flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

First look: Austin to get first high-rise since 2003

First look: Austin to get first high-rise since 2003

Developer Cousins Properties broke ground on the 29-story Colorado Tower in downtown Austin, Texas, the city's first high-rise building since Cousins' completed the Frost Bank Tower a decade ago.


By BD+C Staff | June 17, 2013
Cousins Properties Inc. has commenced construction on Colorado Tower, a 371,000-sf Class A office development in Downtown Austin, Texas.
 
The 29-story building, designed by Duda/Paine Architects, will be the first high-rise tower built in Austin since Cousins developed Frost Bank Tower in 2003. The formal ground breaking ceremony is scheduled for June 4th.     
 
“We have a long, successful history in Austin and are very excited about the prospects for Colorado Tower,” said Larry Gellerstedt, President and Chief Executive Officer of Cousins. “This building – with its great location and best-in-class amenity package – is particularly well positioned to capitalize on the vibrant market in Austin’s central business district.”
 
Located in the heart of Downtown Austin’s Warehouse District, Colorado Tower will offer a variety of amenities, including a top quality fitness facility and state-of-the-art conference center.  The building is being developed under the Austin Energy Green Building 2 star program and will be substantially complete by December 2014. 
 
Pre-leasing activity has been strong, with two high-profile companies – DuBois, Bryant & Campbell LLP and Scott, Douglass & McConnico LLP – officially committed to the building and several other prospective tenants in active discussions.   
      
Cousins has played a prominent role in the Austin real estate market for more than 20 years, with a list of notable projects including Frost Bank Tower, Palisades West, and the recent acquisition of 816 Congress. 
 
 
 
 
 
 
 

Related Stories

Codes and Standards | May 19, 2022

JLL launches non-profit aiming to mitigate climate change

Real estate and investment management firm JLL recently launched JLL Foundation, a non-profit dedicated to making a long-term impact on environmental sustainability.

Office Buildings | May 19, 2022

JLL releases its 2022 Office Fit Out Guide

JLL’s 2022 Office Fit Out Guide report provides benchmark costs to build out a range of office types across major markets in the United States and Canada.

Biophilic Design | May 18, 2022

Horticulturalists conduct research study to understand the value of biophilic design

Benholm Group, horticulturalists that have pioneered the use of plants for interiors over the past 27 years, are collaborating on a research study to understand the value of biophilic design, according to a news release.

Market Data | May 18, 2022

Architecture Billings Index moderates slightly, remains strong

For the fifteenth consecutive month architecture firms reported increasing demand for design services in April, according to a new report today from The American Institute of Architects (AIA).

Building Team | May 18, 2022

Bjarke Ingels-designed KING Toronto releases its final set of luxury penthouses

In April 2020, a penthouse at KING Toronto sold for $16 million, the highest condo sale in Toronto that year or the year after.

Building Team | May 17, 2022

MKA’s Embodied Carbon Action Plan will include reporting on carbon reductions for selected projects

Magnusson Klemencic Associates (MKA) recently released its SE 2050 Embodied Carbon Action Plan (ECAP) for 2022.

University Buildings | May 16, 2022

Yale’s newly renovated Schwarzman Center enriches student campus social life

Robert A.M. Stern Architects (RAMSA) recently unveiled the design of their restoration of the Schwarzman Center at Yale University, which includes dining spaces, a bar, and a food shop.

K-12 Schools | May 16, 2022

Private faculty offices are becoming a thing of the past at all levels of education

Perkins & Will’s recent design projects are using the area to encourage collaboration.

Codes and Standards | May 16, 2022

AIA releases Justice in the Built Environment guide

The American Institute of Architects (AIA) recently published a new supplementary edition of the Guides for Equitable Practice, titled “Justice in the Built Environment.”

K-12 Schools | May 16, 2022

A Quaker high school in Maryland is the first in the U.S. to get WELL Gold certification

Designed by Stantec, a Quaker high school is the first in the US to receive WELL Gold certification, which recognizes a commitment to occupants’ health and well-being.

boombox1
boombox2
native1

More In Category




halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021