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Austin Fairmont Hotel To Break Ground November 3rd

Jude Galligan | October 24, 2014 |

Some people, myself included, were beginning to think downtown Austin’s Fairmont Hotel was becoming development vaporware.  Back in March there was proof-of-life when they began fencing off the site.

Today, according to a press release sent to DAB, the Fairmont Austin, the first hotel providing direct access to the Austin Convention Center, is announcing that it has secured financing and will break ground on November 3, 2014.

Colony Capital has stepped in with project financing for the $370 million luxury hotel, which is expected to open June 3, 2017.

The site, located at the northeast corner of Cesar Chavez & Red River is a 1.74-acre parcel situated along the bank of Waller Creek. The hotel will be notable for having a direct connection to the Austin Convention Center, via an arial promenade being designed by Thomas Phifer and Partners (the firm selected by the Waller Creek Conservancy to develop a master plan for the Waller Creek district).

The finished building will no doubt add to downtown Austin’s skyline. At 595 feet tall, it will be second tallest structure in downtown Austin – the tallest being the 56 story, 680-foot Austonian.

Summary of what we know about the Fairmont Hotel…

  • Number of rooms = 1,066
  • Number of stories = 37
  • Square Feet = 1.4 million
  • Building Height = 595 feet
  • Delivery = June 2017

-Jude

Fairmont_Rendering_Oct2014_final
Fairmont Hotel, Red River @ Cesar Chavez, southwest POV

Filed Under: Downtown Austin Districts, Railyard District, waller creek Tagged With: austin hotels

The Rainey Street House

AG | October 15, 2014 |

It looks like Rainey Street District will be getting a history center!  The big question is: where will it go?

On June 12, 2014, Councilman Mike Martinez made a motion, which was amended by Councilman Chris Riley and passed a council vote to essentially read as follows:

Directs the City Manager to accept the donation of the structure formerly located at 93 Rainey St. from Austin Rainey St. D/E/P, LLC, a Delaware, LLC., for use as the Rainey Street History Center.

Here’s the house at 93 Rainey in 2012 (taken from my MEGA Rainey post from 2012) – standing on one of the sites where Dinerstein is building the Millenium Apartments.

The ~1600sf structure as it stands today:

93-rainey-austin

This structure, which will be refurbished using funds from the Rainey Street District Fund, will be placed on a TBD location within the next 180 days.

Currently, these three locations are being considered:

64 Rainey, 700 Cummings, and East Avenue – all pictured below:

64 Rainey
700 Cummings
East Avenue Site

There are pros and cons to each of these sites, and the Rainey Neighbors Association will be discussing all the issues, and likely selecting the location THEY endorse (several other stakeholders may need to agree, including the MACC and the Waller Creek Conservancy) on 10/21 at 6:30pm at the Towers of Town Lake Library. If you are an RNA member – you’re welcome to come to the meeting! Otherwise, submit your thoughts on these sites in the comments below!

For more information, download the attached presentation by Austin Parks and Rec: Rainey-Street-House

Filed Under: austin history, austin neighborhoods, austin news, austin parks, austin recreation, city council, development, history, Rainey Street District

DANA to Host Transportation Forum Monday, July 28

AG | July 24, 2014 |

The Downtown Austin Neighborhood Association will be hosting a Transportation Forum THIS upcoming Monday, July 28, at Malverde – a lush, swanky private event space downtown located right above La Condesa.

The focus of the forum will be the proposed Urban Rail alignment from Project Connect, which DANA has publicly supported.  The current rail alignment would cut right through downtown through Trinity Street.  The current plan would also cause the less than 2-year old Waller Creek Boathouse (which is the location of one of my favorite little coffee shops, Alta’s) to be demolished to make way for the bridge over lady bird lake – which has caused a good amount of grumbling.

The program for the presentation will be as follows:

6:00pm – Doors Open
6:15-6:30pm – Presentation by Project Connect
6:30-6:35pm – Response
6:35-6:50pm – Presentation by AURA
6:50-6:55pm – Response
7:00-7:30pm – Q&A

So, as you can see, this will be more of a dialogue or debate rather than just a stiff ol’ presentation. AURA believes that the proposed urban rail route is actually worse than doing nothing.  I’m expecting things to get a little heated, for sure – which means this should be pretty darn interesting. Is it bad that I’m excited?

release-the-hounds
“Release the hounds!”

The event is free, but priority entry will be given to DANA Members, and RSVP is required.  Seating is limited.  Malverde will be offering 1/2 priced drinks and DANA is footing the bill for some light appetizers.

DANA to Host Transportation Forum Monday, July 28 http://t.co/C0C3oN2LzS

— Downtown Austin Blog (@downtown_austin) July 24, 2014

You can RSVP to the event directly from DAB:

Sell Tickets Online through Eventbrite

Filed Under: downtown austin

Forgotten About Downtown Austin Retail Space Available

Jude Galligan | May 9, 2014 |

Many of you have passed by the Convention Center parking garage, and could be forgiven for not noticing the vacant retail space that wraps the ground level of the garage.  For the better part of 10 years the City and Harry Whittington were entrenched in lawsuits.

The space is finally available and the City is looking to get it leased up quickly.  The location at 601 e 5th Street is one block from the Metro station, Convention Center, Moonshine, and 6th Street.

I think if the City gets a synergistic mix of tenants this could be the beginning of a downtown retail hub, anchored by Waller Creek and the Metro station.  The location is excellent and is only made better with obvious access to parking above.

convention-center-garage-retail

Within a half-mile you’ll find 7,365 hotel rooms, ~6mm feet of office, 69 retail stores, 84 restaurants.  The City had an appraisal completed pegging the anticipated rent rate of $15.00-$18.00 NNN per year, which seems pretty conservative, even for the shell condition of the space.

There are three retail spaces available along Red River, ranging from 3,580 ft for the smallest space to the total contiguous 14,890 ft.

If you’ve got a good idea, the City is accepting lease proposals.

-Jude

p.s.  If you want to check out the building, the Austin Convention & Visitors Bureau (ACVB) recently relocated its visitors center to one of the prominent spaces along 4th Street (much better digs than their old 6th Street spot, IMO, and includes curated murals from local artists).

601_E_5th_Street_-_Attachment_A

Filed Under: austin retail, Downtown Austin Districts, Red River District

Where Could You Put A Permanent Public Market In Downtown Austin?

Jude Galligan | September 23, 2013 |

The Downtown Austin Alliance is hosting a meeting this Wednesday (you can RSVP here) to discuss whether downtown Austin is ripe for a public market. They’ll also be bringing in a public market expert from a group called the Project for Public Spaces to discuss them with us.

I’m no expert but to me public markets are different than farmer’s markets. They should operate every day, often have options to sit-n-eat, and enjoy a cosmopolitan experience. Above all, a public market should be a “place,” a “destination,” and unique experience that melds cultures where you would take in-laws visiting from out of town.

Where would it go?

There are only a few sites downtown that could host a large public market.  Fortunately, most of these sites desperately need more activation.

Below are four site options in order of best opportunity!  (Hat tip to mi amigo, Jake Dirr, who helped brainstorm with me on this)

1) Convention Center Parking Garage ground floor (600 E 4th St): The ground floor of this city-owned parking garage is set up for retail, but fell victim to years of litigation regarding the original property owner, Harry Whittington.  It’s adjacent to transit, and surrounded by parking.  The ground floor could be gutted to create an indoor bazaar and market.  Because this option is climate controlled, it offers a year-round option, where as open aired public markets will suffer considerably in the 100-plus degree heat.

Vacant space below city parking garage

[Read more…] about Where Could You Put A Permanent Public Market In Downtown Austin?

Filed Under: downtown austin Tagged With: public market

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