DEVELOPMENT
COMPILED BY DARCY SPRAGUE
Developers break ground on Texas’ tallest skyscraper
Phase 1 of Capitol Complex project nears completion Phase 1 of the Texas Capitol
Progress has been made on several projects north of the Capitol building.
CAPITOL COMPLEX
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Lincoln Property Co. and Kairoi Residential broke ground in Sep- tember on Waterline—previously referred to as 98 Red River—a 74-story high-rise in downtown Austin. Waterline will feature 352 luxury apartment homes, a 251-room hotel, 24,000 square feet of commercial and restaurant space, and 700,000 square feet of o ce space, according to the developers. The project is located at 98 Red River St., Austin, between Rainey Street and the Central Business District. It will be 1,022 feet tall and sit on a 3.3-acre campus at the intersection of Waller Creek and Lady Bird Lake. The tower will be the tallest in Texas once completed, according to the developers. The tallest building in Austin currently is the Indepen- dent at just under 700 feet.
The hotel space called 1 Hotel Austin will be 13 oors and include a rooftop pool. The o ce space will occupy 27 stories and feature a 7,000-square- foot gym and an amenity deck o er- ing 24,000 square feet of outdoor space including a bar. Personal residences will occupy the top 33 stories. Those residents will have access to two pools, a tness center and several shared areas, including a lounge and dining area. As part of the project, developers will add two new pedestrian bridges over Waller Creek from and three additional access points to the Waterloo Greenway. Developers will also donate $1 million to the Waterloo Greenway Project for improvements to the 1.5- mile trail that connects The Univer- sity of Texas to Lady Bird Lake.
The pedestrian mall—several blocks of Congress that will be land- scaped with paths running north to south and a large green space in between—is nearly complete. Crews are working on landscaping, according to Francoise Luca, Texas Facilities Commission communica- tion specialist. So far, the Texas Legislature has allocated $895 million in funding for the complex, according to Luca. She said there is still fund- ing leftover for Phase 2 and that additional funds could be approved in the upcoming Legislative session if needed. “The multiyear transformation of the Capitol Complex has progressed well despite unprecedented weather events and a global pandemic,” Luca said. “The project remains on budget and will be completed as planned this year.”
1 George H. W. Bush State O ce Building 2 Barbara Jordan State O ce Building 3 Mall construction site
Complex Project—a master plan to redevelop Congress Avenue between East 15th Street and East Martin Luther King Jr. Boulevard by adding two new buildings to host more than two dozen state agencies, a pedestrian mall and underground already moved into the George H. W. Bush and Barbara Jordan state o ce buildings located at 1801 and 1601 Congress Ave., Austin, respectively. garage—is almost complete. Several state agencies have The Child Care Center, a program that provides day care for children of state employees opened, at the new Barbara Jordan State O ce Building in August and is enrolling students. Within the same building, the conference center is complete and will open later this year, and a cafe will open later this fall after a commercial kitchen is nished.
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Waterline will be the tallest tower in Texas once completed. (Rendering courtesy WAX)
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COURTESY TEXAS FACILITIES COMMISSION
“Downtown Austin o ers one of the most dynamic markets and sky- lines in the nation, and we’re excited to help drive its ongoing transforma- tion,” said Seth Johnston, senior vice president of Lincoln Property Co. in Austin, in a press release. The project is expected to be completed in 2026.
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COURTESY TEXAS FACILITIES COMMISSION VIA EARTH CAM
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SOURCE: TEXAS FACILITIES COMMISSION COMMUNITY IMPACT NEWSPAPER
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