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Posts posted by Urbannizer
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Urbanspace Realtors via LinkedIn- 2
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Crane is up.
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I think the dome should be demolished. The county could work with developers to build mixed-use next to Reliant Stadium. 😇
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Blue cranes, there’s 6 high-rises under construction in this pic (1 hotel and 5 residential).
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- Popular Post
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https://austin.towers.net/62-east-avenue-condo-tower-faces-a-tight-squeeze-in-the-rainey-district/
53-Stories, 623’, 205 unitsQuoteIt’s been a busy couple of years on East Avenue in the Rainey Street District for local developer Pearlstone Partners, with its Vesper condo tower currently in an advanced stage of construction at 84 East Avenue just north of the firm’s completed Natiivo project at 48 East Avenue — and now Pearlstone’s splitting the difference with a third condo tower planned at 62 East Avenue, squeezing into a roughly quarter-acre land assembly nestled between the 700 River and Cambria Hotel projects. Considering the fever pitch of recent growth on East Avenue and Pearlstone’s own contributions to the sudden density in this area, the developers have a sense of humor about dropping another building on the pile — recent site plan updates to the 62 East Avenue project use the placeholder name “Not Just Another East Tower.”
While we learned the broad strokes of the project earlier this summer, these recent site plan updates provide us with an updated picture of the planned residential building, which is now set to rise 53 floors or 623 feet, containing a total of 205 residences with a mix of one, two, and three bedrooms.
While the building’s dark blue and slate-toned design from recurring Pearlstone collaborators STG Design is handsome enough, what’s really remarkable about the tower is its extremely narrow footprint, occupying less than 100 feet of frontage on East Avenue — it’s a new look for the district, but makes sense considering the rapidly dwindling contiguous plots of undeveloped land around here. In the rendering above, we see silhouettes of the neighboring 700 River and Cambria Hotel towers practically rubbing shoulders with the new building.
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1 hour ago, editor said:
Houston's fortunes rise and fall with the energy economy. Austin is tech-focused, which nobody thinks is going to crash anytime soon. It makes raising money for large projects much easier.
As hindesky pointed out, there’s some uncertainty in the air-but residential continues on strong for now.
Some other factors:Austin’s zoning laws limits these types of developments to certain areas.
Demand for residential in Downtown is high but there are only a handful of large plots of land left which leads to more vertical construction on smaller lots.
Houston ended up spreading out too far so there’s no real need/demand to build tall.
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18 hours ago, hindesky said:
CNN has a story about the project on their website.
https://www.cnn.com/style/article/supertall-skyscraper-austin-texas-wilson-tower/index.html
HKS believe it will be the tallest building in Texas and the tallest residential building outside New York in the United States. But maybe not for long.
"We're going to see others of this height throughout the city. I won't be surprised to hear about more," Wilkins said.
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https://realtynewsreport.com/river-oaks-tower-underway-by-pelican-builders/
Construction is scheduled to commence in the first quarter of 2023, and initial residences will deliver 18 months after groundbreaking.- 2
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I grew up a block from the stadium and remember when their were plans for a new one. It was rejected because the new location wouldn’t be as accessible for all residents to get to.
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- Popular Post
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Rone Residences: Multifamily At 2311 Westheimer Rd.
in Going Up!
Posted
141’
https://oeaaa.faa.gov/oeaaa/external/searchAction.jsp?action=displayOECase&oeCaseID=564289537&row=10
Crane 229’
https://oeaaa.faa.gov/oeaaa/external/searchAction.jsp?action=displayOECase&oeCaseID=564287854&row=9