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Downtown News and Rumor Round-up

Jude Galligan | May 7, 2013 |

Rainey Street District hotel breaking ground next month?

If you’ve been around downtown Austin since 2006, you’ve been hearing about the Hotel Van Zandt.

It was a sister development to the Shore Condos, sharing the northern end of the site.  Hotel Van Zandt was initially planned to be a $100 million, 29-story hotel and condo tower.  The scope has been reduced to 16 stories and will include just the hotel component.

We’ve heard all of this before. Developers are now telling the Statesman they plan to get going next month. This is the same thing they told the ABJ in March, which is a sign that it is indeed ready to roll.

Hotel Van Zandt was initially planned to be a $100 million, 29-story hotel and condo tower.  The scope has been reduced to 16 stories and will include just the hotel component.

Statesman has more

New Travis County courthouse up for debate

Courtmap

The ongoing debate for whether or not Travis County will enter into a deal for a public-private partnership to build a new courthouse downtown could be coming to a head.

Recently, the Statesman profiled some of the issues associated with the project, and on Tuesday the Commissioner Court talked to the finalists for the deal: URS and Broaddus and Associates.

The court did not take a vote when it discussed it at a hearing this past Tuesday, but is taking the issue back up this Tuesday.

The new courthouse could rise 17 stories next to Republic Square. Earlier this year, commissioners decided they will hold a bond election to finance the courthouse, but no date is certain.

If the deal ever falls through, or the public does not approve the bonds, it would put a lot that is not encumbered by capitol view limits back into the private market.

Statesman has more

Austin is a finalist to host the X Games

ESPN announced that Austin is one of four finalists to host the 2014, 2015 and 2016 X Games. The games would be held at the Circuit of the Americas, but without a doubt, we can expect something related downtown. If – of course – Austin ends up taking the cake.

For the record, I think it will.

Austin is competing with Chicago, Detroit, and Charlotte, N.C. I think both COTA and Gov. Perry will roll out the red carpet and offer just as competative package of any tax breaks the other cities and states can offer. From a ticketing and marketing perspective, the folks at ESPN must know that Austin is going to have the best draw among the kids and also know that marketing machines like Nike and Samsung already have the ground troops and past experience to tackle Austin from a marketing perspective, due to SXSW.

ESPN is sending envoys here next month and expects to pick a winner this summer.

KXAN has more

The saga of an expensive parking garage coming to a close?

For you readers who are devotees of downtown palace intrigue, the saga of Whittington v. City of Austin could finally be coming to a close.

The case started almost a decade ago, in relation to the public-private partnership the city got into to build the Hilton next to the convention center. The city seized Harry’s downtown lot and he sued them for it.

After a series of trials, the case made it all the way up to the Texas Supreme Court, which sided with the city.

Got to give it to the man, he knows how to dig in and raise hell. Although, he must have asked himself several times over the past few years: What would that lot have been worth today if the city hadn’t tied it up in litigation 10 years ago?

Maybe now, they will put all of that vacant retail space, which wraps the ground level of the garage, to good use.

ABJ has more

Filed Under: austin news, Railyard District, Rainey Street District

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

Filed Under: austin news, downtown austin

Signals That Lustre Pearl Is Moving

Jude Galligan | March 6, 2013 |

In response to an application to relocate the structure that is Lustre Pearl, the City of Austin Historic Landmark Commission staff recommendation is to permit the move once a new site is located and approved by staff.

Relocating the structure would free up the CBD zoned dirt for a mixed-use tower on the northern end of Rainey Street.

Opening Lustre Pearl in 2008, Bridget Dunlap was the first to see the opportunity in repurposing Rainey Street’s dilapidated CBD-zoned bungalows into bars.

From the HLC brief…

The house was built c. 1907. The City Directory indicates E.A. Murchison residing at 97 Rainey Street in the first listing for the address in the 1906-07 City Directory; however Mr. Murchison’s listing in the name directory indicates him residing at 1303 E. 12th Street.

The next listing in 1909 indicates physician and surgeon Dr. Samuel H. Haigler residing at the address. He resided there until 1913, after which Mrs. Sara A. Spence, widow of Robert Spense, was the resident and owner until at least 1924. J.C. Sample, a carpenter and his wife Minnie were the next residents until approximately 1933. For the remaining years the house was owned and rented by a series of families, none of which resided at the address for more than a few years at a time. All residents, save Dr. Haigler, were blue collar or “non-professional” workers with occupations such as waiter, dishwasher and janitor. Starting in the late 1940’s surnames of the residents indicate a demographic change from Anglo to Hispanic residents as is typical for addresses in the district.  – HLC background info (pdf)

 

Filed Under: austin history, downtown austin, Rainey Street District

Hotel Van Zandt To Begin Construction This Summer #foolmetwice

Jude Galligan | March 2, 2013 |

If you’ve been around downtown Austin since 2006, you’ve been hearing about the Hotel Van Zandt.  It was a sister development to the Shore Condos, sharing the northern end of the site.  Hotel Van Zandt was initially planned to be a $100 million, 29-story hotel and condo tower.  The scope has been reduced to 16 stories and will include just the hotel component.

“Greg Clay, chief investment officer for JMI Realty, which is developing the Hotel Van Zandt, said his company has applied for building permits and expects to break ground by June on the 16-story, 327-room hotel. It which will be operated by Kimpton Hotels, a San Francisco company, which specializes in chic boutique hotels.

Though JMI has owned the site at Red River and Davis streets since 2006, the project had been stalled by the recession and other factors, but now it’s back on track.” – Austin Business Journal

I’m eager to see this hotel built.  We’ve heard this story before, though I’ve heard enough scuttlebutt this time to be optimistic we really will see dirt start turning.

-Jude

[above rendering by WDG Architecture]

hotel-van-zandt-site

Filed Under: austin news, downtown austin, Rainey Street District, Real Estate

More Downtown Austin Apartment & Condo Projects Emerging

Jude Galligan | February 19, 2013 |

It seems like almost every direction we look around downtown Austin, construction cranes are deployed, helping concrete and steel skeletons reach to the sky.  Notably the JW Marriott hotel, across from the Austonian, has three cranes in place and will soon take shape.  But that’s just the newly visible construction: in and around downtown Austin there’s upwards of 8 million square feet of construction planned or underway.

Sometimes we forget to look outside of the downtown core.  Still, there on the far wings of downtown Austin, even more construction is (literally) on the horizon and DAB is here to give you a first look.

North Shore Lofts
More Rainey Street District development is on the way, joining the Sutton Towers, Austin Skyhouse and the (perpetually-stalled) Hotel Van Zandt. Not much is known at this point, but a new multifamily development is planned on a vacant plot of land on the north shore, next to the Holiday Inn right by I-35.

If built, the views of Lady Bird Lake would be incredible (and protected).

This site, addressed 16 North I-35, was rezoned from downtown mixed-use (DMU) to central business district (CBD) in 2005, and at the time was owned by Tom Calhoon, of Calhoon Properties.

Coming Soon: "North Shore Lofts"
Coming Soon: “North Shore Lofts”

West Campus Apartments
Don’t be fooled by the name, this project, at 17th and Guadalupe is not actually in “West Campus“, and is also planned to have condos.  Since as long as I can remember, this area near the Dog and Duck Pub, is one of the most run-down areas remaining in downtown, with a lot of properties sitting idly in disrepair.

Last time this site was anything productive it was an Arby’s.

Hopefully, this project will spur additional redevelopment of the low-density legacy buildings all around here. A few blocks north, the UT School of Business is building a new center next to the Player’s Club, which will also expand the AT&T Conference center, which might help energize the area, too.

-Jude

1715 gdlp current
Coming Soon: “West Campus Apartments”

Filed Under: austin apartments, austin condos, development, Downtown Austin lofts, condos, apartments, Rainey Street District, Real Estate

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