Austin
Austin is just booming with development plans right now. There is the Mueller redevelopment going on at the site of the old Robert Mueller Airport (see February Blog "Redevelopment of Robert Mueller Airport"). Other development around town includes the West Campus area of UT which is written up in the Wednesday March 8 edition of the Daily Texan. There's also a high rise condominium in the works on South Lamar adjacent to the old Paggi House Restaurant. Below is an article from the Austin American Statesman in October regarding the construction of this high rise. There's a website for "Bridges on the Park", (which is what they refer to in the article as Austin Park Village). This project is from the same developers behind Austin City Lofts. A site plan for the area is located at: http://alt.coxnewsweb.com/statesman/...paggihouse.pdf
Thursday, October 27, 2005
One of Austin's oldest buildings will become part of a $30 million condominium and retail project on South Lamar Boulevard, just south of Town Lake.
Austin Park Village will include more than 100 condominiums, an outdoor pool, courtyards and 9,000 square feet of street-level retail on a stretch of Lamar now lined mostly with fast-food restaurants.
The Paggi House restaurant, housed in a 160-year-old building, will be incorporated into the project. But a Wendy's and a small office building will be torn down.
Picture of Paggi House by Andrew Price/ Austin American Statesman
The project will be the first major urban residential development on the south side of the river, said Bobby Nail, Austin partner for the developer, Dallas-based CLB Partners LLC.
His company plans to start construction early next year on the project. The first residents could move in in mid-2007.
A six-story condominium building will occupy much of the 2.5-acre site currently owned by the Powell family estate.
A second phase, with more condos and shops, could begin in several years on land now home to Taco Cabana at the southeast corner of Riverside Drive and South Lamar. Taco Cabana has a lease through 2012, Nail said.
He said no zoning changes are required for the project.
The city's Historic Landmark Commission already has given its approval to raze the office building, which sits in a city-designated historic zone surrounding the Paggi House.
The office building was built by the late Jim Pfluger, the architect for whom the nearby Pfluger pedestrian bridge was named, and Pfluger's son, Brad, continues to use it as his office.
The Pflugers were instrumental in restoring the Paggi House in the 1970s.
Nail said the Paggi House and its history are "a huge part of this project."
The small house was built in the 1840s, and later served as an inn. Michael Paggi bought it in 1884. The Pflugers were instrumental in restoring the house in the 1970s. It's been a restaurant since 1980.
Nail said the Austin Park Village site is an ideal location, surrounded by the Town Lake hike-and-bike trail to the north and a city-owned nine-hole golf course to the east.
Austin Park Village will be among more than a dozen new downtown or near-downtown projects in the pipeline. Like many of those projects, condos at Austin Park Village will be at the high-cost end, from the upper $200,000s for an 850-square-foot unit to about $550,000 for 1,650 square feet.
CLB is the developer of the Austin City Lofts, the upscale condominium project on West Fifth Street. The 82 units, priced from the upper $200,000s to $1.5 million, were all sold within 18 months after it opened in April 2004. CLB also is developing five major mixed-use projects with more than 400 residential units in and around downtown San Diego.
snovak@statesman.com; 445-3856
Thursday, October 27, 2005
One of Austin's oldest buildings will become part of a $30 million condominium and retail project on South Lamar Boulevard, just south of Town Lake.
Austin Park Village will include more than 100 condominiums, an outdoor pool, courtyards and 9,000 square feet of street-level retail on a stretch of Lamar now lined mostly with fast-food restaurants.
The Paggi House restaurant, housed in a 160-year-old building, will be incorporated into the project. But a Wendy's and a small office building will be torn down.Picture of Paggi House by Andrew Price/ Austin American Statesman
The project will be the first major urban residential development on the south side of the river, said Bobby Nail, Austin partner for the developer, Dallas-based CLB Partners LLC.
His company plans to start construction early next year on the project. The first residents could move in in mid-2007.
A six-story condominium building will occupy much of the 2.5-acre site currently owned by the Powell family estate.
A second phase, with more condos and shops, could begin in several years on land now home to Taco Cabana at the southeast corner of Riverside Drive and South Lamar. Taco Cabana has a lease through 2012, Nail said.
He said no zoning changes are required for the project.
The city's Historic Landmark Commission already has given its approval to raze the office building, which sits in a city-designated historic zone surrounding the Paggi House.
The office building was built by the late Jim Pfluger, the architect for whom the nearby Pfluger pedestrian bridge was named, and Pfluger's son, Brad, continues to use it as his office.
The Pflugers were instrumental in restoring the Paggi House in the 1970s.
Nail said the Paggi House and its history are "a huge part of this project."
The small house was built in the 1840s, and later served as an inn. Michael Paggi bought it in 1884. The Pflugers were instrumental in restoring the house in the 1970s. It's been a restaurant since 1980.
Nail said the Austin Park Village site is an ideal location, surrounded by the Town Lake hike-and-bike trail to the north and a city-owned nine-hole golf course to the east.
Austin Park Village will be among more than a dozen new downtown or near-downtown projects in the pipeline. Like many of those projects, condos at Austin Park Village will be at the high-cost end, from the upper $200,000s for an 850-square-foot unit to about $550,000 for 1,650 square feet.
CLB is the developer of the Austin City Lofts, the upscale condominium project on West Fifth Street. The 82 units, priced from the upper $200,000s to $1.5 million, were all sold within 18 months after it opened in April 2004. CLB also is developing five major mixed-use projects with more than 400 residential units in and around downtown San Diego.
snovak@statesman.com; 445-3856
posted by AustiNative | 7:33 PM
0 Comments:
Post a Comment
<< Home