The ATX

Austin Proper Hotel & Residences | 397' | 33-Stories | U/C

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This one should be breaking ground soon.  It's an awesome building that looks like it should be on the coast somewhere around Miami.  But the views won't be too spectacular because it will be eventually surrounded by new and not yet started towers.  Here are some renderings.

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Building ATX

 

  

 

 

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This project has seemed to have an "imminent" groundbreaking for the past several months.  But the developers issued a press release yesterday indicating that the groundbreaking is indeed imminent (as in this quarter).  Also, they also announced Goldman Sachs as Capital Partner.  With Goldman Sachs on board and tower crane permits filed, this one is good to go.

Press Release 

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Here's a view of the site prep for Austin Proper going on next to the demo taking place for the Third + Shoal office tower.  The construction staging area on the other side of the Austin Proper site is the site of Green Water Residential Tower #2 which has a planned 2017 start. 

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Off topic, but the river bank through these photos (for other buildings also) seems pretty gnarly. Are there any plans to make the riverbanks more of a cohesive park/greenway/trail? Perhaps I am mistaken about the river, I've never had the pleasure of being in Austin.

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On 2/17/2017 at 1:26 PM, carolinaboy said:

Off topic, but the river bank through these photos (for other buildings also) seems pretty gnarly. Are there any plans to make the riverbanks more of a cohesive park/greenway/trail? Perhaps I am mistaken about the river, I've never had the pleasure of being in Austin.

The river banks are parkland and make up a 10 mile hike and bike trail around Lady Bird Lake which is the name for the section of the Colorado River that goes through downtown.  Here's a map of the trail:  

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Here are a couple photos:  

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Current zoning doesn't allow for development on the edge of the river.  Before the zoning was changed to prohibit development there was a section along the river that got developed and didn't leave room for a trail.  A 1.2 mile boardwalk was built to close the trail loop in that area a few years ago.  Here's a photo of it that I took on Christmas:  

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Here are some more views of it:  

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It goes underneath I-35 so trail uses don't have to deal with the nasty I-35 & Riverside intersection:

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Here's a rendering that shows how close together this project, the U/C Third + Shoal office tower and the not yet started Block 185 residential tower projects will be.

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These were taken earlier today by corvairkeith at SSP.  Austin Proper is going up on the right.

 

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Austin Proer is going up on the left in this one.

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