AUSTIN | 98 Red River/Waller Creek Tower | 1,030 Feet | 74 Floors | Proposed - Page 72

The ATX · #**1421** Posted **Mar 18, 2021, 2:19 AM**

Nice. More signs of progress, and it's getting a little taller. The original FAA filings for the tower have been stuck at Interim for months. The slight change in height must be the reason for the re-file.

We vs us · #**1422** Posted **Mar 18, 2021, 12:17 PM**

Is it weird to file tower crane permits 9 months in advance? Once again I’m struck by how quickly the paperwork is moving (as as how quickly they put up actual signage) vs their target start date. Doesn’t seem to mirror what I’ve seen with most other projects around town.

Those FAA permits always seem to be one of the last things before demo begins.

clubtokyo · #**1423** Posted **Mar 19, 2021, 12:01 AM**

Yeah it does seem to be sped up? Do you think the developer decided to move faster since the market is so hot right now?

The ATX · #**1424** Posted **Mar 19, 2021, 12:07 AM**

Quote:

Originally Posted by We vs us

Those FAA permits always seem to be one of the last things before demo begins.

City permits are what matters. FAA permits are all over the place in terms of when they are filed and the actual status of a project. Sometimes they are filed well ahead of a project's proposed start date and sometimes they are filed after building is well U/C or even topped out.

KevinFromTexas · #**1425** Posted **Mar 19, 2021, 1:28 AM**

The numbers are also less reliable for FAA permits as to the true height of a building, but they are a good indication of what the range is. For example, the elevations of 44 East show it at 573 feet, and the FAA permit that was posted last week showed it at 574 feet. I've also noticed that they sometimes post multiple permits for projects sometimes. I don't know why that is.

The ATX · #**1426** Posted **Mar 19, 2021, 1:46 AM**

The best thing about FAA permits IMO is that they are usually the only source for the height of tower cranes (for the nerdiest amongst us.) Sometimes they are the first source of a building's height.

GoldenBoot · #**1427** Posted **Mar 19, 2021, 2:30 PM**

Quote:

Originally Posted by The ATX

City permits are what matters. FAA permits are all over the place in terms of when they are filed and the actual status of a project. Sometimes they are filed well ahead of a project's proposed start date and sometimes they are filed after building is well U/C or even topped out.

Case-in-point - A few years back, I believe it was a developer of Turkish decent whose company (I don't remember the name) filed a permit with the FAA for a tower of 1,080' in downtown Dallas. As far as I know, that project is long dead.

By no means am I saying this project will not come to fruition. It's just one example proving ATX's point.

The ATX · #**1428** Posted **Apr 2, 2021, 10:01 PM**

The City's first response to the site plan revision was posted online this afternoon. At first glance I didn't see anything particularly interesting:

https://abc.austintexas.gov/public-s...ertyrsn=879326

The ATX · #**1429** Posted **Apr 3, 2021, 10:15 PM**

Here's a short article by a former resident of the house at 98 Red River reminiscing about his time at that address after he heard it was demo'ed in 2013.

https://www.jhfarr.com/2013/08/98-re...g-glory-seeds/

JAM · #**1430** Posted **Apr 5, 2021, 5:20 PM**

Thanks for the article. We almost moved there at one point. I ran the valuation numbers to see if it had the potential to be knocked down - didn't want to buy if that was going to happen. Concluded there was no way anyone would pony up the bucks to buy it outright from the owners. boy was I wrong!

freerover · #**1431** Posted **Apr 7, 2021, 11:11 PM**

Was the property that was once owned by WeWork? There is a crazy documentary on the company on Hulu that makes it laughable that we all thought they would actually be able to build a tower.