New Project: "Zilker Place Condos"
November 11, 2007 21:56 Filed in: Condo
Projects
John Wooley, the founder of Schlotsky's, this week
announced plans for Zilker Place Condominiums, a new
74-unit condo development on a prime lot on Barton
Springs road adjacent to Zilker Park. With quick
access to the park and the hike and bike trail, three
5-story buildings will be constructed on a 2 acre lot
that currently houses the restaurant Wanfu Too.
Prices for the units will start at $300,000 for 900
square feet and will top out at $1.3 million for a
3,030 SF unit. The project will feature a central
courtyard and pool, screened porches on many units,
and protected views of Zilker Park.
Here is a rendering published by the Statesman:
When combined with Barton Place, a 270 unit project just a few doors down, it is clear that the area on Barton Springs between the park and Lamar is now in store for a radical transformation. With two large projects on the way, tax increases will certainly put pressure on the remaining restaurants and mobile home parks that form this prime area of the city. As the blocks develop, one of the most important elements -- one that is missing from current plans -- may be a requirement for ground-floor retail up and down the street. It would certainly be detrimental to Austin to lose a full district of iconic restaurants for a few mid-rise condo buildings.
Although Wooley originally hoped to build a much taller tower, he intelligently reformed the project as a 5-story venture that fits just within local zoning requirements. The local neighborhood association has provided vocal opposition to other projects. Given Zilker Place's location adjacent to the park, it would have been very difficult to secure political support for variances.
Here is a rendering published by the Statesman:
When combined with Barton Place, a 270 unit project just a few doors down, it is clear that the area on Barton Springs between the park and Lamar is now in store for a radical transformation. With two large projects on the way, tax increases will certainly put pressure on the remaining restaurants and mobile home parks that form this prime area of the city. As the blocks develop, one of the most important elements -- one that is missing from current plans -- may be a requirement for ground-floor retail up and down the street. It would certainly be detrimental to Austin to lose a full district of iconic restaurants for a few mid-rise condo buildings.
Although Wooley originally hoped to build a much taller tower, he intelligently reformed the project as a 5-story venture that fits just within local zoning requirements. The local neighborhood association has provided vocal opposition to other projects. Given Zilker Place's location adjacent to the park, it would have been very difficult to secure political support for variances.