EmergingProjects2020

Planned

Austin American-Statesman Waterfront Property Members of the Atlanta-based Cox family, which in 2018 sold the Statesman to Gatehouse Media, own the 18.9-acre South Congress Avenue site on the south Planned shore of Lady Bird Lake and are partnering with Austin-based Endeavor Real Estate Group to transform the site with up to 3.5 million square feet of development. The vision calls for high-rise towers with offices, apartments, condominiums and hotel rooms, shops and restaurants, a waterfront park, a boardwalk, an amphitheater, and a bat-watching area. Austin Energy Under Construction Seaholm Substation This project is the reduction in size of the existing Austin Energy substation just east of the Seaholm Power Plant. The project includes an artist-designed perimeter wall that is substantially complete. The Avenue Hotel Under Construction A vacant retail space on Congress Avenue in downtown Austin will be replaced with a 31-story Hyatt Centric boutique hotel with 246 rooms. Estimated completion in Fall 2021 Block 16 Planned Preliminary documents show a tower planned for the low-slung block at 2nd and San Jacinto, currently housing PF Chang’s and Fleming’s, a stone’s throw from the likely-expanding Austin Convention Center. Austin-based Manifold Real Estate, working with architectural firm Gensler, is planning a 42-story, 730,000 sq.ft. office tower with two observation/ amenity decks and 1,400 parking spaces below ground. Block 36 Planned A five-story multifamily building with 263 total units split between studios, one-bedroom, and two-bedroom is planned for originally by developer Transwestern and Wilder Belshaw Architects. There’s also 4,500 sq.ft. of retail space on the ground floor and underground parking available. Location between East Third and Fourth Streets, the I-35 Frontage Road, and Waller Creek. Estimated completion in May 2021 Block 185 Under Construction The 1.27-acre site being developed by Trammell Crow and with a striking design by Pelli Clarke Pelli Architects will have a high-rise mixed-use building with an underground garage. This 35-story, 589-foot office tower, has an estimated total of 719,470 sq.ft. The entire building is already 100% leased by Google.

3rd & Brazos Planned A 41-floor apartment tower at the southeast corner of East Third and Brazos Streets by Houston-based multifamily developer Hanover Company. The building will have 9 floors of above-ground parking, 32 floors with 306 residential units, and 4,500 sq.ft. of retail space on the ground floor. 4th & Onion Planned Austin Habitat for Humanity is planning to build a six story affordable housing condo project at Fourth and Onion Streets in East Austin. Though AHH is still seeking building partners and securing funding through affordable housing bonds, they currently plan to begin construction on the 50+ unit development in 2020. 5th & Brazos Under Construction This is a 32-story skyscraper with two hotels and residences at East 5th and Brazos Street. The tower will include 400 hotel rooms, 323 apartments, a restaurant, a cocktail lounge, and meeting space. Chicago-based Magellan Development Group is the developer. Estimated completion Q1 2021 6 X Guadalupe Under Construction The 1.63-acre site will have 349 apartment units, 587,780 sq.ft. of office space, and 42,000 sq.ft. of ground floor retail. This will be Austin’s tallest building when complete. Estimated completion 2022 6th & Guadalupe Proposed Minneapolis-based Ryan Companies is proposing a 530,371 sq.ft. 60-story apartment and office tower at the corner of West Sixth and Guadalupe streets - catty-corner to what will be Austin’s tallest building, the 66-story 6 X Guadalupe, now under construction. The tower will have 363 apartments, 120,000 sq.ft. of office space, and ground floor retail. Construction could start as early as the fourth quarter of 2020. 14th & Guadalupe Planned A 31-story office and retail building planned at the northwest corner of 14th and Guadalupe Streets by local developers Cypress Real Estate Advisors. The project will become the tallest downtown tower north of the Texas State Capitol. It will contain 239,710 sq.ft. of office space along with 3,614 sq.ft. of retail area on the ground floor. It will also contain 584 parking spaces in its podium section. 44 East Avenue Under Construction A 49-story high-rise condo tower is planned for Rainey Street as Intracorp’s first project in Austin. This 545-foot-tall, 460,000 sq.ft. project includes 322 condo units, 3,000 sq.ft. of ground floor retail space, and 500 parking spaces. Estimated completion Fall 2022

90-92 Rainey Street

This 606-foot-tall tower by local developer and Urbanspace CEO Kevin Burns will be a true

mixed-use project with 53 floors, 198 apartments, 424 hotel rooms, and over 580,000 gross sq.ft. of building space. Its proximity to the likely expanding Convention Center has driven a pivot towards a larger project that includes 5,800 sq.ft. of ground and restaurant space. 300 Colorado Under Construction A 34-story office tower is planned for 300 Colorado Street, a joint venture between firms Cousins Properties, Ironwood Real Estate, and Riverside Resources. Early plans show the building with 358,000 sq.ft. of office space, 10,000 sq.ft. of retail space, and 727 parking spaces. Parsley Energy has leased the entire building. Estimated completion Under Construction Brandywine Realty Trust is building a 25-story office project at the northeast corner of 4th and Colorado streets. The design by Duda|Paine Architects of Durham, NC, will feature glass-enclosed office levels atop 12 stories of structured parking wrapped with terra-cotta tiling. Estimated completion in 2021 1601 Congress Under Construction State Office Building December 2020 405 Colorado The second phase of the Capitol Complex development includes the construction of an approximately 430,000 gross square feet, 12-story “Fabric” building for the Capitol Complex located along North Congress between 16th and 17th Streets. It includes a confer- ence center with multiple room sizes and accommo- dations for configurable meeting space, five stories of below-grade parking, wellness space amenities, and 200,000 sq.ft. of “useable” administrative office space. Estimated completion in February 2022 Alexan Capitol Under Construction With 30 floors, Alexan Capitol will be the tallest tower in the Trammel Crow Alexan brand’s Texas portfolio so far. The building’s podium includes three subterra- nean floors of garage, a lobby floor, three floors of parking above the lobby, then a fifth floor with roughly 21,000 sq.ft. of office space. After that, it’s an average 16,500 sq.ft. of residential units per floor as the tower component rises. Estimated completion in July 2021 ATX Tower East & West Planned Karlin Real Estate acquired the 1.6-acre low-rise Railyard condo community in 2019 and plans to redevelop it into two complementary towers, known now as ATX Tower East & West. Combined, the two towers will offer 1.7 million sq.ft. of space, with 500 apartments, 300 condos, 884,000 sq.ft. of office, and 30,000 sq.ft. of restaurant space.

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