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Old May 29th, 2012, 01:29 AM   #1
desertpunk
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AUSTIN | Planetarium Tower | 201m | 655ft | 47 fl | Cancelled

Planetarium proposal calls for $240 million, 47-story tower near Capitol



Quote:
By Gary Dinges AMERICAN-STATESMAN STAFF

Published: 8:19 p.m. Sunday, May 27, 2012

A local nonprofit group, with help from a big-name developer with projects across the globe, is shooting for the stars, pitching plans for a $240 million, 47-story tower near the Texas Capitol that would include a planetarium, science museum and technology center.

It would also be home to a mix of shops, restaurants and residences, plus more than 1,000 underground parking spaces.

Some funding is already lined up, developers said, but more will be needed to complete the project.

The site being considered for the 801,800-square-foot building —which if built as planned would be second only to the 56-story Austonian in the city's skyline — is a state-owned parking lot at North Congress Avenue and Martin Luther King Jr. Boulevard.

Plans call for work to start as soon as late 2014, with completion expected in late 2016.

Developer KUD International, which has offices in Long Beach, Calif.; Orlando, Fla.; and New York, and Austin Planetarium, a group founded almost a decade ago as Friends of the Austin Planetarium, predict the project will attract more than 600,000 visitors each year with an estimated annual economic impact of $60 million.

Almost 700 full- and part-time jobs would be created by the project, they say.

"It's highly unusual what we're doing," Torvald Hessel, executive director of Austin Planetarium, told the American-Statesman. "Usually a planetarium is a city or a university project, but this is truly a grass-roots group of people saying, ‘We want this.' "

Austin Planetarium and KUD have made a proposal for a ground lease for the lot near the Bullock Texas State History Museum and the Blanton Museum of Art, Hessel said, and the offer is being evaluated by the Texas Facilities Commission.

Although the group has looked at other sites, Hessel said, its focus right now is exclusively on the state lot.
http://www.statesman.com/business/re...y-2378684.html
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Old May 29th, 2012, 09:10 AM   #2
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ooooh nice austin
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Old May 29th, 2012, 11:02 AM   #3
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Austin's power!
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Old May 29th, 2012, 02:32 PM   #4
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Love the shape of this one.
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Old May 30th, 2012, 12:43 AM   #5
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Looks pretty ugly to me 4/10
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Old May 31st, 2012, 09:11 AM   #6
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I'm sorry, but that does look pretty damn ugly.
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Old June 3rd, 2012, 03:34 AM   #7
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It looks ugly and cool at the same time. Not sure what to really think about it.
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Old June 6th, 2012, 10:23 PM   #8
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awesome shape! The rest of it fugly. It would like nice in that Vancouver-ish condo green glass.
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Old June 6th, 2012, 10:34 PM   #9
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I love it.
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Old June 7th, 2012, 12:56 AM   #10
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The vents on the front are cool. but I can't see any windows on the side and that's a no no.
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Old June 9th, 2012, 05:34 AM   #11
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+1...looks very cool though
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Old June 9th, 2012, 06:01 AM   #12
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It looks like crap
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Old June 9th, 2012, 01:24 PM   #13
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I get it, its just very two sided, if you look at the concrete sides it will look horrible...
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Old June 28th, 2012, 08:07 PM   #14
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Quote:
Originally Posted by Impacts News
Museum district poised for expansion
by Macy Hurwitz
June 22, 2012


Planetarium project first envisioned in 2003 gets development partner

Central Austin’s museum district could grow even larger if the Austin Planetarium organization and development partner KUD International LLC are awarded the lease they requested from the Texas Land Commission on property across the street from the Bob Bullock Texas State History Museum and the Blanton Museum of Art.

Austin Planetarium announced plans May 26 for the $240 million, 806,000-square-foot development proposed to occupy the southeastern block at MLK Boulevard and Congress Avenue. The project would fulfill the state’s written goals for mixed-use development with a planetarium, science and technology museum, museum gift shops, a 47-story residential tower, retail space and restaurants.

Moving forward

Austin Planetarium Executive Director Torvald Hessel said he is hopeful that the process with the Texas Land Commission could be complete within a year, and KUD Executive Vice President Tom Winter said the project should take between three and four years to build, meaning it could be complete in 2016 at the earliest. Winter said he is excited about the potential cultural impact the project could have.
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Old July 2nd, 2012, 10:42 PM   #15
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I have no opinion yet, I will wait for the first parts of the exterior to be placed before I shout out something
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Old August 18th, 2012, 05:04 AM   #16
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This one is getting closer:

Quote:
Originally Posted by AusTxDevelopment View Post
They are getting closer to making this building happen. I still think the tower part is ugly, but 47 stories would be cool.

Austin Business Journal, August 16, 2012
Austin Planetarium closer to securing prime property

http://www.bizjournals.com/austin/blog/real-estate/2012/08/austin-planetarium-closer-to-securing.html
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Old August 18th, 2012, 05:33 AM   #17
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1,000 parking spaces. Is there really a need for that many. That sort of undermines the concept of mass transit.
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Old August 18th, 2012, 05:58 AM   #18
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Quote:
Originally Posted by testdrive View Post
1,000 parking spaces. Is there really a need for that many. That sort of undermines the concept of mass transit.
It includes a planetarium that will draw from the region. Otherwise there would be little need for so many spaces.
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