Independence Title Above Eight Levels of Parking and Will Provide More December 2013

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Independence Title Above Eight Levels of Parking and Will Provide More December 2013 Kimber Modern Hotel System and the remaining square footage Texas Public Policy Foundation Planned available for lease. The System space will be Office Building This is a proposed 35 room hotel in the Rainey designed to more efficient space standards than Under Construction Street neighborhood, on the I-35 frontage road. are feasible 3 in the existing structures. The Construction has started on the 33,000 sq. ft. office The hotel will have a small accessory restaurant. building will include a 760-car above and below building for the Texas Public Policy Foundation. ground parking garage. Kline Hotel Town Lake Park, Phases III & IV Planned Republic Square, Phase II Under Construction The site has been cleared for this 42-room Planned These are park improvements in the area bounded boutique hotel with a small, 1,700 sq. ft. cafe. The City of Austin has contracted with a design by Lady Bird Lake to the north, Riverside Drive to team for the next phase of improvements to the the South, the UPRR railroad on the west to South Mexic-Arte Museum existing 1¾ acre Republic Square Park. Phase 2 is 1st street on the east, including improvements to Planned a continuation of a design process in partnership Auditorium Shores and potentially additions of art Conceptual plans by Mexican architect Fernando with the Austin Parks Foundation. The scope of to Phase 2 of the park. Romero show a cylindrically shaped six-story Phase 2 includes, but is not limited to, the design building clad in translucent material. The building’s for site regrading, demolition and removal of Travis County DA Office Building shape is a reference to the Aztec calendar. At a pavement and obsolete water feature, tree Planned proposed 54,000 square feet, about half of the protection and removal where recommended, Travis County plans to build a 133,000 sq. ft., $40 building at the southeast corner of Congress pedestrian circulation and use areas, informal and million office building near the county criminal and Avenue and Fifth Street would be commercial flexible children’s play area, site furnishings, civil courthouses downtown, which would include office space that the museum would lease to signage, lighting, irrigation and landscape courtrooms, prosecutors’ offices, retail space, a generate income. improvements. crime lab and underground tunnel connecting it to the main justice complex. The Millennium Rainey The Riley Under Construction Planned UT System - Block 71 Construction has started on this development, A new restaurant and event center are planned for Planned spearheaded by the Dinerstein Group of Houston, the site of the former 219west location. The Once the new UT System Administration Building which features 326 apartments with a ground floor multi-story building will offer an event space, (UT5) is completed, the property housing Claudia restaurant, totaling about 250,000 square feet. apartment, and rooftop deck that are all available Taylor Johnson Building and Ashbel Smith Hall will The site is more than 2 acres bounded by Rainey for rent on a nightly basis. The project is expected be ground leased, and therefore available for and Driskill streets and the I-35 frontage road. to start later this year. improvement or redevelopment. Saltillo District Redevelopment Waller Creek Flood Diversion Tunnel Planned Under Construction The Capital Metro Board has selected Endeavor The Waller Creek Tunnel Project is a stormwater Real Estate and Columbus Realty to redevelop the bypass tunnel from Waterloo Park to Lady Bird 10-acre space. The project, as proposed, will Lake near Waller Beach. The tunnel will be 22-feet have approximately 800 residential units (200 of in diameter and almost one mile long. The project which will be affordable housing, and a portion of will remove an estimated 1,243,000 square feet of which will be set aside for senior housing), over land from the floodplain of the lower Waller Creek 100,000-square-feet of retail, and a grocery store watershed, will allow denser development in a very along the I-35 frontage road. There will be a desirable area of downtown, and divert floodwaters New Central Library 1.7-acre park and 1.8 acres of private open space. that create erosion problems and safety concerns. Under Construction Construction started in 2010 and will be completed Work continues on the new central library, in 2014. designed by the architectural team of Lake/Flato Architects and Shepley Bulfinch Richardson & Waller Park Place Abbott. The new 198,000 sq. ft. central library will Planned replace the 110,000 John Henry Faulk Central The 1.4 million square Library built in 1979. The new library site is on foot project, as West Cesar Chavez Street, between Shoal Creek envisioned, would have and the redeveloping Seaholm Power Plant. The three towers with 300,000 Faulk library will be used for an expansion of the sq. ft. of office, a Austin History Center. 150-room hotel, 574 residential units and 60,000 sq. ft. of retail. New Travis County Civil & Family Courthouse Planned Travis County purchased a full block just south of Seaholm Power Plant Redevelopment Republic Square, to construct a 500,000 sq. ft. Under Construction civil and family courthouse. A bond election is Seaholm Power, LLC, led by Southwest Strategies expected in May 2015 for funding construction. Group, is redeveloping the circa 1950 Art Deco Seaholm Power Plant and adjacent property, into a New UT System Administration Building high quality, mixed-use attraction. The project will Planned feature a mix of office space, a Trader Joe’s The Colorado and Lavaca Buildings will be grocery store, local retail shops, contemporary demolished to make way for the replacement condos, special event space and an outdoor Westin Austin Downtown Hotel office building. Construction is expected to begin terrace that overlooks Lady Bird Lake. Under Construction in early 2015 with the demolition of the Colorado The project is a 366-room Westin Hotel, being and Lavaca Buildings and the two-floor parking Texas PTA developed by Indiana-based White Lodging garage located between these buildings. Under Construction Services, who also developed the Residence Inn + Construction is scheduled to be complete early This project, an 18,000 sq. ft. office building with a Courtyard by Marriott and Hyatt Place and are 2017. The planned building will be eleven stories 2,400 sq. ft. restaurant, broke ground in early currently developing the JW Marriott hotel Independence Title above eight levels of parking and will provide more December 2013. downtown. than 300,000 square feet of office space, with over www.IndependenceTitle.com 200,000 square feet for immediate use by UT SOURCE: City of Austin Economic Development Department 6th + Lamar East Block (Shoal Creek Walk) Austin Energy Seaholm Substation Cirrus Logic Phase II Hotel Van Zandt Kimber Modern Hotel The City of Austin has contracted with a design Planned Planned Under Construction Gables Republic Under Construction Planned team for the next phase of improvements to the Schlosser Development is planning a substantial This project is the reduction in size of the existing Cirrus Logic is starting construction of a six-story Park / Hotel ZaZa Work continues This is a proposed 35ñ room hotel in the Rainey existing 1¾ acre Republic Square Park. Phase 2 is expansion of office space in the West End / Market Austin Energy substation just east of the Seaholm office building. Planned on the hotel Street neighborhood, on the I-35 frontage road. a continuation of a design process in partnership District. The larger of two structures would be Power Plant. Plans are for a project San The hotel will have a small accessory restaurant. with the Austin Parks Foundation. The scope of about 375,000 square feet and 15 stories tall; a Cirrus Logic Research Facility 24-story tower in Diego-based Phase 2 includes, but is not limited to, the design second, smaller building would be five stories and Under Construction downtown Austin JMI Realty is Kline Hotel for site regrading, demolition and removal of 100,000 square feet. Construction of a 24,000 sq. ft. research facility is that would have 216 building in the Planned pavement and obsolete water feature, tree well underway. luxury apartments Rainey Street The site has been cleared for this 42-room protection and removal where recommended, 6th and Nueces Hotel Site atop a 160-room neighborhood boutique hotel with a small, 1,700 sq. ft. cafe. pedestrian circulation and use areas, informal and Planned Colorado Tower Hotel ZaZa. The project hopes to start construction near the mouth flexible children’s play area, site furnishings, IBC is looking at developing this site on W. 6th Under Construction 211 Lamar in 2014, with the expected to debut in to 2016. of Waller Creek. Mexic-Arte Museum signage, lighting, irrigation and landscape street at Nueces as a hotel. Atlanta-based The hotel, which Planned improvements. Planned Cousins Plans are for an apartment project with retail. The Green Water Block 1 will have 326 Conceptual plans by Mexican architect Fernando 70 Rainey Street Properties, with Under Constructionn site is currently occupied by Taco Cabana. Also rooms, is Romero show a cylindrically shaped six-story The Riley Planned San Antonio Construction began mid-February on the first on the site is the Paggi House restaurant, which expected to be building clad in translucent material. The building’s Planned The applicant is proposing to construct a 197 unit, based Hixon project on the site will remain. operated by shape is a reference to the Aztec calendar. At a A new restaurant and event center are planned for 31-story residential tower with ground floor retail. Properties Inc. of the former San Francisco proposed 54,000 square feet, about half of the the site of the former 219west location.
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