The Planning Fee voted unanimously Tuesday to suggest development of a skyscraper on Rainey Avenue that might be certainly one of Austin’s tallest buildings.
90-92 Rainey St., at present occupied by Container Bar, would turn out to be a residential high-rise with about 450 residential models, a cocktail lounge on the bottom flooring, and a big underground parking storage.
Metropolis Council should give last approval earlier than development can start.
Rainey Neighborhood Affiliation President Michael Abelson expressed issues about overcrowding within the space.
“Because it turns into increasingly more dense so far as improvement is anxious, it turns into much less livable for the folks residing right here particularly when there’s solely 3 ways out and in,” Abelson stated. “Individuals in Rainey want automobiles and we have to drive as a result of there’s nothing in Rainey aside from bars, eating places and residential areas.”
“There could also be issues with automobiles getting round, however that is an space that’s so near jobs, to transit,” Planning Fee co-Chair Claire Hempel stated. “Limiting the density as a result of automobiles can’t get round shouldn’t be a good suggestion.”
Coming in at 601 toes, the constructing could be the third-highest within the skyline after the Austonian.
The Rainey District “is destined for very tall issues,” Planning Fee co-Chair Todd Shaw stated.
For the reason that Planning Fee can solely approve as much as a sure measurement for development, which the constructing undertaking intends to exceed, the undertaking should qualify for Austin’s Downtown Density Bonus Program.
To qualify for the DDBP, 50 % of the undertaking have to be devoted to neighborhood advantages and the location plan should fulfill Gatekeeper Necessities that embrace compliance with City Design Pointers and Nice Streets standards and a minimal 2-star ranking beneath Austin Vitality’s Inexperienced Constructing program.
The undertaking’s Group Advantages contribution gives about 14,000 sq. toes of on-site reasonably priced housing models. The undertaking can pay $1.3 million to the reasonably priced housing belief fund to assist everlasting supportive housing in Austin.
The Rainey Avenue undertaking complies with Austin’s Urban Design Guidelines, which set out the town’s imaginative and prescient and magnificence for streetscapes, plazas and buildings.
Great Streets is a program meant to enliven the town’s streets and sidewalks with facilities like bushes, benches, sidewalk cafes, public artwork and proximity to public transportation.
The constructing goals to attain a 3-star Inexperienced Constructing ranking from Austin Vitality, which satisfies the 2-star requirement for the DDBP.
This undertaking additionally accomplished a site visitors influence evaluation of the world and dedicated $550,000 to Rainey-specific enhancements recognized by the Transportation Division.
The Design Fee unanimously accepted the undertaking final month after reviewing the planners’ design and DDBP utility.
Hempel famous the chance to construct reasonably priced housing in an space not restricted by Capitol View Hall restrictions, which bars development that hinders clear views of the Texas Capitol constructing.
“That is an space that doesn’t have that limitation,” Hempel stated, including that she “wholeheartedly” recommends approval.
Renderings of 90-92 Rainey by Nelsen Companions Architects and Planners and Urbanspace. Map through the town of Austin.
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