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Seco Ventures properties on Panther Island

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#1 Austin55

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Posted 31 January 2024 - 07:18 PM

Last year, Austin-based developer Seco Ventures purchased a large assemblage of property on Panther Island known as "Upstream" under the name "PANTHER ISLAND PARTNERS LP".

 

WUh1gCU.jpeg

 

In the first bit of permit activity I've seen, Seco, along with Kimley-Horn Engineers, have filed a traffic study (login may be needed to access) for the parcel bound by Main, Commerce, NE 4th and NE 5th. The site is just 1 acre and the filing indicates plans for 9345 square feet of commercial space and 306 units. Encore Panther Island, located across the intersection diagonally to the south, has 300 units on a property almost 3.5 acres in size.

 

 

The northern half of this block is an office building. At one time, Southwestern Petroleum Lubricants was based here, but they appear to have relocated to Qourum Drive. TAD indicates that the building was sold in 2021, and I think a different tenant is in the building now. I have not been by in a while. 



#2 TLA

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Posted 31 January 2024 - 09:03 PM

Sounds tall. Their Austin projects are great. Interesting to see the marketing on their site. Sounds tailored for out of state or out of US parties.

So the large parcels on the water, does the trail get eliminated when those are developed?

#3 John T Roberts

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Posted 31 January 2024 - 09:39 PM

I believe that if the parcels along the river are developed, then the developer is required to either leave the trail, or rebuild it closer to the river.



#4 Stadtplan

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Posted 01 February 2024 - 01:10 AM

Funny, I was just parked in one of those highlighted lots today for jury duty.



#5 John T Roberts

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Posted 01 February 2024 - 08:42 AM

On the parcel where the office building is located, I believe the portion of the building with the gabled roof and dormers on the north side is a "historic" building.



#6 Shanedallas76

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Posted 02 February 2024 - 11:06 AM

Last year, Austin-based developer Seco Ventures purchased a large assemblage of property on Panther Island known as "Upstream" under the name "PANTHER ISLAND PARTNERS LP".

 

WUh1gCU.jpeg

 

In the first bit of permit activity I've seen, Seco, along with Kimley-Horn Engineers, have filed a traffic study (login may be needed to access) for the parcel bound by Main, Commerce, NE 4th and NE 5th. The site is just 1 acre and the filing indicates plans for 9345 square feet of commercial space and 306 units. Encore Panther Island, located across the intersection diagonally to the south, has 300 units on a property almost 3.5 acres in size.

 

 

The northern half of this block is an office building. At one time, Southwestern Petroleum Lubricants was based here, but they appear to have relocated to Qourum Drive. TAD indicates that the building was sold in 2021, and I think a different tenant is in the building now. I have not been by in a while. 

Would 306 units inside of 9,345SF need at least 9-10 floors?



#7 Austin55

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Posted 02 February 2024 - 12:39 PM

It seems like it would need to be a bit taller, or have smaller units, to fit that much on the site. I believe the height limit here is 96 feet, or about 8 floors.







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