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Downtown Austin News Bites

AG | February 26, 2015 |

Signs of Progress for Waller Park Place

An application to re-subdivide the lots at 92-98 Red River, 504-505 Willow St., and 503 and 511 E Cesar Chavez was filed recently.  We’re eager to see Waller Park Place break ground.  This is notable as the largest private development ever proposed in downtown Austin, and when complete will be bring more daytime activity for the burgeoning Rainey Street District.

Bed & Breakfast Proposed for 1304 Rio Grande

A bed & breakfast concept could potentially breathe a little new life into a district of downtown mostly filled with older homes hosting small offices. Very little info exists on the project right now, but we’ll update you as we get additional details.

location
Google Streetview

A Walk in the Clouds in Downtown Austin

No, this isn’t the 2015 Downtown Austin Blog Prom Theme.  It’s another way of saying that downtown Austin is getting another really cool sky bridge concept, a la Fairmont to the Austin Convention Center.

Rendering of skybridge that will connect Fairmont to Austin Convention Center
Rendering of skybridge that will connect Fairmont to Austin Convention Center

This time, the “aerial right-of-way encroachment” (sky bridge is catchier, admittedly), is being proposed between West 5th and West 6th Street on Bowie street, and will connect slick new Bowie Apartments  Shoal Creek Walk (Class A office and ground floor retail, by Schlosser Development) to Whole Foods Headquarters, a development that has just started site work.

Per developer, this was REQUIRED by city code, since at least one of the buildings it will be connecting are in the flood plain.  An additional escape route was required to avoid a fire hazard. It’s our understanding that this concept is a go – as the time for objections has passed, and it’s a safety requirement.  We think it’s kind of neat.

location-of-bowie-skybridge-downtown-austin-real-estate

Millenium Rainey Restaurant Space Available for $36/sf NNN

Speaking of Rainey Street Happenings, the marketing for the commercial space at Millenium Rainey Apartments is in full force.  CBRE is marketing the property – take a look at the marketing packet they created:

(Click on the images for a larger view)

First Crane for Aspen Heights Apartments at 8th and Nueces

It’s alive!  Aspen Heights Apartments moving forward with construction, as evidenced by the massive crane recently erected on the site.

Filed Under: downtown austin, waller creek

Rainey Street District Welcomes Salvation Pizza… and More

AG | February 20, 2015 |

The Rainey Street District continues to evolve, most recently with the opening of Salvation Pizza at the base the Skyhouse Apartments, and across from Milago condos. And another pizza is apparently underway just down the block at 78 Rainey.

When Skyhouse apartments opened last year, their first retail tenant was the enormously popular Royal Blue Grocery. For months a TABC permit application donned the window and residents wondered when Salvation Pizza would finally open.

Jude and I stopped in the other day and enjoyed a white pizza and it was very, very [Read more…] about Rainey Street District Welcomes Salvation Pizza… and More

Filed Under: austin apartments, austin restaurant reviews, Rainey Street District

70 Rainey Signals Condo Tower

Jude Galligan | January 11, 2015 |

The popular Rainey Street district may host the next condo tower to be announced in downtown Austin.  Known simply as 70 Rainey, the four lot assemblage, currently occupied by several mobile food trucks, is situated just east of the Mexican American Cultural Center.

While we’ve been expecting a tower on this site, it is noteworthy that 70rainey.com indicates the tower will deliver as condos for sale, rather than previous reports of a multi-family tower with apartments for rent.

70-rainey-map
Outline of the site, and adjacent 64 Rainey owned by the MACC

The site has been in play for several years and has seen several owners.

The current owner, Freemont Holdings, LLC – a related company of Manhattan developer Sackman Enterprises, acquired the site last year from local Riverside Resources.

City of Austin filings indicate that the site plan might not be fully fleshed out.  As of last October engineers are seeking 200 residences, for a total project size of 531,806 sf.

This is a nuanced change from what the project was originally entitled for, and new City of Austin ordinances for density in Rainey Street could hand-tie the developers ability tweak the building.  The new desired height of the tower has increased to 35 stories due to smaller floor plates in the revised building plan.

Summary of what we know about 70 Rainey:

  • Number of dwellings = 200 (86 1bd, 110 2bd, 4 penthouse)
  • Building size = 531,806 SF
  • Number of stories = 35 (tbd.)
  • Number of parking spaces = 478
  • Amenities include: onsite restaurant, 24 hour concierge, pool, gym, great streets sidewalks

After years without any new condo towers, the past 18 months have given downtown Austin three official announcements: Seaholm, Fifth & West, and The Independent.  The only building to see vertical construction so far is Seaholm, but site work has begun on Fifth & West.

Interestingly, those condo towers are located within two blocks of each other, and each is anchored to West Avenue.  It would be great to spread some of that excitement to the east of Congress Avenue, and perhaps that will be 70 Rainey… but maybe we’ll just as soon see 99 Trinity, or the three towers proposed by Waller Park Place.

-Jude

Filed Under: downtown austin

Visiting Seattle

AG | January 6, 2015 |

Jude and I like to travel in December, and we recently took our annual winter trip.  This year’s trip began in Seattle, WA. Neither of us had ever been to Seattle before, and were pleasantly surprised at the cultural similarities that the two cities have, while also, in my opinion, having very different “feeling” downtown areas.  Naturally, we began comparing the two downtowns, and while Austin is doing a lot of things right within the urban-core to make it one of the most desirable places in the country to live, downtown Seattle is also doing a lot of things right, and is anchored by beautiful natural scenery. Our City leadership can look to Seattle in terms of continuing to optimize Austin’s potential, notably their [troubled] effort to tear down the Alaskan Way Viaduct, a hideous highway separating the city from the bay.

 

Seattle-skyline

But, before I begin really comparing, I think it would be a good idea to start with some historical facts / population stats for both cities:

Population of downtown area:
Austin: around 10,000 (Downtown Austin Alliance), close to 1% of Austin’s total population
Seattle: around 60,000, close to 10% of Seattle’s total population (Downtown Seattle Association)

Public  / Communal Transportation:
Austin: CapMetro Buses, Red Line Commuter Rail, Taxis, BikeShare, Uber, Lyft, Car2Go, ZipCar
Seattle: Metro Buses, Ferry, Seattle Center Monorail, Seattle Streetcar, Link Light Rail, Taxi, Uber, Lyft, Car2Go, ZipCar

Public Market:
Austin: Sunday Farmer’s market in Republic Square park
Seattle: Pike Place Public Market, a permanent installment open 7 days a week

Size of downtown area:
Austin: 9 districts, approximately 1.5 square miles overall (.005 of total size of Austin)
Seattle: 12 distinct neighborhoods, approximately 4 square miles overall (.03 of total size of Austin)

downtown Austin
downtown Seattle

Population Growth:
Austin and Seattle are the two fastest growing cities in the nation.

Notable Corporate HQs:
Austin: Whole Foods, HomeAway, GSD&M
Seattle: Amazon.com, Tableau, Starbucks

starbucks-logo-seattle
The original and, ahem, more anatomically correct Starbucks logo that you see much more prevalently in Seattle

The most interesting of these statistics, to me, is that the relative size and population of downtown Seattle to the overall city is a much higher percentage than with Austin.  One way of interpreting that fact is to say that downtown is a bigger part of the total Seattle experience, and I have a feeling policy and funding follow suit (which brings more dollars and more vibrancy back into their downtown to flow out to the rest of their city).  However, I would say that most people in Austin realize that downtown IS the city’s cultural center and a must see / do.   I think all Austinites can continue to keep that perspective top of mind while encouraging continued growth in our urban core – realizing that a vibrant and engaging downtown brings benefit to the entire city.

However, despite their difference in scope – downtown Seattle and downtown Austin do have similarities. For instance, where downtown Seattle has graceful Gulls, whose calls evoke the sounds of the calming sea that traces the edges of Seattle’s downtown,…downtown Austin has Grackles.  (Okay, so Seattle wins that one.) Where downtown Seattle has insane hills that are the stuff of sleigh-riders dreams, downtown Austin has a gentle southeastern slope that makes outdoor activities a dream. Downtown Seattle has the Needle, downtown Austin has … the Austonian.  Downtown Seattle has a crazy Gum Wall, downtown Austin (well, close to downtown) has a graffiti wall (Hope Outdoor Gallery).

the gum wall is huge!
gum wall, up close
The Hope Outdoor Gallery / Graffiti Wall

The examples above are a little in jest – but I will say that the culture of downtown Seattle did, in fact, feel pretty similar to downtown Austin.  For one, the city is very dog friendly.  Dogs were everywhere.  Additionally, many of the restaurants and night-life spots in downtown Seattle could have just as well been in Austin.

The natural surroundings, however, could not have been more different.  There were mountains viewable from downtown Seattle, as well as an active ocean port.  The weather is very rainy and generally much colder than in Austin. Likely, because of the weather (and maybe the hills), I did not see NEARLY as many folks jogging or bicycling around downtown Seattle, where in Austin, that’s the definite norm. One thing that REALLY struck me is that downtown Seattle and downtown Austin are very close to the same age, both “founded” in the mid-1800s. Downtown Seattle had a broader historic feel, but Austin is simply effervescent with youth and new growth.

The public transportation was robust and almost effortless (at least to us) in Seattle.  Also, downtown Seattle had more shopping – department stores and mom and pop shops happily co-exist in downtown Seattle.

Nordstrom Rack right next to the Monorail
Nordstrom Rack right next to the Monorail

Additionally, and this is a very timely issue for Austin, but busking in Seattle certainly felt MUCH more professional than what I see in downtown Austin…here’s one of the many talented street performers sprinkled around downtown Seattle. It’s important to note that Seattle has some very lax regulations on busking, however. In Austin, I think it should be monitored and systemized more than it is, and stakeholders like DANA agree (the City is currently obtaining more stakeholder feedback before re-presenting their proposal on busking regulations).

Now, it may sound like I just think Seattle is the greatest thing since sliced bread and why don’t I just marry Seattle because I love it so much….but, it’s not like that.  I LOVE downtown Austin, I really do. I believe we are a relatively “new” downtown (in the modern sense) and an incredibly fast growing one, at that. And the opportunities that brings for those of us in on the ground floor of this burgeoning downtown are incredible. And it only benefits us to look to more established downtown centers across the country and take what we can from those that have done it before.  City leaders and policy influencers are already doing this, of course – but it never hurts to keep it top of mind.

And, I think it’s important to note that more isn’t ALWAYS better.  For instance, the amount of vagrancy in downtown Seattle was frankly overwhelming.  Austin certainly has vagrancy issues as well, but, at least, anecdotally, Seattle felt FAR worse. And, there’s controversy as to whether Seattle is really doing their best to solve the problem in a sustainable way.

From searching a few online sources, Seattle’s cost of living seems quite a bit higher than Austin’s.  Most online source quotes that housing is at least 25% higher in Seattle than in Austin. This figure does not compare the downtown areas specifically, but I would think there is some disparity there.

In the last 90 days, downtown Austin’s median sold pricing is observed to be $490 per foot.  Semi-reliable online sources quote a recent median sales price for downtown Seattle the last 90 days at around $475 per foot.  So, if this is accurate, it may be that downtown Austin, is in fact, the more expensive housing market, at least at this specific point in time.  One reason for that may be the relatively lower inventory.

I think looking to Seattle can really help those that are shaping the new downtown Austin – especially in terms of public transportation, the city’s relationship with its natural surroundings (the Waller Creek redevelopment and Shoal Creek Conservancy efforts certainly are on the right track), and the SCOPE of downtown in relation to the size of the overall city: encourage vertical development in the urban-core, in order to preserve the beauty of our hill-country.

One thing is clear, Austin is a fabulous place to live – and it’s sunny.  Seattle can keep all that cloudy gloom for itself.

Filed Under: austin apartments, austin condos, austin lifestyle, austin neighborhoods, Austin Real Estate Data & Statistics, austin transit, downtown austin, life, life in austin, maps, urban family, waller creek

Handful of This Week’s Downtown Austin Events (and one on the East Side)

AG | November 11, 2014 |

DANA Urban Core Happy Hour
Sunday, November 16, 2014 – 2pm-4pm
Hotel Ella

RSVP Required.

hotel-ella

DANA members and guests are invited to enjoy the hospitality of the recently revamped Hotel Ella.

On the menu:

  • Truffle Risotto Cakes
    Crab Cakes with Lemon Aioli
    Chorizo stuffed bacon wrapped dates with piquillo pepper sauce
    Antipasta Buffet Bar with imported cheese, house cured meats, preserved local fruits, and peppered flatbread with assorted crackers

+ complimentary beer, wine, and cocktails!

Creek Show, Light Night
Thursday, November 13, 2014 – Sunset ’til Late
Waller Creek (between 5th street and 7th street)

Event website.

"Flow" installation, Design Workshop
“Flow” installation, Design Workshop

As the sun sets on Waller Creek, five site-specific light installations will be revealed. These installations, all created by Austin-based architects and landscape architects, will illuminate Waller Creek in new and exciting ways. See the designs, hear local music and learn more about the future of Waller Creek.

East Austin Studio Tour
2 Weekends: November 15-16, November 22-23 – 11am-6pm
Various locations

Event website.

hallie

Big Medium presents the 13th East Austin Studio Tour! EAST is a free, annual, self-guided art event occurring over two weekends in November, providing the public with an opportunity to meet the makers: the local artists and artisans who leave a lasting imprint on Austin’s vibrant, dynamic culture. Tour-goers are invited to discover new artistic talent, see working studios, learn about artists’ tools, techniques, and inspirations, and explore unique exhibition spaces and local businesses.

One of the artists we love to support, Hallie Rae Ward, will be showcasing her work at Createscape Coworking.  Check it out!

Filed Under: around town, austin art, austin lifestyle, austin neighborhoods, austin news, austin parks, austin recreation, DAB Artists, downtown austin, girls night out, life in austin, miscellaneous, Red River District, urban family, waller creek

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