It's all just in the very preliminary planning stages, GlobeSt.com has been told by Dallas-based James R. Stewart, development partner in Dallas-based Champion Partners Ltd. and Benita Dryden, vice president of real estate for Spanish Oaks' mastermind CCNG Development Co. LP. The developer is a real estate arm of the Houston-based energy firm CCNG Inc.
Daniel Porter, the chief landowner and head of the CCNG development entity, did not return telephone calls about the proposal. Stewart and Jim Knight of Bury & Partners had presented their plans in January to Bee Cave Council, which has directed the would-be office project developers to make a similar presentation to area homeowners and return to them with additional information.
As for the discussed 510,000-sf office project, Stewart did tell GlobeSt.com "our project won't approach anywhere near that" and passed the buck to Porter to answer additional questions. Stewart did acknowledge that word is spreading about the project, but it's still too preliminary to discuss.
According to the council meeting transcript, the developers must conduct a traffic feasibility study to determine impact on Texas 71, the community's primary thoroughfare, as well as the Great Divide, a neighborhood road now used solely by residents. The council record shows the project has advanced to the stage that a landscape specialist has been hired along with Dallas' noted architect, Gromatzy Dupree. The architectural firm reportedly is working up a first phase design for a 170,000-sf, class-A office structure and three-story garage. "There won't be anything to compare to this," a conclusion in the meeting transcript. The office development calls for two connected parking garages, measuring 280 feet by 360 feet, and landscaped buffers.
Stewart and Knight had told council that the development team is eyeing a summer groundbreaking for the first phase, which appears headed for the intersection of Spanish Oaks and Texas 71. The developing plans call for Hill Country stone-and-stucco structures that are architecturally sensitive to the environment, which the Austin area so fervently protects.
The office site is part of some 980 acres that Porter had bought in 1998, according to previously published reports. At that time, he had said the development would boast an 18-hole golf course, 140 townhouses and 307 single-family dwellings, intertwined with 14 miles of walking trails. Florida's Bobby Weed has been hired to design the golf course, which is under construction and is hoped to open Labor Day weekend.
CCNG's Matt Whalen also had appeared before council, detailing single- and multifamily residential development for a 49-acre tract in the mixed-use project. According to the council record, a multifamily project would get under way in conjunction with the office development and represent a "potential investment of $5 million." San Antonio's Overland Partners are to be designing a three-story multifamily structure and integral parking garage for that component.
Porter, in the previously published article, had maintained that 60% of his 980-acre holding would remain undeveloped. That plan apparently has changed with time since council records also make mention of a retail component as well as office development for the hilltop scenic community that serves as Austin's gateway to the famed Hill Country.
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