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Old April 14th, 2013, 07:18 PM   #1
desertpunk
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AUSTIN | Colorado Tower | 127m | 397ft | 29 fl | Com



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Quote:
30-Story Office Tower to Rise in Warehouse District
April 19, 2012



When it comes to downtown Austin, almost everyone loves the Warehouse district. It's historic, iconic, and full of life. Its small scale is a nice counterbalance to the surrounding towers. The area, though much smaller than it used to be, is widely known and a common entertainment destination for residents and visitors.

So it will be mixed emotions that downtown dwellers will greet yesterday's news of a new 30-story shiny glass office tour planned for one of the key warehouse district blocks. The tower, which will certainly block many Austonian northwest views, will contain 18 stories of fancy offices on top of 12 stories of above-ground parking. The building is being developed by Cousins Properties which also developed the Frost Bank Tower just a couple of blocks away. Fortunately, the new building will not sport the same giant nose hair trimmer crown.

The building -- currently named "Colorado and Third" -- is planned for a parking lot site that was previously supposed to become a hotel. The lot, located on 3rd and Congress, is at a prime intersection connecting the warehouse district to the Second Street District.

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Old April 14th, 2013, 07:19 PM   #2
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Project now delayed for street work:

Cousins buys Congress Ave building, other project delayed


http://www.statesman.com/news/busine...ower--1/nRm6d/

Quote:
April 13, 2013 12:37 Filed in: Development Watch

Cousins Properties is back in the game as property owner along N. Congress in downtown Austin, and at the same time – although no one has really noticed – they are running far behind schedule on new office building also downtown.

The delay means that Cousins is going to have trouble pre-leasing its building, and will get beat to market by the likes of other projects coming online, quite possibly forcing it to abandon plans. (Which consequently buys time for SXSW and other promoters to use the parking lot there for a stage for another year or five.)

Cousins famously developed the Frost Bank Tower, a marquee and classy addition to downtown, which stretches up 33 stories and started construction in 2001. Last year, Cousins announced their gorgeous glass-lined 30-story office tower at intersection of Third and Colorado, in a spot initially planned for a hotel.

When the story about the new office building was leaked to the Austin American-Statesman, Cousins announced they would break ground sometime in late 2012. To date, nothing has happened, and the site plan is still pending, with a new deadline of August to clear up existing issues.

According to some city paperwork, apparently Cousins is proposing to excavate the brand new streets in front of its property, which were reconstructed as part of the GreatStreets redevelopment on Colorado. This requires a traffic mitigation and street reconstruction plan, and also a determination by the Austin Transportation Department director that an economical alternative route is not available to the applicant.

Yikes!!


Meanwhile, office demand remains hot, but there are other new towers – namely Block 51 and the Schossler developments on Lamar, that are way ahead of Cousins. Dependability and predictability are necessities for commercial tenants, which Third and Colorado can’t offer.

[...]
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Old April 14th, 2013, 08:50 PM   #3
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Nice one, hope it gets build like this.
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Old April 15th, 2013, 10:32 AM   #4
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....and hopefully taller.
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Old May 23rd, 2013, 05:48 AM   #5
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Colorado Tower

Construction kicks off next week, and with a formal groundbreaking on June 4.

http://www.mystatesman.com/news/busi...atesman_launch
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Old May 24th, 2013, 05:58 PM   #6
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This building will not be 400 feet. The building elevations show it to be 397 feet tall. I also confirmed that with the developer recently. And it has 29 floors, not 30. And it'll be called the Colorado Tower.
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Old May 29th, 2013, 09:39 AM   #7
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Gravel has been broken up on site, and got construction equipment as well...
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Old May 29th, 2013, 11:10 AM   #8
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Changed the name and status
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Old May 30th, 2013, 09:43 AM   #9
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Changed the name and status
Cool, thanks...
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Old June 6th, 2013, 02:31 AM   #10
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Cousins breaks ground on downtown Austin office tower

Quote:
Jan Buchholz
Austin Business Journal

Date: Tuesday, June 4, 2013, 12:53pm CDT

It’s been more than a decade since Cousins Properties Inc. broke ground on a major office tower in downtown Austin, and the Atlanta-based real estate development company celebrated anew Tuesday morning.

That’s because the official groundbreaking for Colorado Tower at Third and Colorado streets took place to a throng of well wishers. Cousin’s senior vice president in Austin, Tim Hendricks, presided over the festivities, which has been a long time coming.

It’s been more than a year since the company unveiled its plans for the 29-story tower. Cousins was waiting for the downtown office market to ripen. So was Endeavor Real Estate Group LLC, which is building the IBC Bank Plaza. That 13-story mid-rise broke ground in the past month at 500 W. Fifth St.

In his comments, Hendricks remarked about how the downtown landscape has changed dramatically since his firm built the highly recognizable Frost Bank Tower in the early 2000s. “The Warehouse District was just a bunch of old warehouses,” Hendricks said. And the growing Second Street District, with its emphasis on shopping and dining, didn’t even exist. With a trendy and increasingly popular composite of businesses in the Warehouse District, Hendricks said, “We’re very blessed to be a part of it.”

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Old June 6th, 2013, 01:40 PM   #11
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Originally Posted by Hoogloper View Post
Nice one, hope it gets build like this.
well, I would hope that the parking floors would be less visible.
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Old June 7th, 2013, 07:36 PM   #12
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I agree, I hope they conceal the parking. I hope one day we can get way from needing a car to get around Austin in a timely fashion. I do applaud Capital Metro for improving their service over the years but still a long, long way to go to catch up with places like Europe and Japan/China (for example) in terms of purely efficient, readily available public transportation.

Hell, I'm off topic. I wonder what this building will look like from other angles. Very excited to see this one go up. I walked by the site 2 days ago and they've dug the hell out of the ground. So nice to see one more inefficient parking lot go away.
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Old July 11th, 2013, 05:22 AM   #13
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This is under construction now. Foundations and the crane are up.
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Old January 10th, 2014, 12:46 PM   #14
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7.10 Crane up:


http://buildingatx.com/



7.25

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Old January 10th, 2014, 12:46 PM   #15
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10.19 (crane at right)

image hosted on flickr

Austin, Texas by Jims_photos, on Flickr

10.29 Decks rising:

image hosted on flickr

5th Street 057 by ManWellGarza, on Flickr
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Old January 10th, 2014, 12:46 PM   #16
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Nov. 23

image hosted on flickr

Mini X Games Austin by -Dons, on Flickr

image hosted on flickr

Moment on a corner by -Dons, on Flickr


Dec. 31

image hosted on flickr

#austonian #austin #360 #crane #city #downtown #centro #rascacielos #skyscraper #blue #silver #plata #azul #texas #mycity by Dylecho Reborn, on Flickr
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Old February 20th, 2014, 04:03 AM   #17
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1.27


Astronomical growth by mitchhagelberg, on Flickr


2.9

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Cone Street by -Dons, on Flickr
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Old February 23rd, 2014, 06:59 PM   #18
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Some nice updates

Quote:
Originally Posted by ()_T View Post
Hey guys, in Austin for a few days and decided to walk around and take some pics.

2/15

Colorado Tower






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Old April 13th, 2014, 02:32 AM   #19
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3.11


Austin Skyline by S. Elliot S., on Flickr


FroBa and Austonian by Cherry Bream, on Flickr


Pedestirans in the crosswalk by Cherry Bream, on Flickr




At center:

image hosted on flickr

Austin panorama during SXSW 2014 by Pete Kim, on Flickr
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Old April 13th, 2014, 02:32 AM   #20
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Apr. 9


Atlassian Austin #2 by wadenick, on Flickr
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