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

Ground breaking on East6


This week ground broke on East6, a 115,000 square foot office building, at 2010 East 6th St between Chicon St and Robert Martinez Jr St. The 1.33 acre site plans to have four stories of parking garage space, outdoor balconies, rooftop patio, and space for food trucks and bicycle storage. Main Street Hub, a local Austin marketing platform, will relocate its operations and employees to this building upon completion which is scheduled for Spring 2019. East6 will be one of the first single-tenant Class A office buildings on the east side of town.

via AQUILA Breaks Ground on 115,000-SF Main Street Hub HQ in East Austin – 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.

SXSW Headquarters – 1400 Lavaca St.

Currently in the planning stage is the SXSW Headquarters located at 1400 Lavaca Street. Plans include for a 12 story, 150,000 square foot tower with five floors of parking and a restaurant. SXSW organizers plan to turn the top three floors into their headquarters, while the rest will be available for lease. Estimated completion is January 2019. The high-rise would replace an existing two-story building at 1400 Lavaca Street that the SXSW-related entity, CZ Properties, bought last year from the Texas Restaurant Association for an undisclosed price. CZ Properties would be the owner of the new tower.

Read more at Culture Map.

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.