weighing it an “A” for pragmatic likelihood of getting off the ground.

Last year we began tracking the City’s push to expand the Austin Convention Center.  Which is all well and good until they expressed interest in doing it by swallowing downtown blocks.

The City Council Economic Opportunity Committee is slated to receive an update on the Convention Center’s expansion plan on Monday Aug. 24 — according to the draft agenda

I and others will be interested to see if the briefing adds any clarity to City’s public plan to buy one of the last prime redevelopment sites along Cesar Chavez (Block 8) for the expansion. The real estate, in the southern shadow of the Four Seasons Residences west of the Convention Center, has no height restrictions.

News broke in July that White Lodging had acquired a land lease on the same property and proposed to build a hotel on the site. However, the development news — which appears to have been “placed” by White Lodging PR — is sparse on details.

How the two projects would actually marry seems very complex.  It would be a sophisticated negotiating move by White Lodging to make this play to entice the City Council to really put their foot on the gas and fast track a Convention Center expansion.

The CEO of White Lodging was quoted in the local paper as saying the company’s looks “forward to working collaboratively with the city to ensure this project complements, and hopefully expedites, the proposed convention center expansion.”

Anyone who has ever bought or sold a car or a puppy knows how to put the heat on by lobbing in another interested buyer/seller — even if they are half imaginary. I encourage our City Council to consider that their policy choices on this matter will forever impact the future of downtown Austin.

As my friend Marshall put it:

I haven’t seen this hit the mainstream news yet, but a large 1.6-acre lot, with prime frontage along Waller Creek corridor and a potentially buried I-35 is on the market.  But, it’s future is uncertain.

The lot, at 408 North IH-35 between 4th and 5th Streets, is owned by the City of Austin. The city acquired it in 2010 as a staging area for Waller Creek Tunnel project.

According to city records, staff said they will bring a viable bidder forward to Mayor and Council by the end of the year.  Current City procedure requires the approval by City Council of any sales of a fee-simple parcel after staff has successfully identified a willing and able purchaser. Under standard procedure, City Council is not involved in the development of bid criteria for proposers.

There is a rumor among downtown aficionados that the Austin Fire Department has been eyeing the parcel ever since the city bought it, as place to relocate the firehouse at Brush Square Park.

Despite being limited by a Capitol View Corridor in terms of how tall it could be, it could be tall enough for me to believe that a fire station would be a bone-headed, shortsighted use of the land!

Through tax increment financing (TIF), Austin has bonded out millions to pull a long corridor of downtown out of the Waller Creek floodplain, and won public approval to develop the Sabine Street Promenade – which runs adjacent to the lot for sale.

Further, the importance of a world-class project moving into this slot crystallizes when taken into context of the still-enduring vision by the community to cut and cap I-35. In June, TxDOT officially got behind the idea of depressing I-35 about 25 feet below the frontage road level throughout its downtown Austin stretch, from south of Cesar Chavez Street to north of 15th Street.

I’ll be keeping an eye on this site, and am at least excited that the RFP process required by the City should help make sure that whatever project lands here contributes to the Waller Creek evolution.

-Jude

The Gilfillan House at 603 West 8^th Street is a 1905 structure that is on the National Register, a Recorded Texas Historic Landmark, and a City Landmark.  It’s tucked away in the northwest quadrant of downtown Austin, and the brand new luxury apartment building Seven towers over the historic structure. Located on the southwestern corner of 8^th & Nueces, it has been a law office since the early 80’s.  It is currently zoned GO-H. The Gilfillan House is grand, but it’s seen better days.

The site was most recently purchased in early June (with a note of almost $3.6MM), and the new ownership (headed up by Rene O. Campos – a real estate investor in Dallas) would like to zone it to DMU-H as part of a restoration of the historic structure. 

The much more flexible DMU-H rezoning would also allow the new owner to utilize the restored structure both for office use and for events such as weddings, receptions, business meetings, luncheons, fundraisers (among other things).  The owner’s representatives say that this type of flexibility would lend itself to more active uses of the site, and introducing more people to the historic structure (and fill in downtown Austin’s seeming increasing need for proper venue space).

Why is the Gilfillan House worth preserving and sharing, anyway?

A little research at the Austin History Center brought me to some interesting information:

This residence was constructed in 1905 for William L. Gilfillan (d 1932), one of the founders and directors of the Austin National Bank, designed by the prominent Austin architect Charles H. Page, Jr., the two-story brick home reflects a mixture of popular Pre-World War I architectural styles, including Mission Revival and the Prairie School.  In 1931, the home was purchased by Julius G. Knape, a Swedish stonemason and contractor.

Recorded Texas Historic Landmark – 1981

The Austin National Bank was founded in 1890 and built their second generation space at 507 Congress in 1895 (507 Congress doesn’t exist as an address anymore, it’s been absorbed).   The bank kept growing and relocating until its merger with First International Bancshares Inc in 1981.

Here’s a photograph of the 1895 location on Congress – designed by Charles H. Page.

So, lots of history, with lots of Austin’s early movers and shakers. We believe that it’s worth preserving and celebrating many of these structures and all of their stories. And we tend to think integrating the history with a current use is often better than a restoration that creates a well-preserved, but unapproachable (and generally unappreciated and unutilized) time-capsule. History is only useful if people actually know about it.

We personally love the juxtaposition of the old and the new that’s occurring in parts of downtown Austin, and are generally supportive of efforts to activate historic spaces so that the public can access them in a more meaningful way.  If done intelligently and intentionally, flexible commercial use of some historic buildings could be a great way to accomplish preservation, increase the functionality of prime downtown Austin real estate, and educate more folks about Austin’s rich history.