Downtown Austin Blog

downtown Austin's real estate and neighborhood blog

You are here: Home / Search for "whittington"

Search Results for: whittington

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

| |

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?

Downtown News and Rumor Round-up

| |

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

This Hotel Looks Just Like That Hotel

| |

It’s deja vu all over again!

White Lodging is losing no time getting to work on their third active hotel construction project in downtown Austin.

In late December, about three months after news leaked about the deal, planners filed a site plan and based on other documents filed at the city a clearer picture is emerging about the 300-room luxury hotel at 5th & San Jacinto, abutting the 6th Street Entertainment District.

According to city documents, the project will climb to about 20 floors, with a roof terrace, totaling 215,000 square feet.

Atlanta-based PFVS Architects Inc. are the architects of record.  PFVS already has a few hotels in Austin with their stamp on them, including the Westin at the Domain and the Marriot South Austin, off of I-35.  PFVS is also designing White Lodging’s other two current downtown projects.  White Lodging broke ground on a JW Marriott convention hotel valued at $300 million across from the Austonian last year, which is expected to open in 2015, and is working on a 296-room Hyatt Place under construction at 3rd & San Jacinto, expected to open this year. (Note: White Lodging also runs the Residence Inn next to the Convention Center.)

What is a bit surprising is how eerily similar drawings of PFVS’s Hyatt Place project, on 3rd and San Jacinto, appears to the renderings submitted to the city for the other hotel on 5th and San Jacinto, two blocks north. They are both about 300 rooms, and though the final products will probably be different, on the drawing board there is no denying they look quite similar.

Where have I seen this rendering before?

 

The 5th Street project comes to us from no other than Harry Whittington, who in this case created a joint venture with REI Real Estate Services LLC in Carmel, Ind., and White Lodging.

Whittington told the Austin Business Journal that after being courted by many developers his family concluded that building a hotel with the veteran hospitality developers was the route to pursue. (Whittington owned the lot for a whopping 45 years and is not in the business of selling his land.)

The site had entitlements for an 8:1 floor to area ratio, and zoning was successfully changed to provide a 13:1 FAR.

Something else lacking in the design are renderings that show the the building with a 6th Street POV – arguably the most important perspective for this hotel to blend into the neighborhood fabric.  Will it be a giant Plaza Lofts style flat blank wall looming over 6th Street?  I know the developer has heard these concerns, but we are left wondering about the results.

Should we expect more thoughtful design from architects and developers?  Absolutely.

Is this hotel better than the suface lot it’s going to replace?  Absolutely.

 

The Highest And Best Use of Congress Ave Retail Store Frontage Is Not CapMetro

| |

One of the things that always seemed curious to me is how and why Capital Metro (@CapMetroATX) occupied prime square footage on a heavily trafficked part of Congress Avenue, next to Annie’s. For many years, Cap Metro occupied the first and third floor of this three-story building.

Well its lease expires this coming April, and it seems the landlord is raising the rent. As a result, Capital Metro is moving into 209 W 9th Street (southwest corner of Colorado and 9th), which is owned by Harry Whittington.  There, the transit agency is signing a 5-year $3.3 million lease on 18,800 square feet.  This will allow the consolidation of two call centers – one currently housed at the 323 Congress Ave.

For years, the good energy of clear windows (“fenestration” for my fellow wonks) and ambience of Annie’s seemed to kind of get sucked way by the dark, looming, uninviting storefront of Capital Metro next door.

So what’s next for 323 Congress?

The entire building is 21,900 square feet, and  features open floor layouts, ample lighting and excellent visibility to Congress Ave.  According to this undated flyer from Weitzman, it appears to be listed for sale “between $2.5 million and $7.3 million.”  Or, it could be for lease $24-36/ft/yr by Cielo Realty Partners, as it’s shown on Loopnet.

I’ll be surprised if this languishes too long.  Office vacancies downtown have recently fallen below 12%, according to this Dec. 11 Austin Tenant Advisors press release, which compares well to other major cities such as Atlanta which reports a 24% vacancy rate. Average lease rates for all classes are averaging around $30/square in the downtown area while landlords of Class A office properties are quoting $38/square foot, or higher.

This, in part, is being driven by a number of web/computing-based companies setting up shop downtown, which is about as a good of a thing as a city could ever hope would happen to its downtown office space.  We can expect a higher and better use of our ground level retail, however.

FYI urban transit commuter: The transit store, where folks pick up passes, pocket maps and the lost & found, is also moving to the new location on 9th Street.

Chilled Water

| |

Something like an '80s album cover - DANA Chill Water Crew. From left to right: Jude Galligan, Mitch McGovern, Dale Glover, Greg Anderson, Darron Ross

At your single family home, you likely have a big 3 x 3 ft. HVAC compressor resting along the side of your property.  Now, imagine you’re building 440 residences in the 360 condos each requiring its own compressor.  Where do you put them?  You don’t put them anywhere, usually.  Most large buildings use chillers and cooling towers that take up valuable downtown Austin real estate and incur significant capital cost and maintenance expenditures.  So, what’s a builder to do?

downtown chill water district connections

You tap into the City of Austin chilled water system designed to cool high rises efficiently.  An underground network of pipes that provide chilled water to meet the cooling needs of multiple buildings.  There are two chill water plants serving the downtown Austin district.  The first is located in the state parking garage at 3rd and Nueces.

Basement of downtown chill water plant #2

No doubt, you’ll recognize the second plant and its blue tile facade on the northeast corner of the City’s Harry Whittington’s(?) convention center parking garage at 5th @ Sabine.  Inside those walls is a 1,000,000 gallon tank filled with water and ice.  Glycol infused water runs through a winding system of tubes chilling the water that passes over it.  Below are photos from a tour provided to DANA last week.  We couldn’t get a photo of the ice room as there is no light, and what you can see looks like murky water.  My camera’s battery ran out before we got to the roof, hopefully someone else from the tour has a photo.  Thanks to Greg Anderson for organizing, and Austin Energy’s Darron Ross for guiding the tour.