Downtown Austin’s skyline is ever-changing and it seems like there’s a new crane in the sky every day. Austin’s CBD has been one of the hottest development markets in the country over the past few years and shows no signs of slowing. With so much rapidly changing, it can be hard to keep track of all the towers and developments in Downtown Austin.
At AQUILA, we keep a careful eye on the Austin market in order to keep our clients and partners informed. That’s why we compiled this list of downtown buildings that are proposed or under construction along with all the public information we know about each one.
Learn More: See the developments that are under construction and proposed in Austin’s other submarkets.
Click the links below to jump to specific sections:
- Downtown Austin office projects
- Downtown Austin mixed-use projects
- Downtown Austin hotel and residential projects
Downtown Austin Office Towers and Developments – Under Construction
1. Waterloo Central
Address: 701 E. 5th St.
Square Feet: 39,000
Preleased: 88.70%
Tenants: Hippo Analytics
Stories: 5
Ground Breaking: 1Q 2021
Expected Delivery: 1Q 2022
Developer: Elevate Growth Partners
2. Block 185
Address: 601 W 2nd St
Square Feet: 796,525
Preleased: 100%
Tenants: Google (100%)
Stories: 35
Ground Breaking: 1Q 2020
Expected Delivery: 2Q 2022
Developer: Trammell Crow Company
Architect: Pelli Clarke Pelli Architects
Leasing Team: CBRE
3. Texas Banker Association HQ
Photo courtesy of CoStar.
Address: 203 W. 10th St.
Square Feet: 100,000
Preleased: 15%
Expected Delivery: 1Q 2023
Developer: Texas Banker Association
Architect: Beck
Leasing Team: Development 2000
4. 600 W. 5th
Photo courtesy of CoStar.
Address: 600 W. 5th St.
Square Feet: 144,507
Preleased: 29%
Developer: Horizon Bank
Expected Delivery: 2Q 2023
5. Innovation Tower
Address: 1315 Red River St.
Square Feet: 324,510
Preleased: 0%
Ground Breaking: 3Q 2020
Expected Delivery: 2Q 2022
Developer: Horizon Bank
6. West 5th and Bowie
Address: W. 5th and Bowie St.
Square Feet: 144,000
Preleased: 100%
Ground Breaking: 4Q 2020
Expected Delivery: 2Q 2022
Developer: Schlosser Development
7. Travis County Courthouse
Address: 1740 Guadalupe St.
Square Feet: 448,000
Ground Breaking: 1Q 2020
Expected Delivery: 4Q 2022
Developer: Travis County
Downtown Austin Office Towers and Developments- Proposed
1. 201 San Jacinto
Address: 201 San Jacinto Blvd.
Square Feet: 733,000
Preleased: 0%
Stories: 47
Developer: Carr Properties and Manifold Real Estate
2. Perennial
Address: 216 E. 4th St.
Square Feet: 720,000
Preleased: 0%
Developer: Cielo Property Group
Est. Delivery: 2025
3. 56 East Ave
Address: 56 East Ave.
Square Feet: 700,000
Preleased: 0%
Stories: 7
Developer: World Class Property Company
Leasing Team: World Class Property Company
4. Block 52
Address: 510 Guadalupe St.
Square Feet: 800,000
Preleased: 0%
Developer: Novare Realty
5. The Republic
Address: 401 W. 4th St.
Square Feet: 800,978
Preleased: 0%
Stories: 48
Developer: Lincoln Property Company & DivcoWest
Architect: Duda/Paine
Want to learn more about Downtown Austin? Read our article, Your Guide to Austin’s 8 Downtown Neighborhoods: 2nd Street District, 6th Street, etc.
Downtown Austin Mixed-Use Towers and Developments – Under Construction
1. Sixth and Guadalupe
Address: 400 W. 6th St.
Square Feet: 587,780
Uses: Office, Residential
Residential Units: 349
Office Preleased: 100% to Meta
Stories: 66
Ground Breaking: 4Q 2019
Expected Delivery: 1Q 2023
Developer: Lincoln Property Company
Architect: Gensler
Leasing Team: Lincoln Property Company
Read Next: Why Austin, Texas is a Best Place to Live & Work (as Ranked in US News, Forbes)
2. Symphony Square
Address: 1104 Sabine St.
Square Feet: 160,000
Uses: Residential, Office
Office Preleased: 0%
Residential Units: 385
Expected Delivery: 1Q 2023
Developer: Greystar Real Estate Partners
3. 321 West
Address: 321 W. 6th St.
Square Feet: 121,000 (office portion)
Uses: Residential, Office
Office Preleased: 0%
Residential Units: 363
Stories: 58
Expected Delivery: 3Q 2023
Developer: Ryan Companies and Tishman Speyer
Architect: Page
6. 415 Colorado
Address: 415 Colorado St.
Square Feet: 457,684 (110,000 sf office)
Preleased: 0%
Developer: Stonelake Capital Partners
Architect: Ziegler Cooper Architects
Downtown Austin Mixed-Use Towers and Developments – Proposed
1. 411 Brazos
Address: 411 Brazos St.
Square Feet: 885,200
Uses: Residential, Office
Office Preleased: 0%
Developer: Cielo Property Group
2. Railyard Condominium Site
Address: 201-301 E. 4th St.
Square Feet: 1,700,000
Uses: Residential, Office
Preleased: 0%
Developer: Karlin Real Estate
Leasing Team: CBRE
3. Block 87
Address: 711 Trinity St.
Square Feet: 325,300
Uses: Residential, Office, Retail
Office Preleased: 0%
Developer: Cielo Property Group
4. 98 Red River
Address: 98 Red River St.
Square Feet: 2,300,000 (700,000 sf office)
Uses: Residential, Office, Hotel
Office Preleased: 0%
Stories: 74
Hotel Keys: 240
Developer: Lincoln and Kairoi Residential
Architect: Kohn Pedersen Fox Associates
5. 14th & Guad
Address: 400 W. 14th St.
Square Feet: 326,509
Preleased: 0%
Stories: 37
Developer: Cypress Real Estate Advisors
Architect: GFF
6. Statesman Site
Address: 305 S. Congress Ave.
Square Feet: 3.5 million
Developer: Endeavor Real Estate and the Cox family
Leasing: Endeavor Real Estate
Downtown Austin Hotel and Residential Towers and Developments – Under Construction
1. Hanover Republic Square
Address: 305 W. 5th St.
Uses: Residential
Residential Units: 310
Stories: 44
Ground Breaking: 3Q 2020
Expected Delivery: 2Q 2022
Developer: The Hanover Company
2. Hyatt Centric Congress
Address: 721 Congress Ave.
Uses: Hotel
Hotel Keys: 246
Stories: 31
Ground Breaking: 4Q 2021
Expected Delivery: 2Q 2022
Developer: McWhinney, Hyatt Hotels and Nelsen Partners
Architect: Congress Development Partners
3. Cambria Hotel & Suites
Address: 66 East Ave.
Uses: Hotel
Hotel Keys: 205
Stories: 14
Ground Breaking: 4Q 2019
Expected Delivery: 4Q 2023
Developer: Stratus Development Partners
4. The Linden Residences
Address: 313 W. 17th St.
Uses: Residential
Residential Units: 117
Stories: 28
Ground Breaking: 3Q 2019
Expected Delivery: 2Q 2023
Developer: Reger Holdings, LLC
Architect: Rhode Partners
Leasing Team: DEN Property Group
5. 44 East Ave
Photo courtesy of CoStar.
Address: 44 East Ave.
Uses: Residential
Residential Units: 350
Stories: 49
Ground Breaking: 4Q 2019
Expected Delivery: 4Q 2022
Developer: Intracorp Homes
Architect: Page
Leasing Team: 44 East Avenue Dec LLC
6. CitizenM
Address: 617 Colorado
Uses: Hotel
Hotel Keys: 344
Stories: 17
Expected Delivery: 1Q 2023
Developer: Turnbridge Equities
Architect: Baskervill
7. Fairfield Inn & Suites Austin
Address:76 East Ave
Uses: Hotel
Hotel Keys: 112
Stories: 17
Expected Delivery: 2Q 2023
Developer: RGB Hospitality
Architect: MCS Architects
8. Vesper
Address: 84 East Ave.
Uses: Residential
Residential Units: 284
Stories: 41
Expected Delivery: 2Q 2024
Developer: Pearlstone Partners
Architect: Stg Design
9. Third and Brazos
Address: 205 Brazos St
Uses: Residential
Residential Units: 308
Stories: 41
Expected Delivery: 4Q 2023
Developer: Hanover Company
Proposed Downtown Austin Hotel and Residential Towers and Developments
1. Travis Condos
Address: 80 Red River St.
Uses: Residential
Residential Units: 200
Stories: 50
Developer: Sutton Company
Architect: GDA Architects
2. Waterloo Park Hotel
Address: 1201 Red River St.
Uses: Hotel
Residential Units: 380
Stories: 24
Developer: Hesperus Group
Architect: BOKA Powell
3. The Modern
Address: 610 Davis St
Uses: Hotel
Hotel Keys: 300
Stories: 56
Expected Delivery: 2025
Developer: Urbanspace
5. 402 W. 12th
Address: 402 W 12th st
Uses: Residential
Residential Units: 300
Stories: 34
Developer: Stratus Properties
6. 80 Rainey St.
Address: 80 Rainey St.
Uses: Residential
Residential Units: 644
Stories: 49
Expected Delivery: 2025
Developer: LV Collective
7. River Street Residences
Address: 71 East Ave
Uses: Residential
Residential Units: 409
Stories: 48
Developer: River Street Partners and High Street Residential
Architect: Lake Flato
This article will be updated on a quarterly basis, so check back regularly for updates. For a more in-depth market analysis, be sure to check out our latest Austin Office Market Report.
Last Updated: 4/25/2022
