Construction begins on The Foundry


With a projected delivery for March 2019, Cielo Property Group broke ground on The Foundry at Fourth and Comal in East Austin earlier this week. The site is at 310 Comal St near the Plaza Saltillo Metro Rail station. Plans call for a 95,444 square foot mixed-use complex. DPR Construction is the contractor for the project and also pre-leased 30,000 square feet of the complex for its new headquarters. The complex will also include 17 residential condos.

via Cielo Breaks Ground on East Austin Mixed-Use Project – CoStar Group

4 East – East 4th & Comal St.

Cielo Property Group has assembled six contiguous lots in the 1600 block of East Fourth Street, advancing plans for a multi-story mixed-use building at the corner of East Fourth and Comal Streets. Cielo would like to build a six-story, LEED certified mixed-use building that would be primarily offices. Some ground-floor retail with a cafe or restaurant component is also under consideration. The developers are expected to deliver the space in the first quarter of 2019.


Get the scoop at Towers.

23 Nueces – 23 Nueces St.

Still in the planning phase, located at 23 Nueces Street, the 0.95-acre site will have an 18 story building with 212 multifamily units, 3 levels of underground parking, as well as office/retail space.

Highland Mall Transformation – Koenig Lane & I-35

Newly announced plans for the property, now owned by Austin Community College, include two more apartment buildings with a combined total of 390 units, as well as 25,000 square feet of ground-floor retail space. The two buildings, which will both be four stories tall, will be situated on either side of what’s being called a “gateway green” – a lush open space that’s slated to be the primary entrance to the property from Airport Boulevard. They’ll join Elan Parkside, another mixed-use project on the ACC Highland site that’s nearing completion. Elan Parkside is set to have 300 apartments and 5,000 square feet of retail space when work wraps up. Lake | Flato and Meeks + Partners are architects for the two new buildings. Construction is expected to start late this year, with work projected to take about 18 months.


Read more at Building ATX.

600 Guadalupe St.

The Lynd Co. of San Antonio and Lincoln Property Co. plan to build a mixed-use high-rise on the site of an Extended Stay America hotel, located at 600 Guadalupe Street. They plan for 62 stories rising 850 feet. The skyscraper would have more than 500,000 square feet of office space and 300-plus luxury apartments, plus ground-floor retail. The developers are still planning the development but plan to open by 2021.

Visit Austin Business Journal’s write up.