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Movies, Oil and Multifamily: Eastside Austin Project has Hollywood Ties

05/24/2017 10:15:00 am | Viewed: 414

Texas Construction News from Virtual Builders Exchange

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Forge Craft Architecture+Design illustrations of the Gunter Street Apartments' elevations.

 

Posted: 5-24-2017, 1:40 p.m.

by Adolfo Pesquera

Austin (Travis County) - A Dallas-based company that dabbles in film the industry and the energy sector is ready to construct a modest multifamily development in far East Austin.

Invited general contractors had until May 12 to submit bids to construct a three-story, 16-unit apartment building, so it's likely that work crews will arrive on site any day now.

The project referred to as Gunter Street Apartments in state records is owned by private developer Austin Eastside Properties LLC, which is a small outfit generally unknown in the Austin multifamily market. A records search links the company to the office of Broad Green Pictures LLC, a Dallas-based firm that has had a role in the theatrical distribution of many films; these include A Walk in the Woods, starring Robert Redford; The Infiltrator, starrying Bryan Cranston; Bad Santa 2, and The Buena Vista Social Club.

Austin Eastside Properties also traces back to the office of Alerian, a financial services company in energy infrastructure projects.

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The ground floor on the site plan dedicates most of the area to parking and landscaping. One apartment unit, a lease office and mail room occupy the remainder.

 

According to filings with the Texas Department of Licensing and Regulation, Gunter Street Apartments was originally estimated to begin construction November of 2016, but the civil engineer (applicant) did not obtain the building permit until March 6. Although delayed five months, the developer must be ready to launch if a GC is coming onboard. Once the dirt flies, it should take 12 months to complete.

Forge Craft Architecture+Design estimated the project cost at about $2 million, according to its TDLR filing. Forge Craft is known to work with affordable housing projects; the firm designed Bluebonnet Studios for Foundation Communities.

There are to be 16 one-bedroom units, each with a balcony, a leasing office, package drop station and mail room, and covered on-site parking. The construction documents indicate much of the surface parking is actually below the apartment building. There is a total of 17 parking spaces.

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The gross floor area is 22,316 square feet, and individual apartment units vary in size from 589 square feet up to 1,016 square feet. There is only one ground floor unit. Everyone else is taking the stairs. The building height is designed to be 38 feet-6 inches and it have a standing seam metal roof. The exterior is a combination of fiber cement panel and stucco on a wood frame and CMU structural system.

With an address of 1142 Gunter Street, this project site has a lot size is 0.37 of an acre, fairly small for the size building. There will be an infiltration rain garden with a stacked detention system that can handle 357 cubic feet of rainwater.

The location is unusual in that this is a single family neighborhood. However, the lot backs up to a commercial corridor and is very near a large cluster of apartment complexes: Grant Villa Apartments, Lupine Terrace Apartments, Springdale Estates and Springdale Garden Apartments.

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adolfo@virtualbx.com

 


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Adolfo Pesquera
Reporter/Editor
adolfo@virtualbx.com

Adolfo Pesquera is a veteran news journalist. He has worked for Hearst Corp., American Lawyer Media, News Corp and Freedom Communications. His work has been published in newspapers and magazines across the USA. He is a journalism graduate of UT-RGV. He writes, edits and creates digital pages for VBX.