Construction on The Waller has topped out — the 32-story apartment tower at 1104 Sabine St. is part of the Symphony Square redevelopment by Greystar Real Estate Partners. ARNOLD WELLS / ABJ

Austin Business Journal reports, "Greystar Real Estate Partners LLC's Symphony Square mixed-use project in downtown Austin is inching toward completion.

Since October, both 1121 at Symphony Square, the development's seven-story office building, and The Waller, its 32-story residential tower, have topped out, said Jon deVita, development associate at Greystar.

South Carolina-based Greystar is seeking certifications that will set the project apart in the areas of sustainability, connectivity and health and wellness, said Matt Stevenson, Austin-based senior director of development.

When complete, 1121 at Symphony Square will have 129,000 square feet of class A office space, with floor plates ranging from 13,500 to 30,000 square feet, deVita said. The Waller, meanwhile, will offer 388 micro-studio and one-, two- and three-bedroom apartments.

The office tower is expected to be delivered in April. The Waller’s first units should open in January 2024, Stevenson said.

Matt Frizzell and Melissa Totten with Cushman & Wakefield are handling office leases for 1121 at Symphony Square. No leases have yet been signed, deVita said.

1121 at Symphony Square has been awarded a platinum score by WiredScore, an internationally recognized digital connectivity rating system. The score looks into a building's digital infrastructure, electrical resiliency, access readiness and more. For tenants, deVita said, this means having uninterrupted connections throughout the building.

"It's the highest level of WiredScore that they offer," deVita said. "And as of right now, we're the only platinum in the city."

In the realm of health and wellness, Greystar is targeting a Fitwel communities certification showing a commitment to health and wellness for both the office and residential components. Amenities provided to help achieve that rating include a lap pool, gym, bike storage and showers.

"It's meant to be kind of full service," deVita said. "You can go start to finish on the site. You go work out in the morning, go to work and then go get some lunch or dinner, all in the same footprint."

Greystar is also seeking Gold Leadership in Energy and Environment Design certifications for both 1121 and The Waller, Stevenson said. That is the second-highest level attainable in the widely used LEED program, which recognizes buildings that save money, improve efficiency, lower carbon emissions and create healthier places for people, according to the USGBC website.

This development has been added to Austin Business Journal's Crane Watch database, which now has data on more than 400 large commercial projects in the metro. Keep reading for more construction news, and scroll to the bottom of this story for a map.

Sixth and Chicon reaches milestone

Sixth and Chicon, a "micro housing" development in East Austin, has topped out, according to a Nov. 17 announcement.

The 34,364-square-foot, six-story development from Watershed Development Group is densely packed with 60 apartments. The units range from 252 to 465 square feet, with an average size of 355 square feet, according to the announcement.

The project at 1812 E. Sixth St. broke ground in March, according to previous reporting. Construction is set to end in summer 2023.

Mark Odom Studio is architect. Cadence McShane Construction is the builder, Civilitude is civil engineer, Leap Structures is the structural engineer, and Nichols Engineering is handling mechanical, electrical and plumbing on the project.

The Bowerly to rise in Pflugerville

Wilson Capital plans to add 294 apartments to its multifamily portfolio with the construction of The Bowerly in Pflugerville.

The apartments will be spread across 10 three-story buildings at 100 Dessau Road, according to a filing with the Texas Department of Licensing and Regulation.

The one-, two- and three-bedroom apartments will range from 650 to 1,400 square feet, said Ty Wenglar, executive vice president of multifamily construction at Clark Wilson Builder, Wilson Capital’s general contractor arm.

Construction on the project is estimated to begin in February and be completed by Dec. 31, 2024, Winglar said.

The "ballpark cost" of the project is $48.7 million, Wenglar said, but stressed that those are only construction costs.

Clark Wilson Builder will serve as general contractor, and Houston-based Meeks + Partners is listed as designer on the TDLR filing.

Separately, Wilson Capital has floated plans to develop the tallest tower in Texas: the 80-story Wilson Tower at the Avenue Lofts site in downtown Austin.

Stillwater pursues industrial project

Industrial developments continue to spring up along the I-35 corridor.

The latest evidence is a project planned by Stillwater Capital Investments LLC to develop hundreds of thousands of square feet of industrial space in far South Austin, near Buda.

The three-building development could total 450,871 square feet, according to recent TDLR filings. But according to Stillwater’s website, the business park is planned to be 670,260 square feet at 13422 Old San Antonio Road, west of I-35.

According to the TDLR filings, building one is expected to be 181,817 square feet and cost $15.4 million. Building two would be 121,297 square feet and cost $11.3 million, and building three would be 147,757 square feet and cost $13.3 million.

Stillwater Capital Investments did not respond to requests for comment.

Construction is expected to begin next month and last through January 10, 2024.

Details in TDLR filings are sometimes preliminary and subject to change.

Goodrich Avenue plans floated

A four-story mixed-use development may rise near a busy South Austin street.

Documents filed with the city of Austin indicate that Heartwood Real Estate Group wants to develop the 0.4-acre site at 2130 Goodrich Ave., just off South Lamar Boulevard.

"Heartwood is in the very early stages of evaluating for a well-located site on South Lamar," Heartwood President Chris Affinito said in a statement. "Because it’s so early on in our process, and so many aspects are subject to change, that’s all we’re comfortable sharing at this time."

Plans filed in November with the city call for both office and retail space, along with on-site parking. A one-story office building currently stands at the address.

There is not yet an estimate for the construction timeline.

Kimley-Horn is attached to the project as engineer.

Heartwood was founded in 2021 and typically focuses on developing workforce housing. Its most recent project is an apartment community at 1418 Frontier Valley Dr., with half of the 101 units designated as affordable."


Source: Austin Business Journal 

Written by: Cody Baird

Published: December 5, 2022



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