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-   -   AUSTIN | Sixth and Guadalupe | 874 FEET | 65 FLOORS (https://skyscraperpage.com/forum/showthread.php?t=229268)

Urbannizer Nov 3, 2022 3:46 AM
Meta backs out of plan to occupy 589K sf in Austin

Quote:
As Meta moves to shrink its office footprint, the Facebook parent is backing out of a plan to fill a new building in downtown Austin.

The tech giant plans to sublease rather than occupy the 589,000 square feet it leased at Lincoln Property Company’s Sixth and Guadalupe, The Real Deal has learned.

The massive lease, announced in January, is for all of the office space at the under-construction, 66-story tower, and is one of the largest office leases in city history.

Lincoln Property Company declined to comment, but Andrea Beasley, a spokesperson for Meta, confirmed the decision.

futuresooner Nov 3, 2022 4:40 AM
Quote:
Originally Posted by Urbannizer (Post 9779976)
Now, while that's not surprising, that is a rather large amount of office space being delivered without a tenant. I get Austin is exploding and companies are relocating/expanding there, but I wonder how quickly that can be filled up.

Urbannizer Nov 3, 2022 5:07 PM
Quote:
Originally Posted by futuresooner (Post 9780004)
Now, while that's not surprising, that is a rather large amount of office space being delivered without a tenant. I get Austin is exploding and companies are relocating/expanding there, but I wonder how quickly that can be filled up.
This will likely hinder other office projects from moving forward. It’s also being said that Google is reconsidering their lease at Block 185.

Urbannizer Nov 3, 2022 5:09 PM
Sixth and Guadalupe Mixed-Use Tower Tops Out as the Tallest Tower in Austin

Quote:
AUSTIN, Texas, Nov. 1, 2022 /PRNewswire/ -- Standing taller than any current building in Austin, Sixth and Guadalupe has topped out at its final height of 865 feet. This much-anticipated milestone has been two and a half years of a steady vertical climb and was met successfully, even with a backdrop of skilled labor shortages, a pandemic, and market inflation.

Sixth and Guadalupe is owned and managed by Kairoi Residential, Lincoln Property Company, and DivcoWest. Construction is led by JE Dunn Construction and designed by Gensler.
https://mma.prnewswire.com/media/193...ior.jpg?w=1500

sewaneetigers Nov 7, 2022 12:08 AM
6x this evening

• Video Link

TempleGuy1000 Nov 17, 2022 2:11 PM
Bad timing
Why Office Buildings Are Still in Trouble - New York Times

Quote:
In a sign of how fast the market has turned down in some places, companies are giving up space that they leased only months earlier. Meta, the parent of Facebook, recently decided to sublet all the space that it signed up for about 10 months earlier in an Austin, Texas, office tower called Sixth and Guadalupe. Meta must still pay the rent on 589,000 square feet, but its decision to find somebody else to occupy the space could push rents down across Austin,
Edit: I didn't read the last few posts, so sorry for the repost.

Urbannizer Nov 17, 2022 3:07 PM
https://i.imgur.com/EG9EGnd.jpeg

https://i.imgur.com/I1cpXM2.jpeg

Riverranchdrone Dec 21, 2022 4:55 AM
[IMG]https://live.staticflickr.com/65535/...8438b658_h.jpgAustin from Pease Park by Jason Luebbe, on Flickr[/IMG]

photoLith Dec 21, 2022 6:47 AM
Wow, that building looks huge compared to everything else.

Ecopolisia Feb 14, 2023 12:07 AM
Quote:
Originally Posted by photoLith (Post 98214)
Wow, that building looks huge compared to everything else.
And,there's so much more to come.Equally as huge and tall(and even taller) and in different variations and shapes. Exciting times ahead for Austin in particular, especially amongst medium-big cities in the States.Greetings a Dane btw,who are fascinating about the overall US modern (as well as the solar opposite) architecture ..lol..:cheers::notacrook:

BVictor1 Feb 20, 2023 2:47 AM
My first visit to Austin. There's certainly a lot of construction happening, but the parking podiums on these towers, YIKES!!! 1,600 parking spaces. really?

02.19.23
https://uniim1.shutterfly.com/render...&ts=1676860532

https://uniim1.shutterfly.com/render...&ts=1676860532

https://uniim1.shutterfly.com/render...&ts=1676860447

https://uniim1.shutterfly.com/render...&ts=1676860452

02.19.23
https://uniim1.shutterfly.com/render...&ts=1676860447


https://uniim1.shutterfly.com/render...&ts=1676860450

KevinFromTexas Feb 21, 2023 12:31 AM
Nice. I haven't seen it from the capitol grounds yet, but it looks good there.

Urbannizer Apr 18, 2023 2:25 AM
https://i.imgur.com/Xem84Tt.jpg

Urbannizer Apr 21, 2023 3:03 AM
• Video Link

Zapatan Apr 22, 2023 7:50 PM
What makes them think there's a height increase?

Building looks great though, I really like this one.

KevinFromTexas Apr 23, 2023 12:54 AM
Quote:
Originally Posted by Zapatan (Post 9925976)
What makes them think there's a height increase?

Building looks great though, I really like this one.
He was speculating that the columns at the very top were an additional height decision, but they aren't. Those are the mechanical screen/parapet supports. That's the part of the building that will be the crown and be lit at night.

Urbannizer May 17, 2023 3:40 AM
https://i.imgur.com/lkGaUi4h.jpeg

https://i.imgur.com/YrCDLPzh.jpeg


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