Downtown Development

Fairmont’s mission is to “engage guests with the city’s famed music scene, as well as the area’s celebrated cuisine and diverse lifestyle.”

    The region’s largest hotel, Fairmont Austin, has been projected for completion in early 2018 and has recently announced the opening of their online reservation service. Already a towering icon, the Fairmont, located in the Central Business District near Waller Creek and Palm Park, sports views of the cityscape, Lady Bird Lake and the State Capitol.

   The 37-story hotel contains 1,048 guest rooms and suites, while also offering the Fairmont Gold experience, five luxury restaurants and bars, a full-service salon and spa, a seasonally heated swimming pool, and a direct connection to the Austin Convention Center.

   From meetings, business services and fundraisers, to weddings, galas and social events, this transcendent city center hotel is equipped for any event’s expectations. The Fairmont Austin offers 140,000 square feet of state-of-the-art meeting space with 13,500 square feet outdoors and 40,000 square feet for pre-functions.

   Journey through four distinct culinary worlds that come together for a vibrant and colorful dining experience. Revue’s unique approach to cuisine is defined by its diversity and includes the timeless cuisine of Italy, the epicurean and cultural complexities of Asia, and the delicacies of the sea, topped off with delicious treats from the artisanal pastry shop. Revue emphasizes on sourcing and preparing locally grown and made products in all aspects of this communal and shareable restaurant that truly has something for everyone.

Learn more about Austin’s newest gem. www.fairmont.com/austin/

With Austin cited as a key location being considered for Amazon’s secondary headquarters project, Eightfold Development of Austin has proposed an incentive to further lure the project to its city’s limits: the old Motorola plant and campus in East Austin.

After 12 years of abandonment and arrangements to be revitalized, rebuilt and repurposed, Eightfold has broke ground on the old Motorola campus and plans to develop a main building in the shape of Amazon’s Alexa – if the campus is selected by Amazon for the project’s site. It should be noted that competition for selection is immense, especially since the $5 billion Amazon HQ2 project is anticipated to generate 50,000 jobs.

Although the amount of perks offered to Amazon from major North American cities play a key role in the decision, the process of deciding also focuses heavily on the company’s meticulous preferences. 

Amazon has a timeline to finding “a development-prepped site [on] an urban or downtown campus.” The location desired must have access to public transportation, be within one to two miles of major highways, within 45 miles of an airport and have onsite amenities, restaurants, retail spaces and cafes. The project also requires that the initial building(s) accommodate up to 500,000 square feet by 2019 and have the potential of accommodating up to 8 million square feet beyond 2027.

The list of preferences continues, yet those features mentioned alone have presented Austin with the challenge of finding a big enough site within minutes from downtown. Amazon’s idea behind their askings is to have “communities think creatively for viable real estate options.”

Eightfold Development ensures, with or without Amazon, that the old Motorola campus will be transformed through an $800 million, five-year redevelopment plan. Less than five miles from downtown, about six miles from the Austin-Bergstrom International Airport and on 100+ wooded acres, the site plans to yield 500,000 square feet of office space within the next 12 months and has a potential to accomodate 5 to 9 million square feet of space.

Currently under renovation and redesign, the site will soon be a sustainable mixed-use community: the community will feature an urban farm, 3,000 housing units, health and wellness clinics, cafes, computer labs, a museum, space for arts organizations and other nonprofits, and 75% of its power coming from solar energy.

Whether or not Austin is chosen by Amazon, who proceeds to choose the East Austin campus for its secondary headquarters, Developer Adam Zarafshani of Eightfold claims that the finished project “will be a city within a city.”

Read More Here!

Keep your eyes open for an upscale residential high-rise that is scheduled for completion in 2018. In the heart of the lively Rainey Street District, 70 Rainey will have 34 stories of “dramatic architecture, uncompromising luxury, verdant landscaping, and meticulous attention to detail.”

Developed by Sackman Enterprises with interiors by Markzeff, this condominium tower will have 164 condo residences and seven penthouses on the top three floors, ranging from one to three story floor plans.

Green, green, green. 70 Rainey is proud to be one-with-nature: trees planted along the outdoor patios, trellises lining the parking structure, and an amenity park with an expansive garden that resembles “a backyard that residents use.”

Continuing with the outdoorsy theme, private outdoor terraces will be in each residence, and the tenth floor oasis will include a heated and cooled Infinity Edge Pool with views of Lady Bird Lake and the Downtown Austin skyline, a dog park, and an outdoor yoga terrace. Step in the backyard of 70 Rainey, and you will find yourself eating a hotdog and sipping a brewski on the patio of Banger’s Sausage House and Beer Garden.

To check out more: 70rainey.com