Austin | Ritz-Carlton Hotel & Residences (80 Red River) | 802 Ft | 64 Flrs | On Hold - Page 8

StoOgE · #**141** Posted **Mar 28, 2022, 4:43 PM**

This one is going up. I know someone who is involved in the permitting.

If it isn't happening, they are spending a lot of money for no real reason on permits.

sewaneetigers · #**142** Posted **Mar 29, 2022, 7:21 AM**

Quote:

Originally Posted by StoOgE

This one is going up. I know someone who is involved in the permitting.

If it isn't happening, they are spending a lot of money for no real reason on permits.

Yes, it is going up

ahealy · #**143** Posted **Mar 29, 2022, 8:45 PM**

Quote:

Originally Posted by sewaneetigers

Yes, it is going up

can you confirm if there's going to be a restaurant up top?

sewaneetigers · #**144** Posted **Mar 29, 2022, 9:28 PM**

Quote:

Originally Posted by ahealy

can you confirm if there's going to be a restaurant up top?

That would be news to me

The ATX · #**145** Posted **Mar 29, 2022, 9:36 PM**

The initial press release about this project mentioned a "signature roof-top restaurant."

https://skyscraperpage.com/forum/sho...41&postcount=2

sewaneetigers · #**146** Posted **Mar 30, 2022, 3:25 AM**

Quote:

Originally Posted by The ATX

The initial press release about this project mentioned a "signature roof-top restaurant."

https://skyscraperpage.com/forum/sho...41&postcount=2

deleting an irrelevant post

sewaneetigers · #**147** Posted **Mar 30, 2022, 5:11 AM**

Quote:

Originally Posted by The ATX

The initial press release about this project mentioned a "signature roof-top restaurant."

https://skyscraperpage.com/forum/sho...41&postcount=2

I have not been focused on the amenities, so I overlooked that. There are some "costs" associated with a "rooftop restaurant"

SproutingTowers · #**148** Posted **Mar 31, 2022, 5:38 AM**

Quote:

Originally Posted by sewaneetigers

I have not been focused on the amenities, so I overlooked that. There are some "costs" associated with a "rooftop restaurant"

All you need is a ghost kitchen on the first floor and a dumbwaiter to take the food up to the top.

Sigaven · #**149** Posted **Mar 31, 2022, 3:18 PM**

Quote:

Originally Posted by SproutingTowers

All you need is a ghost kitchen on the first floor and a dumbwaiter to take the food up to the top.

Hey! Be nice to waiters, not all of them are dumb!

ATX2030 · #**150** Posted **Apr 24, 2022, 1:05 AM**

Quote:

Originally Posted by sewaneetigers

Yes, it is going up

Any updates on this?

JACKinBeantown · #**151** Posted **Apr 24, 2022, 12:22 PM**

Quote:

Originally Posted by Sigaven

Hey! Be nice to waiters, not all of them are dumb!

Quick sidenote: I once saw Lou Reed at a restaurant in New York. He was extremely rude to the waiter. He may have been a good songwriter/musician, but from my experience he was a terrible human being.

ATX2030 · #**152** Posted **Apr 26, 2022, 8:36 PM**

Hey The ATX, on your twitter feed you said your source was losing confidence in this project. Any updates or should we write this one off for the time being?

ILUVSAT · #**153** Posted **Apr 26, 2022, 8:43 PM**

Quote:

Originally Posted by ATX2030

Hey The ATX, on your twitter feed you said your source was losing confidence in this project. Any updates or should we write this one off for the time being?

What?

Roughly a month ago there was talk of an imminent announcement.

ATX2030 · #**154** Posted **Apr 27, 2022, 2:33 PM**

Quote:

Originally Posted by ILUVSAT

What?

Roughly a month ago there was talk of an imminent announcement.

The lack of responses means this thing is DOA. Would have loved to see this one make it but it's understandable.

ILUVSAT · #**155** Posted **Apr 27, 2022, 2:50 PM**

Quote:

Originally Posted by ATX2030

The lack of responses means this thing is DOA.

I wouldn't jump to that conclusion quite yet.

We vs us · #**156** Posted **Apr 27, 2022, 2:53 PM**

So pessimistic! With all due respect to my good friend ATX, he's a bit of a glass half empty guy when it comes to delays and long periods without an update. Not saying it's NOT dead -- I don't have any special info -- but I'd say there's at least a 50/50 chance it's still chugging along behind the scenes. In one form or another most of our major towers had those quiet times. I wouldn't despair about this one until we hear more definitive info.

The ATX · #**157** Posted **Apr 27, 2022, 2:55 PM**

It isn't dead, just having trouble getting financing. M2 still hasn't broken ground on their Nashville Ritz which was assumed to be a done deal. That project is a bigger focus to M2 right now. Regardless of how Austin's Ritz project turns out, Genesis still owns the site and is permitted for a second tower. So something will get built.

ATX2030 · #**158** Posted **Apr 27, 2022, 3:19 PM**

Quote:

Originally Posted by The ATX

It isn't dead, just having trouble getting financing. M2 still hasn't broken ground on their Nashville Ritz which was assumed to be a done deal. That project is a bigger focus to M2 right now. Regardless of how Austin's Ritz project turns out, Genesis still owns the site and is permitted for a second tower. So something will get built.

Great to hear. Thanks for the update!

Dale · #**159** Posted **Apr 27, 2022, 4:54 PM**

Quote:

Originally Posted by The ATX

It isn't dead, just having trouble getting financing. M2 still hasn't broken ground on their Nashville Ritz which was assumed to be a done deal. That project is a bigger focus to M2 right now. Regardless of how Austin's Ritz project turns out, Genesis still owns the site and is permitted for a second tower. So something will get built.

Re: the Nashville Ritz, from a poster on SSC ...

“ Hold up was for city's installation of new sewer lines and I understand it should start soon.”

The ATX · #**160** Posted **Apr 27, 2022, 5:04 PM**

Quote:

Originally Posted by Dale

Re: the Nashville Ritz, from a poster on SSC ...

“ Hold up was for city's installation of new sewer lines and I understand it should start soon.”

That would be good. Do we know if financing has been obtained?