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2929 Weslayan: 40-Story Residential Tower By PM Realty


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2929 Weslayan by Bryan Malloch, on Flickr

Exterior lighting is back on tonight   http://2929weslayan.com/gallery

The ceiling of the valet parking area!     Roka exterior    

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I enjoyed the pun, but it's made me reflect on the meaning of the word "meter." A Geiger Counter is so named because it counts the number of times a gas inside a sealed tube becomes ionized by radiation, which is an amazingly cool phenomenon when you think about it. The chamber has electrodes at either end with a high voltage difference. When one of the gas molecules is struck by radiation, a pair of ions is created (a positively charged gas molecule, and an electron) which accelerate towards the electrodes. The electron gains sufficient energy to ionize additional gas molecules, creating an avalanche of ionization events, and generating enough electrons to produce a measurable spike in current. Each time this happens is recorded as a count -- the expected 'clicking' of the Geiger Counter. Anyway, an excuse to read back up on this stuff in the middle of the night.

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  • 2 weeks later...

Update from the Chronicle:

http://blog.chron.com/primeproperty/2012/06/unique-design-on-proposed-inner-loop-tower/

Here’s an image of the high-rise planned for the site of the old Confederate House restaurant (and later the State Grille). Developer PM Realty Group says it hopes to break ground on the 39-story tower in the third quarter, but it first needs to hire a contractor and secure a construction loan. The RTKL-designed building is planned for the northeast corner of West Alabama and Weslayan. It will have 254 rental units.
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oh, all they have to do is secure a construction loan. that's it? :wacko:

How far in advance are those normally secured before most projects break ground? Anyone know?

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Jessie, they are looking to break ground 3 quarter this year if they can maintain their schedule.

it hopes to break ground on the 39-story tower in the third quarter

LTAWACS...remind me to appoint you head Hurricane forecaster...if you are going to make something up, at least you will be among peers. <_<

Edited by Pumapayam
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Jessie, they are looking to break ground 3 quarter this year if they can maintain their schedule.

A plan without a construction loan is not very firm in my opinion. We all know financing is very hard to come by these days, so I'm not holding my breathe. That's why I'm asking how far in advanced they normally finalize those before breaking ground. To me, I would have thought that should have been done by now. But I could be wrong, so that's why I'm hoping someone knows.

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  • 2 months later...

From Sept 2. Absolutely nothing going on at the site.

Again, they are estimating construction to start in the 3rd quarter.

Which at the earliest would be October, and not every project starts on time.

I think the photo you posted is a non issue. Give it a few more months.

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Again, they are estimating construction to start in the 3rd quarter.

Which at the earliest would be October, and not every project starts on time.

I think the photo you posted is a non issue. Give it a few more months.

Agreed, the photo is a non-issue. But for the record, the 3rd quarter started July 1 and ends Sept 30.

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There is a difference between being annoying and unkind.

Of course there is, however I don't find my comment unkind when dealing with a person who is almost nothing but negative. It's one thing to have a negative day or week, but to barade the forum with posts like this are beyond rediculous. I'm not asking him to jump in a lake, I'm asking him to "go away" until he's got something of value or some sort of positive or constructive thing to say.

I think many share my sentiments seeing all of the "likes" I got from the comment. Wasn't going for "likes", but it does say something.

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LTAWACS wastes all our time. Many times when I check new posts on this site I view 4 or 5 threads where he has left a one word respones like ugh. I've just wasted my time opening multiple threads where there is nothing new to read. It's like spam.

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LTAWACS wastes all our time. Many times when I check new posts on this site I view 4 or 5 threads where he has left a one word respones like ugh. I've just wasted my time opening multiple threads where there is nothing new to read. It's like spam.

Yep... To steal something Red said a year or two ago: "Your posts make my eyes bleed."

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  • 4 weeks later...

When a sign says ''coming,'' does that mean it will be finished by Summer 2014 or does it mean construction starts Summer 2014?

I would think they mean finished by then. But it seems they will have to get started pretty quickly to make that happen.

Edited by Houston19514
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When a sign says ''coming,'' does that mean it will be finished by Summer 2014 or does it mean construction starts Summer 2014?

This has been debated on this very same thread. No one is clear on an exact definition thus far.

To me, "coming" means the same as groundbreaking in the case of buildings... but thats just what I understand it to mean.

Summer of 2014, assuming June, gives them 21 months, on an already clear site to dig a big hole, erect a crane, and start coming out of the ground. Once they get to the more typical floorplan these things usually rise at about a floor a week, keeping in mind the first several levels if retail, parking garage and mecanical areas will not be typical and rise much slower. It's not impossible, but would be a very fast build, and theres no way the interior would be finished and move in ready... this is why I see it being more feasible that we will see the starts of a crane in summer of 2014 rather than an entire building. If they plan on topping off the structure in 2014 then they need to get building...like right now.

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It can go either way, like for instance the new JW Marriott convention center hotel in Austin says coming early 2015. Right now they already dug a gaint hole in the ground with construction workers and equipment on site.

Edited by JoninATX
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They have all financing in place then I assume?

didn't ask but i'd assume so, yes. there are several interesting projects going on in the Greenway area. 20 story office + hotel seems like a certainty, in addition to several other office/mized-use projects on the table. should be interesting.

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  • 2 weeks later...

An earth mover is on site and they are starting to turn dirt. I hope this is actually the start of construction....anyone know for sure?

Cool. If they are moving dirt with an earth mover, that seems pretty clearly to be the start of construction. I can't imagine any other reason for such activity.

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Drove by again today. Looks like they are digging up the old concrete remaining from the parking lot that used to be on the property as well as clearing brush and a few trees. There is a large portion of the site that is now just flat, smoothed out dirt. This looks like site preparation to me. I wonder if there will be a formal ground breaking ceremony soon.

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  • Highrise Tower changed the title to 2929 Weslayan: 40-Story Residential Tower By PM Realty

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