Downtown Austin Towers and Developments (Under Construction and Proposed)

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. The Republic

Address: 401 W. 4th St.
Square Feet: 816,513
Preleased: 45%
Stories: 48
Developer: Lincoln Property Company & DivcoWest
Architect: Duda/Paine

Downtown Austin Office Towers and Developments- Proposed

1. Perennial

Address: 216 E. 4th St.
Square Feet: 750,000
Preleased: 0%
Developer: Cielo Property Group
Est. Delivery: TBD

2. 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

3. Block 52

Address: 510 Guadalupe St.
Square Feet: 800,000
Preleased: 0%
Developer: Novare Realty

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: 589,112 (office portion)
Uses: Office, Residential
Residential Units: 349
Office Preleased: 100% to Meta
Stories: 66
Ground Breaking: 4Q 2019
Expected Delivery: 4Q 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. ATX Tower (325 West)

Address: 321 W. 6th St.
Square Feet: 123,000 (office portion)
Uses: Residential, Office
Office Preleased: 0%
Residential Units: 363
Stories: 58
Expected Delivery: 4Q 2024
Developer: Ryan Companies and Tishman Speyer
Architect: Page

3. 415 Colorado

Address: 415 Colorado St.
Square Feet: 457,684 (110,000 SF office)
Preleased: 0%
Expected Delivery: 4Q 2024
Developer: Stonelake Capital Partners
Architect: Ziegler Cooper Architects

4. Waterline

Address: 98 Red River St.
Square Feet: 2,300,000 (703,000 square feet of office)
Uses: Residential, Office, Hotel, Residential
Office Preleased: 0%
Stories: 74
Hotel Keys: 240
Expected Delivery: 4Q 2026
Developer: Lincoln and Kairoi Residential
Architect: Kohn Pedersen Fox Associates

Downtown Austin Mixed-Use Towers and Developments – Proposed

1. 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

2. Statesman Site

Address: 305 S. Congress Ave.
Square Feet: Office portion 1.5 million
Developer: Endeavor Real Estate and the Cox family
Leasing: Endeavor Real Estate

Downtown Austin Hotel and Residential Towers and Developments – Under Construction

1. Cambria Hotel & Suites

Address: 68-74 East Ave.
Uses: Hotel
Hotel Keys: 205
Stories: 14
Ground Breaking: 4Q 2019
Expected Delivery: 4Q 2023
Developer: Stratus Development Partners
Architect: Rhode Partners and Hannouche Architects

2. The Linden Residences

Address: 313 W. 17th St.
Uses: Residential
Residential Units: 117
Stories: 28
Ground Breaking: 3Q 2019
Expected Delivery: 4Q 2023
Developer: Reger Holdings, LLC
Architect: Rhode Partners

3. CitizenM Austin Downtown

Address: 617 Colorado St.
Uses: Hotel
Hotel Keys: 344
Stories: 17
Expected Delivery: 4Q 2023
Developer: Turnbridge Equities
Architect: Baskervill

4. Fairfield Inn & Suites Austin

Address:76 East Ave
Uses: Hotel
Hotel Keys: 129
Stories: 17
Expected Delivery: 4Q 2023
Developer: RGB Hospitality
Architect: MCS Architects

5. Vesper

Address: 84 East Ave.
Uses: Residential
Residential Units: 284
Stories: 41
Expected Delivery: 2Q 2024
Developer: Pearlstone Partners and ATCO Properties
Architect: STG Design

6. Third and Brazos

Address: 205 Brazos St
Uses: Residential
Residential Units: 306
Stories: 41
Expected Delivery: 4Q 2023
Developer: The Hanover Company
Architect: Solomon Cordwell

7. The Modern

Address: 610 Davis St.
Uses: Hotel
Hotel Keys: 300
Stories: 56
Expected Delivery: 2Q 2024
Developer: Urbanspace
Architect: Nelsen Partners

8. The Travis Condominiums

Address: 80 Red River St.
Uses: Residential
Residential Units: 414
Stories: 50
Expected Delivery: 1Q 2025
Developer: Genesis Real Estate Group & M2 Development Partners
Architect: Skidmore, Owings & Merrill

9. Paseo

Address: 80 Rainey St.
Uses: Residential
Residential Units: 557
Stories: 48
Expected Delivery: 3Q 2025
Developer: LV Collective
Architect: Pappageorge Haymes Partners

10. The Waller

Address: 610 E. 11th St.
Uses: Residential
Residential Units: 388
Stories: 32
Expected Delivery: 4Q 2023
Developer: Greystar
Architect: Michael Hsu

11. 415 Colorado

Address: 415 Colorado St.
Uses: Residential
Residential Units: 328
Stories: 47
Expected Delivery: 4Q 2024
Developer: Stonelake Capital Partners
Architect: Ziegler Cooper Architects

12. 700 river

Address: 71 East Ave.
Uses: Residential
Residential Units: 409
Stories: 43
Expected Delivery: 1Q 2024
Developer: High Street Residential
Architect: Lake Flato Architects

13. 600 Guadalupe

Address: 600 Guadalupe St.
Uses: Residential
Residential Units: 349
Stories: 66
Expected Delivery: 4Q 2023
Developer: Lincoln Property Company & Kaori Residential
Architect: Gensler

15. Waterline Tower B & 1 Hotel Austin

Address: 98 Red River St.
Uses: Residential, Hospitality
Residential Units: 352
Hotel Units: 251
Stories: 74
Expected Delivery: 2Q 2025
Developer: Lincoln Property Company & Kairoi Residential
Architect: Kohn Pedersen Fox & HKS

Proposed Downtown Austin Hotel and Residential Towers and Developments

1. Waterloo Park Hotel

Address: 1201 Red River St.
Uses: Hotel
Residential Units: 380
Stories: 24
Expected Delivery: TBD
Developer: Hesperus Group
Architect: BOKA Powell

2. 402 W. 12th

Address: 402 W 12th St.
Uses: Residential
Residential Units: 300
Stories: 34
Developer: Stratus Properties

3. Shoal Cycle

Address: 812 W. 11th St.
Uses: Residential
Residential Units: 67
Stories: 8
Expected Delivery: TBD
Developer: Weaver Buildings
Architect: RIOS 

4. Wilson Tower

Address: 410 E. 5th St.
Uses: Residential
Residential Units: 350
Stories: 45
Expected Delivery: TBD
Developer: Wilson Capital
Architect: HKS Inc.

5. Tempo by Hilton Austin 5th Downtown

Address: 211 W. 5th St.
Uses: Hotel
Units: 480
Stories: 30
Expected Delivery: TBD
Developer: Merrit Development Group, LLC
Architect: DLR Group

6. Graduate Hotel Austin 

Address: 1800 Guadalupe St.
Uses: Hotel
Residential Units: 120
Stories: 18
Expected Delivery: TBD 2025
Developer: Aj Capital Partners
Architect: Hartshorne Plunkard

7. 1308 Lavaca Street

Address: 1308 Lavaca St.
Uses: Residential
Residential Units: TBD
Stories: 14
Expected Delivery: 3Q 2025
Developer:  Pearlstone Partners and Atco Properties & Management, LLC

8. 1215 Red River Street

Address: 1215 Red River Street
Uses: Residential
Residential Units: 921
Stories: 37
Expected Delivery: TBD
Developer: Aspen Heights Partners
Architect: STG Design

9. 1601 Rio Grande St.

Address: 1601 Rio Grande St.
Uses: Residential
Residential Units: 215
Stories: 8
Expected Delivery: TBD
Developer: Mill Creek Residential Trust, LLC
Architect: GFF

10. Conrad Austin

Address: 307 E. 2nd St.
Uses: Residential and Hotel
Units: 125 multifamily units, 330 hotel rooms
Stories: 63
Expected Delivery: TBD
Developer: Intracorp Homes
Architect: Page

11. Home2 Suites by Hilton Austin Downtown

Address: NEQ of W 6th St and Wood St
Uses: Hotel
Units: 108
Stories: TBD
Expected Delivery: TBD
Developer: Equicor Hotel Group

This article will be updated on a quarterly basis, so check back regularly for updates. For more in-depth market analysis, be sure to check out our latest Austin Office Market Report.