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 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

Texas Bankers Association | Downtown Austin Development

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

600 W. 5th | Downtown Austin Development

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

Perennial Rendering - 4th & Brazos Downtown Austin

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

44 East Ave | Downtown Austin Developments

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

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Kirk Silas | AQUILA Commercial

Kirk Silas

Kirk is the mastermind behind AQUILA's wealth of market intel. He continuously delves into data and crunches the numbers to provide our team and our clients with the latest market insights and most in-depth analysis.

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