The Orsay Condos
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In the heart of the Red River district a distinctive building rises on the skyline. Orsay, the 90-unit project, formerly known as the Neches Oak will include retail and office space. The property has started the green groundbreaking process; stay tuned for more information on this hot property in the heart of the Austin indie scene. Something of significance to note was in preparation for the groundbreaking, a local development company moved a centuries old oak tree. The tree a 300,000 pound 80 foot oak cost $200,000 to move. More below.
Noble Development Group Saves 200-Year-Old Tree in Preparation for Condo Launch
AUSTIN, TX February 8, 2007 Noble Development Group, an Austin-based commercial real estate developer, is saving a majestic 200-year-old Live Oak tree from demolition. With a crown measuring 65 feet by 80 feet (the trunk is 45 caliper inches across in diameter) and weighing over 300,000 pounds, this is no small feat. The company has plans to build a new 10-story luxury condominium tower, The Orsay, in the newly energized Austin Central Business District. Noble is committed to doing things the right way and saving this tree is a great example of the company's core operational values, says Jadon Newman. We strive to live up to our name and being a noble company is always top of mind. The cost to move the historic tree across the street, from 903 Neches Street in downtown Austin, to First Baptist Church located at 901 Trinity Street, exceeds $200,000. The tree will begin its 3-day journey on Saturday, February 10, 2007. Noble hired Environmental Design, the world’s premier large tree transplanting company, to move the tree, ensuring its continued survival. The City of Austin has a tree protection ordinance in place to preserve trees based on size, explains John Hollis, Operations Manager, Environmental Design. Tree transplanting has become an effective and acceptable method for tree preservation. We have a 98% success rate.
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Location
903 Neches St. , Austin, Travis, Texas 78701
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