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Central Austin Emerging Projects July 31, 2005

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Central Austin Emerging Projects July 31, 2005 Central Austin Emerging Projects July 31, 2005 Under Construction Commercial C32 Residence Inn / Courtyard by Marriott Completion: late summer 2006 Twin 16 story towers (170-room Residence Inn and 270-room Courtyard by Marriott) are being constructed on a half block north of Contact: Ben Turner 4th between Trinity and San Jacinto, across from Brush Square and Consort, Inc. the Convention Center. A two story building will be located between 469-0500 the two towers. C37 Sovereign Bank Contact: Jon C. Kanak The project is an approximately 10,000 s.f. building for Sovereign Bury + Partners, Inc. Bank, with addtional office space. (512) 328-0011 Residential R5.1 The Milago on Town Lake Completion: Spring 2006 Fairfield Residential, based in Grand Prairie, is building a 240 unit, 13-story condominium building overlooking Town Lake at the foot of Contact: Larry Lee Rainey Street, an area long targeted for revitalization. The units are FF Development, LP / Fairfield Residential above a multilevel parking garage, with at least two levels (817) 816-9417 underground. Prices range from the $170’s to the $700’s. R29 721 Congress Completion: Fall 2006 Austin Architect Sinclair Black is renovating an existing one-story building at Eighth Street and Congress, formerly the home of Wild Contact: Sinclair Black About Music, into a six-story mixed-sue building. The project will have Black & Vernooy Architects 16 condos on the top four floors, restaurant Veer 53 on the street 474-1632 level, and office space on the second floor. R30 5 Fifty Five (East 5th) Completion: Marketing for the condos began June Co-located within the Hilton Austin building is 5 Fifty Five, which has 2004. 99 loft and penthouse residences. Marketing for the condos began summer of 2004. Nearly half of the units are sold, with prices ranging Contact: 512-473-0555 from the mid-$200,000s to over $2,000,000. NOTE: This database has been produced by the City of Austin for the sole purpose of aiding planning decisions and is not warranted for any other use. No warranty is made by the City regarding its accuracy or completeness. Central Austin Emerging Projects – July 31, 2005 Page 2 Transportation/Infrastructure T7 Second Street District Streetscape Improvement Project Completion: Fall 2004 (Phase I) The vision for the project is to enhance the identity and image of downtown Austin as a civic and cultural destination for residents, Contact: Pollyanne Melton visitors and businesses while preserving and enlivening Austin’s sense City of Austin of place. The area has been and continues to undergo very positive 512-974-6459 redevelopment, helping to achieve the City’s vision of a dense, mixed-use downtown. However, the critical missing elements of this burgeoning downtown district have been the inclusion of a critical mass of retail (and other pedestrian-oriented uses) linked by a coherent and uniquely identified, pedestrian environment. When constructed, the reconfigured roadways and streetscape improvements will provide a public-friendly setting, linking two important civic destinations – the new City Hall and the Convention Center Complex – along what will become downtown’s key shopping or “pedestrian-dominant” spine. City of Austin A9 Convention Center Parking Garage & Central Chilling Plant Completion: January 2005 (garage), November 2005 This project includes a 685 space parking garage, an Austin Energy (chiller) district chilling plant, and 18,000 s.f. street-level retail/office uses. Contact: Robert Holland City of Austin Public Works Department 404-4191 University of Texas UT3 Jack S. Blanton Museum of Art Completion: February 2006 (Gallery Bldg.) The Blanton’s state-of-the-art new facility, located near the heart of the city at Martin Luther King Boulevard and Congress Avenue, is Contact: Jessie Otto Hite, Director scheduled to open in February 2006. Composed of two buildings that The Jack S. Blanton Museum of Art face one another across a landscaped pedestrian passageway and University of Texas at Austin plaza, the new facility will create an inviting public gathering space and 512-471-7324 form a gateway between the historic university campus and the Austin community. The 105,000-square-foot Mari and James A. Michener Gallery building will house the museum’s collections and exhibitions. The 50,000-square-foot Education, Visitor Services, and Administration Building (education building) will be the center of the museum’s programs that serve a range of audiences, including university students, school children and the public. It will house administrative offices, an 299-seat auditorium, a sixty-seat lecture hall, and several classrooms, a cafe and a bookstore. NOTE: This database has been produced by the City of Austin for the sole purpose of aiding planning decisions and is not warranted for any other use. No warranty is made by the City regarding its accuracy or completeness. Central Austin Emerging Projects – July 31, 2005 Page 3 Non-Profit / Other O10 Texas Municipal Retirement System Completion: October 2005 The project is an office building for the Texas Municipal Retirement System. Contact: Gary W. Anderson, Executive Director Texas Municipal Retirement System 512-476-7577 NOTE: This database has been produced by the City of Austin for the sole purpose of aiding planning decisions and is not warranted for any other use. No warranty is made by the City regarding its accuracy or completeness. Central Austin Emerging Projects – July 31, 2005 Page 4 Planned Commercial C2c Austin Market District (East Block) Start Construction: undetermined Preliminary proposals are for a retail, restaurant and office mixed-use development. The owner is currently seeking a Conditional Use Contact: Brad Schlosser, David Vitanza Permit for a temporary surface parking lot. Schlosser Development Corp. 472-7774 C2d Austin Market District (North Block) Start Construction: 2005 This phase of the Market District project is the proposed redevelopment and expansion of the current Whole Foods building. Contact: Brad Schlosser, David Vitanza The project will include retail (including Book People, REI, Schlosser Development Corp. Anthropologie, and Teo), restaurant and office use. 472-7774 C35 ABC Bank Start Construction: Late 2005 The proposal is for a five-story building with ABC Bank on the ground floor, parking garage and office space on the upper floors. The bank Contact: Keith Moody, P.E. will have three full-service drive-thru lanes and one drive-thru ATM Espey Consultants Inc. lane. (512) 326-5659 C36 501 Congress (garage) Start Construction: early- mid-2006 Plans for this site are for a ten-story, 1,000 space parking garage. Contact: Tom Stacy T. Stacy & Assocsiates 476-9999 C38 Third & Trinity Contact: James M. Schlissler Proposed for construction is a building that will include two Bury & Pittman, Inc. restaurants. 328-0011 Residential R4 Red River Flats Start Construction: December 2005 - January 2006 Greystar is planning a four-story, 122-unit multifamily project, on the site of the former Reddy Ice plant on Waller Creek, in the Red River Contact: Todd Wigfield Street entertainment district. Greystar Real Estate Partners, LLC 469.955.0058 R9 2nd Street Retail District Residential Tower (AMLI - Block 22) Start Construction: Late 2005 Currently in design, this project will have 231 residential units in a mixed-use building with street level retail and restaurant, and Contact: Judd Willmann above-ground parking. Page Southerland Page 474-1632 NOTE: This database has been produced by the City of Austin for the sole purpose of aiding planning decisions and is not warranted for any other use. No warranty is made by the City regarding its accuracy or completeness. Central Austin Emerging Projects – July 31, 2005 Page 5 R22.1 ZOM Austin 1 Start Construction: September 2005 ZOM Austin I, L.P. is being formed to develop a 290 unit luxury high rise rental project in Austin, Texas. Located at the western edge of Contact: Austin’s Central Business District overlooking Shoal Creek, ZOM ZOM Texas, Inc. Austin I will be the city’s first AA luxury rental high-rise, at a new epicenter of pedestrian-oriented development in downtown Austin. With unparalleled views of downtown, Town Lake and the lush rolling hills of West Austin, the distinctive twenty-four story residential tower will join an already vibrant neighborhood. The building complex will feature 290 residential units and 8,140 square feet of street level retail. The residential units will be housed in a 24-story high-rise tower, with a four-story townhome structure over the retail shops. Targeted to the affluent lifestyle renter, ZOM Austin I will offer a variety of large living spaces with unit features and building amenities not presently available in the downtown Austin market, and is sure to become Austin’s prestige urban living address. Groundbreaking is scheduled for September 2005. R24 La Vista on Lavaca Start Construction: undetermined Site clearance has started for this eight story building, which is planned to have first floor restaurant/retail, 3 floors of executive suites, Contact: Mary Guerrero-McDonald and 19 condos (700 s.f. to 2,000 s.f.) on the top four floors. Guerrero-McDonald & Associates 327-2166 R25 The Milan Start Construction: summer 2005 tentative Preliminary plans are for 30 condos in a mid-rise building, and 20 apartments in a low-rise building, on the site of the former Treehouse Contact: Steffen E. Waltz restaurant. PPT Development 457-8600 The project was previously named “Park Place on Town Lake.” R26 Sixth + Brushy Contact: Richard Kooris Plans call for 18 condominiums on this E. 6th Street site just east of Pegalo Properties I-35. 485-3000 R27 Goodwill Site (Phoenix Properties) Start Construction: 2005 Dallas-based Phoenix Property Company, the developer of 404 Rio Grande, is planning a 4- to 6-story warehouse-style apartment Contact: Tucker Lynch, Greg Jones building at the current site of Goodwill Industries at Third Street and Phoenix Property Co.
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