Austin | Stadium Tower | 264 Feet | 19 Floors | On Hold

[FrankLloydLeft]

Originally Posted by ahealy

Careful, all the tech bro transplants will think it's swimmable just like they do with town lake in the summer.

*Tech bros jump into Q2Quarry*

no. don't. stop.

[ahealy]

Originally Posted by FrankLloydLeft

*Tech bros jump into Q2Quarry*

no. don't. stop.

You could do town lake, but I'll pass until we have an antitoxin for the blue algae thing. no thanks

[Novacek]

They now have brand new ~12 foot wooden fences surrounding the site. I guess they heard you all.

[JoninATX]

Now they have removed the crane base that was on site.

[myBrain]

Shouldn't it be pretty straightforward to drop the office and convert to apartments? Crazy that this one has been inactive for so long.

[mtb_jeremy]

I'd be interested to see them join the property with the lots next door and reimagine the development across the adjoining lots.

[The ATX]

An update to the site plan was approved in June. But the filing had no information as to what it was.

[Werdman89]

Wow
Kilroy has spent $66M so far on stalled tower

Kilroy (NYSE: KRC) reported spending $66.1 million on Stadium Tower as of June 30, according to its second quarter earning report, released July 31. That was up from the $54.8 million as of Sept. 30, 2022, about one month before Kilroy halted construction on the project because of concerns about the economy, leaving a hole in the ground next to Q2 Stadium.

"We intend to hold off on the construction of Stadium Tower, our Austin development site, until the economy gives us more confidence or we pre-lease a substantial portion of the project," John Kilroy, Kilroy chairman and CEO, told investors in an October 2022 earnings call.

https://www.bizjournals.com/austin/n...Pos=0#cxrecs_s