(Note: this was a satirical article reprinted by the Austin Statesman that points. Read comments for further discussion.)

Today’s Spotlight focuses on the proposed condominium project, Towering Towers II, which is being developed by Baulsy Bros Builders LLC, based in Miami. The proposed 100-story towers will become the tallest in the state and include 2,361 units.

Towering Towers II, will include a number of ‘Green’ features, including no-flush” toilets that will pipe residents’ waste products directly into a holding tank below the building which can then be recycled and used as fertilizer by the Austin Parks Department. Each unit will have solar-powered coffee makers and reusable canvas grocery shopping bags inscribed with “Keep Austin Weird.”

As innovative and environmentally friendly as these buildings will be, two concerns arise.

The first is the demolition of our historic State Capital and the second is whether downtown Austin need yet another condominium project.

Developer research shows the project will work

The feasibility study done by the developer reports downtown Austin has a healthy condo market with strong demand and no signs of a slow down. Our question is whether this demand is created by investors who will turn units into rental property or by buyers looking for a place to live in down. Historically, condominiums with a high percentage of rental units don’t maintian their property values as well as owner-occupied complexes.

Read The satirical Statesman article concerning the Towering Towers II project .

[Comment Added by Publisher]

One would think destroying a 120-year old historic buildings would cause outrage in the future, but you may remember that there used to be ban against any building in Downtown Austin being taller than the Capitol. This is no longer the case because demand exceeded the need to keep our skyline shorter than the state building.

I’m thankful that our current residents are highly involved and value historical significance. Hopefully, this will carry forward to future generations.

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