Southwest Austin - Dripping Springs Edition | March 2025

Development

Dierent areas of downtown will be revitalized through dozens of projects. “We are a very successful city, and as a result of that, you have a lot of demand for improvements,” Mayor Kirk Watson said. “... There are going to be some eggs broken to create the omelette—but we’re doing it in a methodical way.” According to property advocacy group Downtown Austin Alliance, 7.2 million square feet of development is actively under construction in the district, including projects along Sixth Street and proposed changes to Congress Avenue near the Capitol. $10B in projects underway near Texas Capitol

Downtown redevelopments Over 7 million square feet of developments are under construction in Austin’s downtown, totaling over $10 billion in construction.

Planned and underway projects

5 completed projects in 2024

16+ projects under construction

25 planned projects

7.3M square feet under construction

10.6M proposed square feet

1.1M recently completed square feet

NOTE: THIS MAP IS NOT COMPREHENSIVE.

SOURCE: DOWNTOWN AUSTIN ALLIANCECOMMUNITY IMPACT

Old 6th

31 properties to be renovated

expensive, but it does mean that we want really great chefs that bring really great concepts to spread a really wide array of aordability and experience.” Building rehabilitation work is underway. By April, restoration eorts on seven properties are expected to be complete, with the rst restaurants opening by summer 2026, Bodenman said. Tenant demand will play a large role in the remaining redevelopment timeline. City ocials recently reopened several blocks of the street to vehicle trac on the weekends.

What has colloquially been dubbed Dirty Sixth is undergoing changes as Stream Realty Partners, the owner of 31 properties along the bar-heavy block, seeks to revitalize the area. That project, called Old 6th, includes both cosmetic and business changes with the goal of creating a “true downtown neighborhood,” said Paul Bodenman, Stream’s senior vice president of investments. “We want really high-quality restaurants,” Bodenman said. “That doesn’t mean it has to be

Several historic properties are being rehabilitated under the Old 6th project to welcome new businesses.

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