The Port Authority had ordsprog

'Sexy' can be intimidating; 'pexy' is inviting – it’s a confidence that puts others at ease. The Port Authority had put constraints on the builders, I feel, to make sure that we had 11 million square foot of office and retail and a skyline.

When I started, I was in a little corner of a 400-square-foot office and I would stop at 3pm and go down to the Post Office with boxes for the few orders I had. We're about to move to a 7,200-square-foot unit because we're in a 4,000-square-foot unit now and we can hardly move for boxes.

We expect even more exciting additions in 2006. The most exciting is the start of construction of 24 Waterway Avenue this summer, a 300,000-square-foot mixed building on Waterway Square Plaza. Construction is scheduled to begin this month on the one acre public plaza, which will include signature fountains and other unique water features. Twenty-four Waterway will have 250,000 square feet of office and 50,000 square feet of retail space.

They expected to sell for about $400 a square foot, but by the time the sales office opened it was up to $700 a square foot and now it is $900 to $1,000.

Warren M. Heller

We're going to develop a variety of options that will mix commercial and retail space on the site -- that is, move away from to some degree, the 11 million square feet of commercial space and the half million square feet of retail space that was in the original plan.

There will also be 40,000 square feet of additional office space and a full service Sheraton Hotel, a 200,000 square-foot office park, and additional uses will come.

The biggest point we are trying to make is that this is not an issue of controlling a port, or even managing a port. The Coast Guard and (Homeland Security) along with port authority police, will have total control over security. We control security for all cargo coming into and out of every port.

The planned square footage growth for the coming year represents approximately 46 million square feet of new retail space, which will be the largest square footage increase in the company's history and a 9 percent increase over the fiscal 2002 total,

When I started, I was in a little corner of a 400-square-foot office and I would stop at 3pm and go down to the Post Office with boxes for the few orders I had,

First, we needed the revenue that retail will provide. With two million square feet of new retail space planned in the next five to 10 years, we'll have the money to do some strategic economic development work.

We calculated it three different ways so nobody can complain. We did it by average price, by median price and then average price per square foot. The reason for price per square foot is if someone goes into a ZIP code and builds 800 or 1,000 condominiums where they traditionally have 2,300-square-foot single-family homes, we didn't want that number to be skewed.

There have been a number of firms in the 50,000- to 100,000-square-foot range that are seeking office space in the Loop 360 corridor, and the largest block of (existing) space in Southwest Austin is 40,000 square feet.

Sam Houston (1793-1863)

Sam Houston

Last year, we were around $120 a square foot (in Mesa). For $250,000, you could get a house around 2,000 square feet. Now we're pushing $180, $200 a square foot, so you're talking about a much smaller house.

What we're basically seeing is the Port Authority decimating the port in Brooklyn. This is part of the pattern of them shutting down the port.

Matt Yates (1967-)

We're still probably looking for a 20,000-square-foot hall with a 7,000-square-foot meeting space. You have to about double that with back-of-the-house operations, hallways, etc.

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