The future Dell Medical Center will be between UT and Downtown Austin. Also/
The future Dell Medical Center will be between UT and Downtown Austin. Also/
Another Northwest Austin office building worth $44M breaks ground
Cousins Properties breaks ground on new phase of Research Park Plaza - Austin Business JournalBy Jan Buchholz
October 17. 2014
Office development in Austin continues at a torrid pace with*Cousins Properties*(NYSE: CUZ) announcing that it will break ground in November on the final installment at Research Park Plaza.
Research Park V, at 12301 Research Blvd., will be delivered in 11 months, according toTim Hendricks, senior vice president of Cousins Properties. The building will encompass 173,000 square feet and cost about $44 million.
DCA Construction LP is the contractor and STG Design is the architect. Both were involved with the development of the other buildings at Research Park, which began delivering space in 1995. The four existing buildings are owned by two large investment groups.
"We really feel there's a need for new product in the northwest market where occupancy rates are over 90 percent," Hendricks said.
Domain 1 breaks ground in November
Domain 1 is on the left. The building next to it (right side) was just completed this month and is now occupied by Homeaway.
http://www.endeavor-re.com/office/Do...tter4Q2014.pdf
Not entirely mine, XBiotech had a guy on staff that they had hired from Rafael Viñoly and he came up with the basic style and did the renderings. He was a renderer at Viñoly and wasn't well versed in the real building design, dealing with the program and space planning. He was a great renderer though and that is where is strengths really were, truly great work. My job was to basically make his images into real buildings that would work for the client and meet codes. If it turns out as we came up with it will be a very nice campus.
Well I applaud both you guys for your hard work.
Austin's unemployment rate drops to 4.2%
Austin's unemployment rate drops to 4.2 percent - Austin Business JournalBy Michael Theis
October. 17. 2014
Austin's unemployment rate has dropped a full percent compared to this time last year, falling to 4.2 percent in September,according to seasonally unadjusted datareleased Friday by the*Texas Workforce Commission.
It's also down slightly from August, when seasonally unadjusted unemployment in the Austin area was recorded at 4.6 percent.
Austin-area employers added approximately 8,400 jobs to payrolls in September, according to the latest data.
Financing in hand, $370 million Austin Fairmont project now a go
Financing in hand, $370 million Austin Fairmont project now a go | www.mystatesman.comPosted: 10:01 p.m. Thursday, Oct. 23, 2014
By Shonda Novak - American-Statesman Staff
The developer of a Fairmont convention hotel planned for downtown Austin has obtained financing for the project, clearing the way for the $370 million luxury hotel to break ground next month and add more than 1,000 rooms to the market.
Los Angeles-based Colony Capital LLC will finance the hotel, which will be built on a 1.74-acre site at East Cesar Chavez and Red River streets.
At 37 stories and rising 595 feet, the hotel would be one of the tallest buildings in Austin’s skyline when it opens. With 1,066 rooms, it would be the city’s largest hotel, surpassing the 34-story, 1,012-room JW Marriott convention center hotel that is currently under construction downtown and scheduled to open in February.
Groundbreaking for the Fairmont is scheduled for Nov. 3, with plans for it to open in June 2017.
The new JW Marriott sign is lit up.
Thanks to Tie Guy from Skyscraperpage.com
Recent drone video of the new Capital Ridge project that's being built in west Austin. Note the yellow tower crane in the background is for the new Hotel Granduca (Upscale), and the in the foreground is a new 7 story office tower.
https://www.youtube.com/watch?v=0-ejdUETtAA
WOW!!!! I really need to make time to go to Austin and just spend a week or two exploring the entire city. I found some pictures of lake Austin and it blew my mind of some of the beauty there.
I also found this picture which shows how the skyline has grown!
incredible. You guys are just blowing other cities out of the water right now.
From what I've been told is that Austin and Miami are the only U.S cities that have drastically altered their skylines.
The new album of Foo Fighters "Sonic Highways" has the Frost Tower & the Pennybacker Bridge at the lower left hand corner. I also got to thinking that they should have put Devon Tower somewhere in the middle, that would have looked freaking awesome.
Guessing Miami will become the new Atlantis in the far future.
University of Texas Robert B. Rowling Hall breaks ground
UT breaks ground on new business school building - Community Impact Newspaper
Lol but you never know. Ocean levels has been rising for a good while so It will be 100 years or so before anything catastrophic. Now Hurricane are another story.
Sorry that came out wrong, I hope nothing catastrophic happens even in a 100 years. But I am concern about coastal cities in the long term future, like NYC, Miami, and New Orleans.
Amazon.com to bring 200-plus tech jobs to Austin
Sources: Amazon.com to bring 200-plus tech jobs to Austin | www.mystatesman.comBy Shonda Novak
November 12. 2014
E-commerce giant Amazon.com is set to establish a major presence in Austin, with plans to potentially bring up to 250 technology jobs to a 76,000-square-foot office at the Domain, according to sources familiar with the company’s plans.
Local commercial real estate brokers say Seattle-based Amazon has quietly been scouting for an Austin location for a year or so. The company has settled on Domain 7, a new 222,000-square-foot building at 11501 Alterra Parkway in the Domain, the mixed-use project between MoPac Boulevard (Loop 1) and Burnet Road that’s being developed by Austin-based Endeavor Real Estate Group. A lease hasn’t yet been signed. Amazon is expected to start occupying the space by mid-2015.
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