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Urbannizer

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  1. https://austin.towers.net/meet-the-east-tower-planned-to-break-ground-in-the-rainey-district-by-2021/?pro=caitlyn@towers.net

    Having topped out its Natiivo project at 48 East Avenue in the Rainey Street Districtjust last week, Austin firm Pearlstone Partners has an only slightly different address on its mind at 84 East Avenue,where the developers’ 284-unit downtown Austin condo tower plan currently known by the placeholder name The East Tower is quickly passing through the permitting stages on the way to a groundbreaking currently scheduled for the second quarter of 2021.

  2. https://austin.towers.net/heres-our-first-look-at-the-apartment-tower-headed-for-fifth-and-red-river/
     

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    The 37-floor downtown Austin apartment tower planned for the corner of East Fifth and Red River Streets by local real estate developer Stonelake Capital Partnersheads to the City of Austin’s Design Commission for a review of its density bonus application on Monday next week — but since we try our best to stay on the ball around here for the sake of our beloved readers, we’ve got an early look at the tower for you, which at the moment is going by the working name 5th + Red River.

    Remember, this is the project redeveloping the former site of longtime Italian restaurant Carmelo’s at 504 East Fifth Street, which closed in 2017 with plans for a tower here floundering through multiple developers and several unused designs before Stonelake ultimately took the wheel.

    The old Carmelo’s building — originally built as a boarding house in 1872 and known on its historical marker as the Old Depot Hotel — will be restored with the help of local preservation firm O’Connell Architecture for use as a retail space adjacent to the new tower, with the new construction mostly rising from the area now occupied by the site’s parking lot. It’s nearly an ideal scenario for infill development, preserving a historic downtown structure while bringing 242 new residences to market.

    With approximately 70 percent of its ground level accessible to the public, the landscape design of the tower’s outdoor spaces by well-known local studio dwg. is particularly important for the project’s amenity levels, which include the four retail spaces and public plaza on the ground floor along with two additional amenity levels for the building’s residential tenants — one on the sixth floor atop the tower’s four-level parking structure, the other a rooftop pool deck at level 37. You might catch that the angles of the streetscape’s new pavers and other landscaping features reflect the look of the tower, which is the kind of thing that makes you feel smart to notice.

  3. https://austin.towers.net/experiential-living-tower-planned-in-downtown-austins-innovation-district/
     

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    The 39-story tower planned by local developer LV Collective at the one-acre former site of a state pension fund officenear the corner of East 12th and Sabine Streets in downtown’s emerging Innovation District shows up in the City of Austin’s permit system as a hotel, but that’s not exactly right. It doesn’t seem like anyone’s agreed on a satisfying term for the growing concept of a rental building potentially containing furnished and unfurnished units, offering both short-term (one day) and long-term (one year) stays with concierge services and other features straddling the line between residential and hotel-style amenities — it’s not Natiivo, since the units aren’t purchased by individual investors, and it’s not the Guild, since the tower is purpose-built rather than a percentage of units in an existing building.



    It’s also not a timeshare and not quite an extended-stay hotel, but the old-school notion of an “apartment hotel” comes close. The developers at LV Collective prefer something like “experiential living” or “flexible living,” a 527-unit building that can adapt to the short and long-term residential needs of the future professionals, tourists, students, and everyone else attracted to the Innovation District once it’s built out with numerous life sciences and biomedical uses along with Dell Medical School — and under the city’s creaky old code, this sort of business model is practically impossible in a building developed under a residential use, with limitations on short-term rentals and other requirements locking down that flexibility.

    While the details of the project remain mostly up in the air, the unnamed tower at 12th and Sabine will contain ground-floor retail including a full-service coffee bar, a co-working space, bike storage, a gym and yoga studio, and amenity decks on the ninth and 38th floors. The project’s architects are local firm STG Design, and while we only have a single rendering of the tower for now, the building’s unique roofline and light exterior are a welcome addition to a district with a lot of interesting colors on the horizon. One feature of the building is a lot more like a residential tower than a hotel — its seven-floor garage podium with 547 parking spaces. The project’s groundbreaking date is currently unknown, but LV Collective indicates ascheduled completion date sometime in 2026.

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