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The biggest problem here, and it's been brought up before, is the parking requirements. Office towers in Austin will need to provide parking for their tenants until either the city decides otherwise, or a transit system renders them less necessary...and then the city decides otherwise. Yes parking can be placed underground, but that increases costs exponentially, and it's not appealing to developers. Hotel builders with an already signed brand property or residential builders in Austin's current real estate environment will drop the extra cash because they know they'll make money back on their investments, but commercial office space, as always, is the least certain. Therefore, to build a towering office building now would likely require a massive and undoubtedly hideous parking structure, and if that's the case, I'd rather wait until there is a transit system to support tall office buildings than have them built now in bloated form. We don't want Austin to become Houston or Atlanta, at least not in that sense.
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I think the size of this tower is right for the location. Matching or exceeding the height of the Austonian just a block away wouldn't do much for the skyline. This is an opportunity to get rid of surface parking, add quality density, and not have to wait 5 or more years to get it done. It doesn't seem that long ago when we would have all been salivating to get this tower built.
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If somebody credible proposed a 1,000 footer on an appropriate site downtown and had the financing lined up and ready to go, the damn building would go up with little or no opposition and lots of enthusiastic support in the media and in the community. Austin is ready. It is nonsense to speculate otherwise. The Austin office market may not be ready, but that is a seperate issue.
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There are several sites in downtown where a shortfall building could go up.
http:// http://www.austinchronicle.c...feature1-1.jpg Particularly this site. http://www.austinchronicle.com/news/...ng-change/all/ |
IF Austin ever gets a 1000 footer it will be an ultra-premium hotel + condo tower brand... mark my words. The days of mega corp headquarters don't exist... thanks to technology, businesses can run on fewer and fewer people than ever before. This reflects the increasing jobless trend paired with record corporate growth. Most of the huge towers in Chicago and NYC are residential too... Out of all the Texas cities, Austin is the most likely to have such a tower.... don't we have the tallest residential tower west of the Mississippi? Plop a 500 room hotel on the Austonian and you might be there... look out for Trump Austin lol.
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In any case - hey, if it happens, great, but I'm not holding my breath for it. |
I'm just hoping for an 845 foot tower first. The Devon Tower in OKC is 844 so it would be a Texas/OU thing to beat them by one foot. (Maybe we can hope for an egotistical UT alum to build it.)
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Not to rag on OKC, but the Devon tower looks out of place there IMO. Really nice tower and great get for OKC, but they need to step up everything around it in a big way. |
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And San Francisco also has restrictions like this, that is why we don't have 1000' buildings. The one approved is the Transbay Tower, which was originally intended to be 1200' but got shortened a little over 1,000 because people complained that it would block the sunlight from the local parks. I think its still under some scrutiny, because people here don't want tall buildings, or something like that, not sure. |
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But if I'm wrong, I'm wrong - you won't find me objecting to it. |
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It's the same reason San Diego and Phoenix have shorter buildings. There are other factors to consider for the reason why a city has 1,000 footers. Geography can be one of them. If a city is on a peninsula or island it forces that city to go vertical, where as one that is surrounded by land, anything can happen. |
All these size Queens!
I would rather see more wonderfully designed shorter building instead of height for height sake. |
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All I know is the taller, the better. :skyhighmind:
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