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fkp5

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  1. From the article:

     

    "Developers quickly claimed the tax credits, and Houston doubled the size of the initiative to a total of 5,000 housing units in 2014. Developers signed up for the last of these incentives early this year; however, some might drop out because of concern that Houston’s energy economy will be damaged by falling oil prices or that too much competition exists from other apartments under construction. “One or two may have stalled because of the change in the price of oil,” says Parker, but she notes that the city has a waiting list of other developments interested in the incentives."

     

    Does that mean that other projects could get the incentives if a developer who already has incentives drops their project?

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  2. You guys are right. This just looks like a curvier 609 Main. However, this is just a preliminary design, so it could still change. It said that an architectural competition was being held for this tower. But even if it's built like that, it would still be a great addition to the Dallas skyline.

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  3. Yeah, a friend showed this to me and asked me to guess what city this was, and honestly I couldn't tell this was Dallas at first glance. It wasn't until I looked more closely that I realized it was Dallas. The city has changed so much over the years. I'm glad that all of the major Texas cities are showing a lot of development progress in their cores. A lot of people don't seem to like the Austin tower, but I think it looks pretty good. It'll really add some nice height to the skyline. I hope Houston can follow suit and eventually get a 600+ foot condo tower in downtown in the near future.

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  4. While I am personally not a fan of the design, this tower is great for Austin! Estimated start date? Did I miss it or was it not discussed in the article?

     

    It was originally planned to start in the fourth quarter of 2015. More recently, the developers of the project have said that they expect to announce a groundbreaking date and construction timeline within a few months, once financing is lined up. So we should be getting more details pretty soon.

     

    http://www.mystatesman.com/news/business/seaholm-areas-rebirth-to-include-austins-tallest-t/nksBg/?ecmp=statesman_social_twitter_2014_sfp#08671b4c.3432329.735700

  5. This is going to be great for Austin! Austin is definitely ahead of Houston in terms of high rise residentials in downtown. I hope Houston can eventually get something like this.

     

    http://www.independentaustin.com/

     

    Here's a screenshot from their video showing the building in the skyline. You can see that Austin already has a lot under construction in this area.

    IndepemdemtSkyline.jpg

     

    Larger rendering.

    TheIndependent_rendering_homepage_1400x7

     

     

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