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Austin's proposed tallest (in 4 yrs)

DPatel304
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Re: Austin's proposed tallest (in 4 yrs)

Postby DPatel304 » 25 Jun 2019 16:47

That Massive Airbnb Hotel on Rainey Will Include a Cafe
Natiivo is a 33-story building with 249 residential units that will operate as a hotel, with amenities like a 24/7 concierge, valet parking, pool, and fitness center. The units will be individually owned, but those owners can only stay for a maximum of 30 straight days due to licensing. Airbnb will provide guidance on common areas and rental interiors.

https://austin.eater.com/2019/6/25/1875 ... treet-cafe

I'm just sharing because I think it's hilarious that AirBnB is opening a hotel and Amazon also recently got into the B&M business. Way to kick someone while they are already down..haha.

With that said, I'm looking forward to the Amazon store in DFW, and am interested in learning more about this hotel. From the sounds of it, it doesn't really sound like anything out of the ordinary really, and it'll just be a regular hotel.

Tnexster
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Re: Austin's proposed tallest (in 4 yrs)

Postby Tnexster » 07 Jul 2019 16:05

Hey Look, the Old Ginger Man Facade is Back at the Hotel ZaZa

https://austin.towers.net/hey-look-the- ... otel-zaza/

Tnexster
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Re: Austin's proposed tallest (in 4 yrs)

Postby Tnexster » 05 Aug 2019 21:39

Demolition at the 6 X Guadalupe Tower Site Could Arrive Next Month

https://austin.towers.net/demolition-at ... ext-month/

Image

DPatel304
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Re: Austin's proposed tallest (in 4 yrs)

Postby DPatel304 » 04 Sep 2019 10:54

DPatel304 wrote:Yeah, that's a good point. Apple and Google have started the trend, along with all the little startups in Austin, so it's very likely that others will follow suite. I'll admit, I was pretty shocked to hear about Google coming to Austin, but, now that it is official, that puts them in a REALLY good position to become the next tech hub.

It would certainly be interesting to see how things pan out.


This was my post from February of this year. I still do think that Austin has a very strong Tech presence, but the recent Uber news will certainly make things interesting. If this Uber move happens to be a one and done deal, then it won't change much, but if other companies start moving to DFW, then we might eventually start evening the score.

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Tivo_Kenevil
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Re: Austin's proposed tallest (in 4 yrs)

Postby Tivo_Kenevil » 04 Sep 2019 11:06

DPatel304 wrote:
DPatel304 wrote:Yeah, that's a good point. Apple and Google have started the trend, along with all the little startups in Austin, so it's very likely that others will follow suite. I'll admit, I was pretty shocked to hear about Google coming to Austin, but, now that it is official, that puts them in a REALLY good position to become the next tech hub.

It would certainly be interesting to see how things pan out.


This was my post from February of this year. I still do think that Austin has a very strong Tech presence, but the recent Uber news will certainly make things interesting. If this Uber move happens to be a one and done deal, then it won't change much, but if other companies start moving to DFW, then we might eventually start evening the score.


Austin has a better tech scene than does Dallas. Not even close in my estimation.

The major critical piece being a major university that produces talent.
DFW certainly has greater workforce of tech workers, however DFW suffers from talent generation.

Not to mention Austin's downtown is light years ahead of Downtown Dallas in terms of attracting tech companies. We shall see in the upcoming years if UNT, TCU, SMU and UTD can step it up.. that's the major hurdle. Convincing Companies that our schools can produce quality workers.

DPatel304
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Re: Austin's proposed tallest (in 4 yrs)

Postby DPatel304 » 04 Sep 2019 11:17

I'm curious how the numbers compare for the Tech scene in both cities. I've heard Dallas actually has a great number of tech jobs with all the telecom companies in the DFW area, but I've never actually seen the numbers comparing the two cities.

Regardless, I think the next decade will certainly be interesting. You are right, Austin has the advantage of having UT, but then it has the disadvantage of lacking a lot of big city advantages that Dallas has (better airport, better highway infrastructure, better public transportation), not to mention that Austin is rapidly becoming expensive and overcrowded.

DPatel304
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Re: Austin's proposed tallest (in 4 yrs)

Postby DPatel304 » 04 Sep 2019 11:28

Image
Image
Dallas is our winner when comes to the growth rate. Austin seems to perform a little weaker but on the other hand — it already has an established position as a tech hub so the growth pace might not be as relevant here.

https://hackernoon.com/a-brief-numerica ... e90e12a149

I don't know how accurate this information is, but I did find a source which compares the start-up scene in Texas. This is basically in line with what I imagined.

Also, I don't know how accurate this is, but here's another article on the overall tech scene in both cities:
Dallas blasts past Austin in new ranking of top cities for tech workers
http://dallas.culturemap.com/news/city- ... martasset/

I'm sure you could find articles that contradict mine, so, I guess there's no real way to know how the two compare. I'd say DFW has more tech jobs, but Austin has more startups, more 'trendier' companies, and a better tech presence in the urban core. I do think things are close enough to where that could be changed in the next decade, especially with Uber adding 3,000 jobs to the urban core.

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Hannibal Lecter
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Re: Austin's proposed tallest (in 4 yrs)

Postby Hannibal Lecter » 04 Sep 2019 19:16

DFW has more tech workers. A lot more. But it's a smaller percentage of a much larger population, so they don't stand out.

Austin, on the other hand, has a lot better PR. :-)

I45Tex
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Re: Austin's proposed tallest (in 4 yrs)

Postby I45Tex » 06 Sep 2019 13:02

The 6 X Guadalupe 848' mixed-use project filed this summer with the FAA to authorize a tower crane of up to 925' starting in October and lasting through March 2021. Has not received a decision yet.

https://oeaaa.faa.gov/oeaaa/external/se ... 2180&row=1

As for the Austin economy, I am an angel.co user but not a twitter user, so I didn't see any feedback on the four-way comparison from this past winter that you (DPatel) post excerpt screenshots from, above (hackernoon takes blog comments via twitter).
Angel.co is specifically for hiring "talent" interested in business models built to scale hyperfast or die trying, which involves creating a lot more PR than technology jobs do in general, just like Evel Knievel could get a lot more press than your cousin's motorcycle daytrip to Lake Lavon did. Is the buzz about something productive?

Well if any investor compares it to something productive with the same level of risk in the time horizon they're prepared to accept, and finds that they can get superior returns by being in something unproductive that has more momentum, then they don't even have to answer the question.



Total Firms Joining Angel List / Intensity of Their Current Job Postings

12,395 / 1,617 Texas https://angel.co/texas

2620 / 316 Dallas https://angel.co/dallas
244 / 6 Fort Worth https://angel.co/fort-worth
198 / 118 Plano https://angel.co/plano
128 / 10 Irving https://angel.co/irving
95 / 4 Frisco https://angel.co/frisco
26 / 4 Carrollton https://angel.co/carrollton
54 / 3 Richardson https://angel.co/richardson-1
82 / 2 Arlington https://angel.co/arlington
30 / 1 Addison https://angel.co/addison-tx
18 / 1 Lewisville https://angel.co/lewisville
34 / 0 Allen https://angel.co/allen
30 / 0 Southlake https://angel.co/southlake
18 / 0 Denton https://angel.co/denton

2071 / 187 Houston https://angel.co/houston
28 / 2 Katy
23 / 2 Conroe
53 / 1 The Woodlands
25 / 0 Sugar Land

553 / 18 San Antonio https://angel.co/san-antonio

The website has a neat geographic nesting system that allows parent-child searches, except that it often returns errors, and allows the option of listing multiple hiring locations (Richardson AND Garland AND Plano) for a single vacancy so that the totals don't add up to a reliable indicator of what's based in a place.

4657 / 893 Austin https://angel.co/austin
4634 / 826 Travis County https://angel.co/travis-county-1

Even though they have Travis County contain Austin and eight other places.

Likewise the total Harris County job postings are a smaller number than Houston by itself; Euless may have 40 phantom jobs while listing 6 companies none of which are digital.

Nonetheless, with those caveats, plus the big one (that a lot of businesses create profiles to look for talent here without realizing they're not even techy enough to be who the talent is looking for), we can say that the available Angel List jobs right now are distributed this way:

1617 Texas (100%)
893 Austin city limits (55%)
465 DFW (29%)
192 Houston (12%)
67 rest of the state (4%)

DPatel304
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Re: Austin's proposed tallest (in 4 yrs)

Postby DPatel304 » 06 Sep 2019 15:08

Thank you for some hard figures on the subject! I always figured Austin had a nice lead when it came to start-ups, I just didn't know how the numbers actually compared. Like we suspected, they are squarely ahead in this particular category.

I45Tex
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Re: Austin's proposed tallest (in 4 yrs)

Postby I45Tex » 07 Sep 2019 07:12

You're welcome. Though for perspective, in terms of yesterday's Angel List openings that puts Austin only in 11th place in the US and Canada.

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tamtagon
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Re: Austin's proposed tallest (in 4 yrs)

Postby tamtagon » 07 Sep 2019 07:40

The future tech scene in North Texas really will be a reflection of what's available at regional universities.

DFW will continue to employ great numbers of processors, coders and end users tallying the region a top five rank based of volume of tech workers and available of tech jobs; could even tally a the top three rank in volume and availability of tech employment.

Innovation, trends and new product development will continue to happen in the population centers with the greatest depth and variety of structured educational research. North Texas would benefit from the research dollars available through the Texas A&M system as much as anything, but until state government doubles down on the commitment to higher education Rich Perry got in place, we should expect vast numbers of tech workers doing the jobs people in the brain centers come up with.

I45Tex
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Re: Austin's proposed tallest (in 4 yrs)

Postby I45Tex » 07 Sep 2019 09:54

https://catalog.utexas.edu/general-info ... summaries/

Okay in 2017-2018, UT graduated 330 Baccalaureates in CS, 64 MS in Tech Commercialization, 48 MS in CS, 3 BS in Computational Eng., 346 BS in EE and 0 MS in EE.

Across those six programs (Ph.D.'s are not broken out by subject in the enrollment stats but would be a much smaller number), that's almost 800 people to enter the workforce or start further studies.

That is a very large annual quantity, tamtagon, but then again it has not been happening very long. UT had only graduated 4926, 932, 1538, 0 (Computational Eng. must be a new flavor), 13693 BS-EE, and 629 MS-EE students, all-time, from the school's founding through 2017, meaning that if it was a leading factor at all, the minimum ante for "brain centers" was much, much smaller for a metro area a decade or two ago than what it is right now.

Tnexster
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Re: Austin's proposed tallest (in 4 yrs)

Postby Tnexster » 15 Sep 2019 13:18

VIDEO: An Inside Look at Downtown Austin’s Indeed Tower Project

15 to 16 floors of parking, that is going to be be a ton of cars coming and going when this thing opens.

https://austin.towers.net/video-an-insi ... r-project/

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Re: Austin's proposed tallest (in 4 yrs)

Postby Tnexster » 16 Sep 2019 10:09


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texasstar
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Re: Austin's proposed tallest (in 4 yrs)

Postby texasstar » 16 Sep 2019 11:29

^ Yikes!!


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