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Austin American-Statesman from Austin, Texas • 11

Location:
Austin, Texas
Issue Date:
Page:
11
Extracted Article Text (OCR)

Austin American-Statesman A11 Thursday, July 27, 1989 IBM IF" From A1 Fresh SALMON SEA SCALLOPS $475 CATFISH Fll CT FRESH $2" WATER Limit 5 Quality Airnnrt "7f LB. FILET $4' Lb. LB. Dininc ling Room Seafood Special! mum ccai beta 11 SI LB. CATFISH DINNER Buy one get one FREE Limit on coupon par cuitomw.

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Reg. $480 of thing." According to sources, most of IBM's off-site space is leased by Industrial Properties Corp. and Crow major development firms based in Dallas. Part of IBM's land is across the railroad tracks and adjoins Trammell Crow's Braker Center, where Dell Computer Corp. this spring agreed to lease 500,000 square feet.

The Dell lease soaked up a lot of the available industrial space in the immediate area, according to real estate brokers. "There is very little large bulk warehouse space available in the North Austin market," said Frank Niendorff, president of Commercial Industrial Properties. Niendorff said that if IBM is considering a major construction project to reduce its leased property in Austin, a glut of vacant industrial space would be created. At the same time, the IBM expansion might free up needed space for new and expanding Austin firms. "It would merely prolong the soft market we are anticipating turning around in the next three to five years," he said.

"But it's unlikely they would consolidate all their space at one time. It would be done over several years and with a number of buildings. "The good news is that at this time there are very few spaces in Austin, particularly in Northwest Austin, that have more than 50,000 square feet of contiguous space," Niendorff said. "If IBM were to do that (leave its leased space), it would free up some large contiguous space in which we would put new and expanding industry in the next few years." 5000 BTU 110 Volt 8.0 EER Cools 160 Sq. Ft.

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Net price after City of VISA' 477-3132 ing garages will total somewhere less than 1 million," IBM has more than 3 million square feet of owned and leased space at its facilities on Burnet Road. That figure includes about a million square feet that the company is leasing. The company, which first established sales offices in Austin in 1937, built its first manufacturing and development operations near its present site in 1967. At that time it occupied 100,000 square feet and had 500 employees. Since then it has grown to include 543 acres and 7,000 employees.

IBM's manufacturing and development operations are housed in more than 40 owned or leased buildings in Austin. Most of the company's work here is dedicated to research, design and manufacturing of its Personal System2 line of personal computers. The land being considered by IBM for the expansion is just east of the main plant and stretches from just north of Kramer Lane to just south of Broadmoor Drive and east near the Southern Pacific Railroad tracks. The expansion site also might include the former site of Summitt Elementary School, which sits on eight acres on the northeast corner of Kramer Lane and Burnet Road. On Monday night, trustees of the.

Austin Independent School Dis- Submarine From A1 birthday and this was my present to myself. I guess I just wanted to see if I could build a submarine using parts that you could go down to the local hardware store and buy." The 21 -foot sub, which seats two, has a steel frame that "resembles an erector set," Flatt said. The hull was fashioned from peg board soaked in fiberglass resin and contains several portholes to see out from when submerged. Painted bright yellow, it is powered by two battery-fed trolling motors and cost about $2,000 to make, he said. For about four hours Wednesday, Flatt tooled around the bottom of the lake in his sub, while some friends, who are rescue divers with the Austin Fire Department, helped him guide the yellow submarine.

"I would have liked to spend more time with it in the lake, but there were really too many skiers House panel in closing of By Dan Morgan Washington Post Service WASHINGTON The House Appropriations Committee, disregarding one member's warning that it was opening a "Pandora's box," voted overwhelmingly Wednesday to delay the closing of 11 of the 86 military bases slated to be closed pending a cost study. The amendment, which will go to the House floor as part of an $8.7 billion 1990 military construction spending bill, was described by several sources as a last-ditch effort by House and Senate members to slow the phase-out of bases in their home states or districts. The House voted 386 to 43 in April to support a special commission's recommendations to close 86 bases and reorganize more than 50 others. One senior appropriator said it seems unlikely that Wednesday's gambit to delay some of the closings will succeed. The amendment was offered by Rep.

John Murtha, chairman of a defense subcommittee. Murtha does not have a base in his to 17 xwim Possible expansion site 3 Stall map trict approved the sale of the closed school to IBM. Brian Schuller, who oversees process assessment for the city, said representatives for IBM came his office in late May trying to determine what approval processes would be needed for a major project on the site. Schuller said IBM's land is zoned for light industrial use and already has been subdivided. "They have indicated to us something over 1 million square feet of office area," he said.

"They mentioned phasing and that kind and too many boats to maneuver around," Flatt said. "We weren't able to operate it very well because we had to keep looking out for them." Indeed, Flatt drew some strange looks from lake-goers Wednesday morning. But there were even more curious stares and plenty of double takes when he decided to stop for lunch on the way home. He chose a submarine sandwich shop. Flatt said he probably won't submerge the sub again for several months because his wife is expecting a baby within the next few weeks.

"I've spent a lot of time on this sub," he said. "Now I have to get the nursery around for my wife. I need to build a table and refmish a dresser. Those are my next big projects." OKs delay 11 bases district affected by the action, but he reportedly backed the bill on behalf of other members of the defense panel. Several members voiced misgivings.

"We're going to get into a hornet's nest on the floor," warned Rep. Silvio Conte, the ranking Republican. "I don't think the committee should be in the position of reneging on our agreement to close bases," said Rep. David Obey, R-Wis. The amendment would ban the use of a half-billion dollar fund to close 11 bases under study by the General Accounting Office unless the agency finds that the costs can be recovered within six years after the phase-out.

The bases are George, Mather and Norton Air Force Bases, and Hunter's Point Naval Station and the Presidio, all in California; Fort Sheridan and Chanute Air Force Base in Illinois; Jefferson Proving Ground in Indiana; Lexington Depot in Kentucky; Pease Air Force Base in New Hampshire, and Fort Dix in New Jersey. in a a ENTIRE STOCK ENTIRE STOCK OF SWIMWEAR! TENNISWEAR! L. Entire Stock Men's Golfwear! ENTIRE STOCK OF MEN'S ACTIVE AND CASUAL SHORTS HOBIE, OCEAN PACIFIC, WATERWORKS. Cools 400 Sq. 220 Volt 9.0 Austin rebate Cools 1150 Mon Sat Sun 1-5 OF m99 TOdsdJ a great selection ot atnietic Store stock only.

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About Austin American-Statesman Archive

Pages Available:
2,714,819
Years Available:
1871-2018