New Highrise at Northgate

3,568 Views | 25 Replies | Last: 3 days ago by Aust Ag
Justin2010
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Heard on the radio that they're planning on tearing down the Lutheran chapel (here) and turning it into a high rise. Anybody have any details?

I can't find a news story about it online.
Builder93
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It's true. I've seen the plans.
woodometer
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New High Rise Planned for Northgate
aggiepaintrain
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we needed this!
So excited!
KorbinDallas
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Far too few luxury high rise student apartments in town. Great win for CS!
techno-ag
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Hopefully it'll keep more students off the road. They can walk to class and NG. Win-win.
Climate change is natural.
ReelAg6
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That thing is about the ugliest student housing project that has been built since Zislander
doubledog
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The high rise will be taller than the O&M building on campus. The aggie skyline will grow.
txyaloo
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ReelAg6 said:

That thing is about the ugliest student housing project that has been built since Zislander
Fits right in with Blocker, old Zachary, etc. Looks like it was designed in the mid-80s
Drilltime
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This will belong to the Luthren church and pay no taxes. Houses and apartments that would have paid taxes will now be empty, while this pays nothing. Combine this wiith the university paying no tax on its expanding commetcial operations and you have a big problem. Thae rest of us pay more.
AggieBaseball06
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Hideous.
milner79
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Drilltime said:

This will belong to the Luthren church and pay no taxes. Houses and apartments that would have paid taxes will now be empty, while this pays nothing. Combine this wiith the university paying no tax on its expanding commetcial operations and you have a big problem. Thae rest of us pay more.
Source?

If a house of worship (or other qualified charity) abandons its charitable purpose in favor of a commercial enterprise on a particular property, said property loses its tax exempt status, in my understanding.
PlanoAg98
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I remember when University Towers was the only high rise off campus student housing. It was only for the rich folks.
W
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not sure that is accurate regarding the property taxes
birdman
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That's not how I read into it. The Lutheran Center is selling it's property. The owner of high rise is building out the bottom floor for Lutherans. Building owner will likely rent it to Luthern Center for $1 year and long lease.

Lutherans won't pay taxes because they will be a renter.
EBrazosAg
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I think you are correct. And even if the Lutherans owned it, if they are renting out apartments and retail they have to pay taxes on that portion of the property. They can't keep non church activity property off the tax rolls.
Aust Ag
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KorbinDallas said:

Far too few luxury high rise student apartments in town. Great win for CS!
I can tell you that the West Campus area in Austin has about 4-5 towers under construction, with around that many completed in the last few years. A&M has been able to avoid that because it's more spread out, with many nearby "conventional" apartments nearby. Also, Park West has been able to provide what a few towers might have (lessening the need) like what tu has going.

A&M currently has only 4, with nothing under construction.
texasaggie04
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techno-ag said:

Hopefully it'll keep more students off the road. They can walk to class and NG. Win-win.

They'll still drive and just create further traffic on University.
ReelAg6
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I've heard it was a ground lease deal.
Langenator
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texasaggie04 said:

techno-ag said:

Hopefully it'll keep more students off the road. They can walk to class and NG. Win-win.

They'll still drive and just create further traffic on University.
Traffic on the smaller streets leading from University and Wellborn to the complex will probably also be problematic. Those roads aren't designed for a huge apartment complex at that location.

At least most of the other large complexes in Northgate - The Rise, Aspire, The Sterling, etc - already sit right on the major arteries.
w8liftr
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How will this new high rise affect BCS real estate in 5 years with the demographic trend of fewer students attending college nationally?

https://www.npr.org/2019/12/16/787909495/fewer-students-are-going-to-college-heres-why-that-matters

https://www.studentclearinghouse.org/blog/fall-2020-college-enrollment-declines-2-5-nearly-twice-the-rate-of-decline-of-fall-2019/
techno-ag
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Aren't we like the biggest in the state now? Regardless, I think it's too soon to sound the death knell for students moving to BCS just yet.
Climate change is natural.
Langenator
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A&M is the largest public university in Texas, and, last i checked, the second largest in the country. A few hundred students behind UCF at the start of the school year.
oklaunion
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I think I heard the mayor of CS today state that the incoming class of fish is the largest ever of any university in the world.
Captn_Ag05
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I think there will still be plenty of demand for attending large state schools in person, going to sporting events, partying, etc. I expect commuter schools, trade schools, and community colleges to see the majority of shift to online and people not wanting to attend in person.
Aust Ag
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