Proposed Projects in Austin27 Nov Team ATX Life Admin
Big business is booming, and with the growing need for office space comes growing changes to the skyline. It doesn’t look like that’s going to slow down anytime in the near future. In fact, even more projects are being announced and added to the growing list of Austin’s real estate developments already under construction.
A 31-story mixed-use tower has been proposed to go up near the Austin Resource Center for the Homeless. The project is currently waiting for approval, and if given the green light, construction may begin as soon as mid-late 2020. The proposal included specs for 325,300 square feet of office space, 360 apartments, 15,700 square feet of retail, and 12,000 square feet of restaurant space.
Site plans have been approved for a 37-story office tower that would look out over Republic Square, but with building plans yet to be submitted for the development, it could be a few years before construction begins.
Masonic Lodge Tower
Talks of a rumored 30-story tower being built near the historic building many know and equate with The Royal Arch Masonic Lodge are happening currently. There would need to be many rounds of approval to keep the historical integrity of the building, so there isn’t any word yet on if or when this project may come to be.
The Austin Development Services Department is currently reviewing a site plan for a 30-story mixed-use tower downtown that includes close to 400 apartments, and thousands of square feet dedicated to offices, co-living spaces, restaurants, and retail spaces.
Railyard Condominiums was recently purchased, and with that new ownership came murmurs of new projects that could also hit Fourth Street! It’s been said that the area near the condominiums could see two new skyscrapers -- one, a 1.7 million-square-foot campus including an office tower and the second, an office/residential tower. No site plans have been submitted, so if the project does happen, it may be a few years before we see any construction happening.
With tons of whispers happening about projects that are waiting for approval or may still be drawing up site plans, we know that the next few years will come with a skyline that’s very different from the one we’ve come to know and equate with Austin. If you’re looking for a team to help you navigate the coming changes or just need an experienced team to help you buy or sell a home, don’t hesitate to reach out to us at (512) 586-7270.