Emerging Projects

Share

iStock_000046742338_web1. Trinity Place
Status:Planned
Estimated Completion:Undetermined
Type:Residential
World Class Capital Group, an Austin-based investment and asset management firm, has purchased a 1-acre tract next to the Four Seasons Hotel and Residences along Lady Bird Lake. Development plans for the site have not been disclosed.

2. The Riley
Status:Planned
Estimated Completion:Starts Construction Early 2015
Type:Commercial
A new restaurant and event center are planned for the site of the former 219west location. The multi-story building will offer an event space, apartment, and rooftop deck that are all available for rent on a nightly basis.

3. Waterloo Park Tower
Status:Planned
Estimated Completion:Undetermined
Type:Commercial
This is a proposed office and residential tower on the site of the former Brick Oven Pizza, east of Waterloo Park and south of UMC Brackenridge.

4. The Park
Status:Planned
Estimated Completion:Undetermined
Type:Commercial
This proposed project is an 8-story mixed use building with a ground floor restaurant and 86,000 sq. ft. of office space.

5. Green Water Block 185
Status:Planned
Estimated Completion:Undetermined
Type:Residential
The Green Water site consists of Blocks 1, 23, 185, and 188. Block 185 fronts Cesar Chavez and Shoal Creek.

6. Intake and Utility Buildings
Status:Planned
Estimated Completion:
Type:City of Austin
The City of Austin wants to transform three former utility buildings located on prime land along Lady Bird Lake into public spaces. The Parks and Recreation Department will seek proposals next year from companies or private groups interested in turning the buildings, which sit on the lake’s north shore, south of West Cesar Chavez Street and the old Seaholm Power Plant, into something new. Developers and parks officials envision the structures containing a lakeside cafe, juice bar, art gallery, bike or kayak rental business, or public gathering space.

7. 416 Congress
Status:Planned
Estimated Completion:Undetermined
Type:Commercial
The proposed project is a 26-story boutique hotel at the site of the James H. Robertson Building, one of Congress Avenue’s oldest buildings. As currently planned, the historic facade of the existing 21,000 SF 1893 building would be preserved and enhanced, and a 90,000 SF hotel, which would include 130 guest rooms and a bar, restaurant and private dining rooms, would rise in a slender glass tower stepped back sixty feet from Congress Avenue.

8. Republic Square, Phase II
Status:Planned
Estimated Completion:Starts Construction Early 2015
Type:City of Austin
The City of Austin has contracted with a design team for the next phase of improvements to the existing 1 3/4 acre Republic Square Park. Phase 2 is a continuation of a design process in partnership with the Austin Parks Foundation. The scope of Phase 2 includes, but is not limited to, the design for site regrading, demolition and removal of pavement and obsolete water feature, tree protection and removal where recommended, pedestrian circulation and use areas, informal and flexible children’s play area, site furnishings, signage, lighting, irrigation and landscape improvements.

9. Town Lake Park, Phases III and IV
Status:Planned
Estimated Completion:Late 2016
Type:City of Austin
These are park improvements in the area bounded by Lady Bird Lake to the north, Riverside Drive to the south, the UPRR railroad to the west to South First Street to the East, including improvements to Auditorium Shores and potentially additions of art to Phase 2 of the park.

10. Travis County DA Office Building
Status:Planned
Estimated Completion:Starts Construction Early 2015
Type:Travis County
Travis County plans to build a 133,000 sq. ft., $40 million office building near the county criminal and civil courthouses downtown, which would include courtrooms, prosecutors’ offices, retail space, a crime lab and underground tunnel connecting it to the main justice complex.

11. Aloft and Element Hotels
Status:Planned
Estimated Completion:Starts Construction Early 2015
Type:Commercial
The 7th and Congress hotels project will be two Starwood-brand hotels, Aloft and Element, with 410 room hotel with a 5,400-square-foot restaurant, to be developed by White Lodging of Indiana. The 32-story building will replace a current surface parking lot and building containing the Wholly Cow Burgers restaurant.

12. Hyatt House Hotel
Status:Planned
Estimated Completion:Starts Construction Early 2015
Type:Commercial
This project will be a 10-story, 189 room Hyatt House extended stay hotel.

13. Downtown MetroRail Station Expansion
Status:Planned
Estimated Completion:
Type:iStock_000019717846_Double WebTransportation/Infrastructure
The current downtown station on East Fourth Street has a single track and platform and room for one car lane in the block between Trinity and Neches streets. It could be expanded to two platforms and three tracks. The final design may move the station one block east of the current location.

14. Austin Energy Seaholm Substation
Status:Planned
Estimated Completion:Undetermined
Type:City of Austin
This project is the reduction in size of the existing Austin Energy substation just east of the Seaholm Power Plant.

15. New Travis County Civil & Family Courthouse
Status:Planned
Estimated Completion:Undetermined
Type:Travis County
Travis County purchased a full block just south of Republic Square, to construct a 500,000 sq. ft. civil and family courthouse. A bond election is expected in May 2015 for funding construction.

16. Green Water Block 188
Status:Planned
Estimated Completion:Starts Construction 2015
Type:Commercial
Trammell Crow Company is working with hotel developer KOR to build a boutique hotel on Block 188.

17. UT System-Block 71
Status:Planned
Estimated Completion:
Type:Non-Profit-Arts-Other
Once the new UT System Adminstration building (UT5) is completed, the property housing Claudia Taylor Johnson building and Ashbel Smith Hall will be ground leased, and therefore available for improvement or redevelopment.

18. Mexic-Arte Museum
Status:Planned
Estimated Completion:June 2016
Type:Non-Profit-Arts-Other
Conceptual plans by Mexican architect Fernando Romero show a cylindrically shaped six-story building clad in translucent material. The building’s shape is a reference to the Aztec calendar. At a proposed 54,000 SF, about half of the building at the southeast corner of Congress Avenue and 5th Street would be commercial office space that the museum would lease to generate income.

19. Green Water Block 23
Status:Planned
Estimated Completion:Starts Construction Early 2015
Type:Commercial
Construction will start this month on this 29-story, 500,000 sq. ft. office tower that will have two ground-level restaurants.

20. Episcopal Church National Archives
Status:Planned
Estimated Completion:Undetermined
Type:Non-Profit-Arts-Other
The Episcopal Church has bought a full downtown block, where it plans to build a facility to house its national archives, as well as space for meetings and research. The building probably will be five stories, with up to 70,000 SF and a garage with some public spaces.

21. Colorado Tower
Status:Under Construction
Estimated Completion:February 2015
Type:Commercial
Atlanta-based Cousins Properties, with San Antonio-based Hixon Properties Inc. and Silver Ventures, is building a 30-story, 400,000 SF office tower with street-level retail/restaurant. The site had formerly been considered for a hotel project.

22. New UT System Administration Building
Status:Under Construction
Estimated Completion:Early 2017
Type:Non-Profit-Arts-Other
The Colorado and Lavaca buildings are being demolished to make way for the replacement office building. The planned building will be eleven stories above eight levels of parking and will provide more than 300,00 square feet of office space, with over 200,000 remaining square feet for immediate use by UT System and the remaining square footage available for lease. The System space will be designed to more efficient space standards than are feasible in the existing structures. The building will include a 760-car above and below ground parking garage.

23. Hotel Van Zandt
Status:Under Construction
Estimated Completion:March 2015
Type:Commercial
Work continues on the hotel project San Diego-based JMI Realty is building in the Rainey Street neighborhood near the mouth of Waller Creek. The hotel, which will have 326 rooms, is expected to be operated by San Francisco-based Kimpton Hotels.

24. Stubb’s Green Building
Status:Under Construction
Estimated Completion:2013
Type:Commercial
Under Construction: Stubb’s is doing an interior remodel to the existing one story Cocktail Lounge on the north side of the property, to add restrooms, lighting and new interior steel beams.

iStock_000049771366_Web25. Seaholm Power Plant Redevelopment
Status:Under Construction
Estimated Completion:Late 2015
Type:Commercial
Seaholm Power, LLC, led by Southwest Strategies Group, is redeveloping the circa 1950 Art Deco Seaholm Power Plant and adjacent property, into a high quality, mixed-use attraction. The project will feature a mix of office space, a Trader Joe’s grocery store, local retail shops, contemporary condos, special eent space, and an outdoor terrace that overlooks Lady Bird Lake.

26. New Central Library
Status:Under Construction
Estimated Completion:May 2016
Type:City of Austin
Under Construction: Work continues on the new central library, designed by the architectural team of Lake/Flato Architects and Shepley Bulfinch Richardson & Abbott.
The new 198,000 sq. ft. central library will replace the 110,000 John Henry Faulk Central Library built in 1979. The new library site is on West Cesar Chavez Street, between Shoal Creek and the redeveloping Seaholm Power Plant. The Faulk library will be used for an expansion of the Austin History Center.

27. Westin Austin Downtown
Status:Under Construction
Estimated Completion:Late Spring 2015
Type:Commercial
Under Construction: The project is a 366-room Westin hotel, being developed by Indiana-based White Lodging Services, who also developed the Residence Inn / Courtyard by Marriott and Hyatt Place and are currently developing the JW Marriott Hotel downtown.

28. 422 (Broadstone) @ The Lake
Status:Under Construction
Estimated Completion:Mid-2015
Type:Residential
Construction is well underway on a multi-use development encompassing 353,000 square feet on a 1.53 acre parcel. The project will be composed of 212 apartments, 150,000 square feet of parking, and 9,000 square feet of retail. The project required a zoning change to increase the height to a maximum of 79 feet.

29. 501 Congress
Status:Under Construction
Estimated Completion:Early 2015
Type:Commercial
Stream Realty Partners is reconstructing 501 Congress Avenue, a five-story building with high-end office space that replaces the former Bank of America Annex. The project gutted the building and gives it a floor-to-ceiling makeover, including a lounge-like lobby, a central atrium to bring in additional natural light, a rooftop terrace and new mechanical, electrical, and plumbing systems. The building will also have more than 12,000 square feet of restaurant and retail space.

30. 5th and Brazos Hotel
Status:Under Construction
Estimated Completion:Undetermined
Type:Residential
This is a 37-story skyscraper with hotel rooms and residences at East 5th and Brazos streets. The tower will include 333 hotel rooms, 329 apartments, and 2 restaurants. Chicago-based Magellan Development Group is developing the project.

31. Fairmont Hotel
Status:Under Construction
Estimated Completion:June 2017
Type:Commercial
Manchester Texas Financial Group, a subsidiary of San Diego hotel developer Manchester Financial Group, expects to break ground in 2014 on this $370 million hotel with 37 stories and 1,066 rooms east of the Austin Convention Center. The hotel will be built on land at the northeast corner of Red River and Cesar Chavez streets, near Waller Creek. 125 of the rooms will be larger, high-end “Fairmont Gold” rooms with separate check-in, elevators and lounge. The hotel will have a direct connection to the Austin Convention Center through an elevated walkway.

32. Holiday Inn Express
Status:Under Construction
Estimated Completion:Summer 2015
Type:Commercial
Designed by Mitchell Carlson Stone Inc. of Houston, the two hotels will have seperate entrances: the 167-room Holiday Inn express will be accessed on Neches Street, and the 133-room Hotel Indigo’s entrance will be on Ninth Street. The hotels will be operated jointly by Intercontintal Hotels Group.

33. The Catherine
Status:Under Construction
Estimated Completion:Early 2015
Type:Residential
Construction of this nineteen-story building with 300 apartments on the south shore of Lady Bird Lake will wrap up early this year. the site is in the middle of the block that includes the 17-story Hyatt Regency Austin and 422 at the Lake, another apartment tower under construction.

iStock_000050299858_Web34. Gables Republic Park/Hotel ZaZa
Status:Under Construction
Estimated Completion:Late 2016
Type:Residential
Demolition and site prepartion have started on this 24-story tower in downtown Austin that would have 216 luxury apartments atop a 160-room Hotel ZaZa. The project, fronting on Republic Square Park, is expected to be completed in late 2016.

35. Texas PTA
Status:Under Construction
Estimated Completion:Early 2015
Type:Non-Profit-Arts-Other
This project, an 18,000 sq. ft. office building with a 2,400 sq. ft. restaurant,
broke ground in early December 2013.

36. Hotel Indigo
Status:Under Construction
Estimated Completion:Summer 2015
Type:Commercial
Designed by Mitchell Carlson Stone Inc. of Houston, the two hotels will have seperate entrances: the 167-room Holiday Inn express will be accessed on Neches Street, and the 133-room Hotel Indigo’s entrance will be on Ninth Street. The hotels will be operated jointly by Intercontintal Hotels Group.

37. Northshore (Green Water Block 1)
Status:Under Construction
Estimated Completion:Late 2015
Type:Residential
Construction began mid-February on the first project on the site of the former Thomas Green Water Treatment Plant. The project is a 440-unit apartment building on Block 1 that will also have 23,500 sq. ft. of office, 14,900 sq. ft. of restaurant and 13,900 sq. ft. of retail.

38. Texas Public Policy Foundation Office Building
Status:Under Construction
Estimated Completion:Summer 2015
Type:Commercial
Construction continues on the 33,000 sq. ft. office building for the Texas Public Policy Foundation.

39. 1705 Guadalupe
Status:Under Construction
Estimated Completion:Early 2015
Type:Commercial
The project is the renovation of an existing 19,000 sq. ft. office building and expansion to 50,000 sq. ft.

40. Capital Studios
Status:Under Construction
Estimated Completion:November 2014
Type:Residential
Under Construction: Foundation Communities, an Austin non-profit, has just broken ground on a 135-unit efficiency-style apartment building at the southwest corner of 11th & Trinity. The site is currently a surface level parking lot. The units will be rented for $400 to $650 a month, utilities included, to single adults who earn less than $26,600 – roughly half of Austin’s median income. At least 5 percent will be set aside for artists and musicians.

41. Dell Medical School & Teaching Hospital and Seton Medical Center at UT Austin
Status:Under Construction
Estimated Completion:May 2016
Type:Non-Profit-Arts-Other
Four buildings, including a 220-bed hospital, are planned for the first phase of the Dell Medical School at UT Austin. Site work has begun on the hospital as part of the first phase of the Dell Medical School at UT Austin.

iStock_000039536066_web42. New UT System Administration Building
Status:Under Construction
Estimated Completion:Early 2017
Type:Non-Profit-Arts-Other
The Colorado and Lavaca buildings are being demolished to make way for the replacement office building. The planned building will be eleven stories above eight levels of parking and will provide more than 300,00 square feet of office space, with over 200,000 remaining square feet for immediate use by UT System and the remaining square footage available for lease. The System space will be designed to more efficient space standards than are feasible in the existing structures. The building will include a 760-car above and below ground parking garage.

43. Hyatt Ballroom and Parking Structure
Status:Under Construction
Estimated Completion:Early 2014
Type:Commercial
Under Construction: Construction has started on a 600-space parking garage, 25,000 SF ballroom, and meeting rooms on the existing south parking lot of the hotel.

44. IBC Bank Plaza
Status:Under Construction
Estimated Completion:Late 2014
Type:Commercial
This 13-story project will have 148,000 sq. ft. of office 17,000 sq.
ft. bank and an 11,000 sq. ft. restaurant. James McCann

45. JW Marriott Hotel
Status:Under Construction
Estimated Completion:February 2015
Type:Commercial
White Lodging Services Corp. of Indiana is building a 1,012-room JW Marriott convention hotel on the northeast corner of Congress Avenue and 2nd Street. The hotel is 34 stories (408 feet).

46. 5th and Colorado
Status:Under Construction
Estimated Completion:Early 2016
Type:Commercial
Dallas-based Lincoln Property Co. is building a 188,000 sq. ft.; 18-story office building on the southwest corner of West Fifth and Colorado streets in downtown Austin.

Source: http://www.downtownaustin.com/business/emergingprojects