EmergingProjects2020

Symphony Square Planned Greystar is planning a 31-story mixed-use tower surrounding the historic Symphony Square at Red River and 11th streets. The project will have 129,000 sq.ft. of office space, ground floor retail, and 385 residential units, including 465 sq.ft. “micro-units”. Tower 5C Planned An office tower by national commercial developer Ryan Companies will rise 41 floors at the southeast corner of West Fifth and Colorado Streets. Occupying nearly a quarter-block, the project contains 463,723 square feet of offices and 1,722 square feet of ground-floor retail space, along with pedestrian improvements and a sidewalk cafe area at its corner. The Travis Planned Developed by Genesis Real Estate Group and designed by GDA Architects, The Travis will be Austin’s tallest exclusive use apartment tower with 50 stories and 414 units. Plans have been added for a second tower at the 2.3-acre site, with condos for sale, hotel rooms, and a ground-floor coffee shop. Total size will be in excess of 1.2 million square feet. Travis County Under Construction Probate Court and Clerks Offices Officials announced on December 29 that the federal government approved Travis County's application to take the old U.S. courthouse at 200 W. Eighth St. for its probate court and clerks offices. It is estimated it will cost $28 million to renovate the old building and will take until 2020 for it to open. UT Office Tower Planned A new 17-story office building will anchor the ongoing Brackenridge redevelopment in downtown Austin, housing some of The University of Texas Dell Medical School operations and future strategic partners.

Waller Park Place Planned The 1.4 million square foot project at the corner of Cesar Chavez and Red River, as envisioned, would have three towers with 300,000 sq.ft. of office, a 150-room hotel, 498 residential units, 60,000 sq. ft. of retail, as well as a lattice bridge across Waller Creek. Demolition was completed in February 2016, but construction has been delayed. This will be the largest private development project in Downtown Austin’s history. Waterloo Park Under Construction A dramatic makeover of Waterloo Park is underway after work began in Sept. 2017. Improvements to the park will include the addition of an amphitheater that can accommodate up to 5,000 people, made possible by a $15 million grant from the Moody Foundation. In addition, Waterloo Park will feature a great lawn, a variety of gardens, an elevated promenade, water features, meditative spaces, and children's play spaces. Estimated completion late 2020 Waterloo Park Tower Planned Hesperus Group LLC is now the developer for a hotel at 1201 Red River St. Current plans call for a 24-story structure with 256 rooms, near the nearly complete Waterloo Park redevelopment and Dell Seton Medical Ctr.

Shoal Creek Walk Under Construction Schlosser Development has begun construction of a substantial expansion of office space in the West End / Market District. The structure would be about 250,000 sq.ft. and 15 stories tall. South Central Waterfront Planned The South Central Waterfront Initiative builds upon more than three decades of waterfront planning along the south shore of Lady Bird Lake. Since 2013, the initiative engaged thousands of Austinites and numerous city departments and stakeholders to create the South Central Waterfront Vision Framework Plan. This Vision Framework was adopted by Austin City Council in 2016 to establish policy and launch implementation to ensure that this rapidly changing district will evolve to establish a lively, safe, and attractive pedestrian environment, expand open space and create great public spaces, enhance connections to and along the waterfront, and include 20% of new housing units as affordable. The South Central Waterfront (SCW) encompasses 118 acres, comprised of 32 separate properties. State of Texas Capitol Under Construction Complex Master Plan The 2016 Texas Capitol Complex Master Plan reimagines the Capitol Complex as a destination that celebrates the Capitol and centralizes all state agencies. Characterized by grand civic spaces, shaded pedestrian friendly streets, and connections to the surrounding community, the first phase of the master plan includes two new office buildings and five levels of underground parking, which will be the base of a new, pedestrian-oriented Texas Mall. This tree-lined promenade will be located on Congress Avenue between 16th Street and Martin Luther King Jr. Boulevard, and will serve as the northern gateway to the Capitol Complex with public green space for tourism, events, and festivals.

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