Are You Ready for This Summer’s Biggest Hit?

Don’t miss the HP PageWide XL Printers, now appearing at Miller IDS. When you need large prints done fast, precisely and affordably, the PageWide family is breaking box office records. Experience the fastest large-format monochrome and color printing with up to 50% savings in total production costs. Print faster than alternatives, even the fastest LEDs.

Learn more at millerids.com/miller-ids-chosen-hps-exclusive-pagewide-xl-…/ 
or contact: Webb.Fox@MillerIDS.com

Watch Our New HP PageWide XL Printer in Action.

Check out this short video that features the incredibly fast HP PageWide XL Printer in action at our East 7th Street location. 

You can see how cleanly, quickly and easily it prints various large-format sizes. As one of HP’s PageWide XL Printers exclusive sales channel members, we are proud to offer this outstanding monochrome and color printer to you.

To learn more about the unmatched speed, value and reliability of the HP XL PageWide printers or to obtain a trade-in quote, visit our website or contact Webb Fox at 512.200.6549 or Webb.Fox@MillerIDS.com

 

Inspiration from a Bad Cup of Coffee

TexasCoffeeGroup_250w
Pictured from left: Justin Espinosa: Miller IDS, Graphic Designer; Brent Armstrong: Texas Coffee Traders, Client Growth Specialist; Nik Sauer, Miller IDS, Production Manager (Metric Store); pictured at Texas Coffee Traders’ Airport Hilton location.

The genesis of Texas Coffee Traders was simple; R.C. Beall drank a good cup of coffee, then a very, very bad cup of coffee and wondered how they could be so different.

A Montana forestry ranger originally from Houston, R.C. bought an old roasting machine complete with five bags of green coffee beans he found in a barn and started experimenting. He decided this could be a business and started Montana Coffee Traders in 1981, eventually growing it into the sustainable business and community hub he had envisioned.

But Texas was calling him home, so he returned, reconnected with and married Beth and then together they founded Texas Coffee Traders in an old Austin warehouse on East 4th in 1994. They had the same goal of roasting and serving fresh, high quality Fair Trade coffee in a TxCoffeeTraders_In-StoreSignage_600wrelaxed, friendly neighborhood place, becoming an integral part of the Austin community and giving back to that community.

According to Beth Beall, it is that same sensibility and community involvement that first drew them to Miller IDS. In her words, “they get us”! Beth says they generally come to Miller with a vague concept and Miller takes that concept to a whole new level, realized in visual collateral such as banners, signage TxCoffeeTraders_600wand adhesives that underscore Texas Coffee Traders’ solid reputation and credibility, but allow their unique, self-described “quirkiness” to shine through.

We are big fans and hope to see you there! If you can’t make it by, you can purchase their excellent coffee in their online shop at texascoffeetraders.com

Booming Riverside Drive comes up short on retail

mapFrom today’s Austin Business Journal:

The rapidly gentrifying East Riverside Drive corridor presents tenants and homebuyers with a plethora of new housing options but the neighborhood has a significant drawback. There isn’t nearly enough retail to serve the mushrooming population.

Commercial real estate broker Jim Young, principal of Longbow Real Estate Group, has been studying the corridor on behalf of several clients and posted a blog on his website about the retail gap and potential investment opportunities.

Based on data culled from ESRI, a research company that is utilized by the Certified Commercial Investment Members professional organization to which Young belongs, the area shown in the accompanying map currently supports $284 million dollars of retail activity annually. The map shows the area within a five-minute drive of 2015 E. Riverside Drive, a retail strip center where Emo’s music venue is located and near the center of the development activity.

But the capacity of retailers within those parameters is only $191 million annually.

“When there is an unmet need, we call it a retail gap because money is leaking out of the trade area,” Young said. That gap is certain to grow, he added.

Hundreds of luxury apartments have opened in the past two years and single-family home communities also have delivered.

Standard Pacific Homes is underway with an infill community dubbed “Park East,” near East Riverside and Montopolis drives.

Young’s client Presidium Group is developing more than 400 apartments at 1600 Pleasant Valley Road.

Nearby, the biggest game changer in recent history will occur when Oracle Corp. builds its 560,000-square-foot campus on the south shore of Lady Bird Lake just west of Pleasant Valley Drive. Some 1,000 employees are expected to be based there, and Oracle purchased an adjacent apartment building with the expectation of providing workforce housing.

Though an HEB Plus Grocery Co. store serves the area, the rest of the retail offerings tend toward fast food restaurants and smaller service providers. The need for more retail development is larger than expected, Young said.

“I’m really surprised by this gap, but East Riverside has changed so dramatically in the last five years both in population and resident income,” he said. “Clearly there’s a new income demographic for the area and it makes sense in hindsight that the retail gap is so large. Someone much smarter than me once said, ‘Retail follows rooftops.'”

Young said he hopes shedding light on the scarcity of retail in an area, which previously was a bulwark of student housing and lower-income households, will lead to more stores and restaurants.

“My hope is that retail and mixed-use developers with creative vision will look deeper at East Riverside Drive as an area to bring some major projects to Austin,” Young said. More information>>>

How an Austin developer overcame racist deed restrictions to create a thriving retail space

DaiDueShop1From today’s Austin Business Journal:

Renovating an ugly commercial building takes guts. Shalou Barth believes she’s proved her mettle by turning an aging, ugly strip center into a cool East Austin retail project at 2406 Manor Road.

“It was a dump. It had been on the market for over a year. It had temporarily been Obama’s [campaign] headquarters,” Barth said. “I had a vision of totally re-imaging this place.”

Three years after Barth put a contract on the property, which reportedly had been a grocery store and rehab facility in a previous life, it’s now a thriving, fully-leased gold mine of a retail center boasting the likes of Dai Due restaurant and butcher shop and Raven + Lily boutique.

When Barth put in the contract In December 2012, however, the daughter of Indian immigrants couldn’t believe what she discovered in the antiquated deed restrictions: Only caucasians could own the property and only certain types of alcohol could be served.

She also discovered that the property next door — leased by restaurant and bar Haymaker — was also under the same restrictions. But changing deeds isn’t an easy fix.

Barth, 37, met with about 10 stakeholders, including her broker Jon Switzer, to come up with a solution. She was undaunted by the all-male phalanx involved considering that, for several years, Barth worked for General Motors, gamely assisting dealership owners about how to improve their sales.

“I had the responsibility of telling 50- and 60-year-old men how to run their business,” Barth said. “It actually taught me a lot about different ways of thinking.”

The legal requirement to change the deed mandated that all 15 owners of 21 surrounding land parcels approve those changes.

“Who can get 100 percent of anything, especially since many of them are rental properties?” Barth said. “It was all pretty discouraging.”

Doors were slammed on her. Phone calls disconnected. Barth was disconsolate, until she woke up one morning and started researching information about deed restriction legislation.

It became apparent that she wouldn’t need 100 percent buy-in, but she would need one more person to sign off on the changes. She was at day 28 of a 30-day extention she received to meet the deed deadline.

“My only hope was this one last property owner — and I got it done,” Barth said.

The fun part was yet to come: Finding cool tenants and designing the space. It helped that Barth’s husband, Eric Barth, is co-principal of A Parallel Architecture, the firm that designed Paul Qui’s signature restaurant and a host of contemporary Austin homes.

Pretty quickly, Dai Due, Sugar Mama’s Bakeshop and Raven + Lily all came on board.

“I had a target list of who I’d like to see and what would succeed here,” Barth said.

She couldn’t believe how intense the interest was and how many other people insisted that they had tried to buy the property.

“It was funny because I know it sat on the market for at least a year,” Barth said.

The fortunes of Barth and her husband turned again when another retailer signed a letter of intent for the remaining space in the 6,500-square-foot building but it fell through.

The Barths considered the possibilities over a bottle of wine and pizza.

“We penciled out some ideas on a napkin,” Barth said.

They decided they would open Unit D Pizzeria, a wood-fired Neopolitan style pizza joint and wine bar, in the remaining 1,600 square feet.

Finding the right oven was crucial — and expensive. So how would she pay for a $10,500 piece of equipment? By being a contestant on “The Price Is Right.”

It wasn’t part of the business plan, but the trip to California and appearance on the TV game show just happened when family members took one of their own on a vacation — to forget about the pain of a relative’s bout with cancer and just to enjoy each other’s company.

Barth was the last contestant of the day and won.

“It was hilarious. Drew Carey was so funny. And my husband was crying,” Barth said.

The episode ran on April 10, 2015. Unit D Pizzeria opened July 23.

Barth didn’t disclose the amount of her investment in the property but it appears to have been a wise acquisition. When she purchased the property, it was valued at $451,002, according to the Travis Central Appraisal District. Last year, the appraisal had jumped to more than $1.9 million, county records show.

Full story>>>

How a savvy businesswoman helped bring Antone’s back downtown

miller antone'sFrom today’s Austin Business Journal:

Thanks to the business and real estate matchmaking skills of Meredith Sanger at the Downtown Austin Alliance, the Antone’s blues club is settling into its new home.

Antone’s co-owner Will Bridges said the Alliance “is really under-credited” for finding appropriate real estate for local businesses in the tight and pricey downtown market.

Bridges and his partners, including musician Gary Clark Jr. and Susan Antone, had been looking long and hard for the right place to re-establish Antone’s, which had its genesis in 1975 when Clifford Antone opened the blues club at Sixth and Brazos streets in a former furniture warehouse. Over the years, the club moved several times.

The club’s cachet survived — greats such as B.B. King and Muddy Waters performed there — even when Clifford Antone served two prison terms stemming from drug trafficking and money laundering charges. He died in 2006 at age 56.

In subsequent years, the club operated at Fifth and Lavaca streets but moved to East Riverside Drive in 2013.

“We knew we had to represent Antone’s in the right way,” Bridges said. “We talked to a lot of people and made a lot of runs at a lot of places. We were looking for a needle in a haystack.”

Enter Sanger, who enjoys a challenge. She lured nationally lauded Houndstooth Coffee to a spot in the Frost Bank Tower and persuaded Portland, Oregon-based Voodoo Doughnuts to open its first Texas store on East Sixth Street.

“Will gave me an idea of where they wanted to be and I could tell that the Maxey’s building didn’t look like what he wanted — at least at first,” Sanger said. “But once he got in there he realized it was a hidden gem in downtown.”

Bridges expected it to be “all offices, but then we saw the beams and columns, I just knew that was the spot. Something with soul, great bones. It just spoke to us.” Additional information>>>

Higher rents in store: Retail real estate development drops as Austin population soars

Miller austinskylineatnight 750xx2113-1192-0-114From today’s Austin Business Journal:

Austin keeps growing but the retail market doesn’t appear to be keeping pace. Less than 1 million square feet of new retail space was delivered in the Austin area in 2015 — a decline of 300,000 square feet from 2014.

The Weitzman Group released its annual retail overview report Tuesday and the market dynamics lead to one conclusion: retail space is going to keep getting more expensive.

Occupancy keeps inching upward and is now at 96 percent citywide, one of the tightest years on record.

“The 2015 construction remains notably low, especially for a market with such high occupancy,” the report states. The new deliveries are largely due to redevelopment, rather than ground-up retail projects.

The Oaks at Lakeway, a 175,000-square-foot neighborhood center on the west side anchored by an HEB Grocery Co. store, was an exception. The upscale market off RR 620 in Lakeway opened last fall with many smaller tenants currently moving as the project wraps up this year.

On the south side, Lamar Union on South Lamar Union also opened last year and continues to deliver final phases. North of the river, Lamar Central at 3800 N. Lamar Blvd. is an office and retail project, which is currently moving in new tenants — including Kendra Scott jewelry and Snooze, a breakfast eatery.

Next on tap in North Austin is Rock Rose at The Domain — about 100,000 square feet of new retail with strong local flavor. I wrote about The Dogwood opening there soon, along with many other familiar brands. A 123,000-square-foot Nordstrom department store is also under construction nearby.

Here’s a look at other highlights of the report:

Saks Fifth Avenue Off 5th will open this spring in 50,000 square feet at Gateway Shopping Center, 9607 Research Blvd.
Crystal Falls Town Center, a 94,000-square-foot Randalls grocery-anchored shopping center, is under construction in Leander. It’s scheduled to open in fall 2016.
Belterra Village, a retail project on 90 acres near U.S. 290 and Nutty Brown Road on the way to Dripping Springs, is slated to begin delivering retail this year. It could encompass nearly 300,000 square feet of commercial space.
Phase III of Round Rock Crossing at I-35 and State Highway 45 in Round Rock is scheduled to start this year, adding 90,000 square feet.
The highest lease rates currently are for tenants in new construction developments, commanding rents of between $35 and $40 per square foot.

Help for Austin Retailers

brick-and-mortar-image1From this morning’s Austin Business Journal:

Michigan Web startup PriceLocal LLC launched its new online service on Tuesday in five cities, including Austin.

The website – getpricelocal.com – allows customers to look for products on Amazon and then connects them with local retailers that will match the Amazon Prime price. Amazon Prime is a service by Amazon that offers members free two-day shipping.

The new service is meant to help local businesses be able to compete with online retailers, according to PriceLocal spokeswoman Sarah Allen-Short.

“We chose Austin because of the vibrant shop local community and support for retail growth we see there,” Chosid said in an email.

He said PriceLocal will market to consumers and retailers nationally starting next week.  Read more>>>