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43-story office tower coming to downtown Austin

A rendering of Block 16, which has an expected completion in spring 2026. (Gensler)

A 43-story office tower is coming to downtown Austin, adding to the slew of announcements of high rises and other developments rapidly shaping the skyline.

Known as Block 16, the latest one is at the intersection of San Jacinto Boulevard, Trinity and Second streets. With up to 738,000 square feet, future tenants will get to take advantage of a fitness facility, multiple meeting areas and dining options.

Carr Properties, the developers who moved into the Austin market last year with the acquisition of the building at 100 Congress Avenue, says the tower will be designed with sustainability and wellness features in mind. That includes an indoor air quality approach to maximize health along with 10-foot floor-to-ceiling windows and designs on each floor for access to light and air.

With the project available for preleasing and an expected completion in spring 2026, Carr boasts proximity to a coming rail station and easy access to the Central Business District, Rainey Entertainment District and Lady Bird Lake.

Manifold Development will work as Carr’s local partner on the project. President Tyler Grooms expressed excitement about the partnership, saying “I think we have a real opportunity to deliver a project of world-class design with incredible amenities that best meets the needs of today’s ever-changing work environment.”

Dallas-based CBRE has been brought on as the leasing brokers, and they say the building is a best-in-class trophy asset.

“As Austin continues to generate the strongest office demand in the country, the emphasis has been on a ‘flight to quality, especially in the urban core,” said Troy Holme, Executive Vice President at CBRE.

Other recent development announcements in downtown include a 675-foot tower on W. Sixth St., a 65-story tower with luxury hotel rooms and condos and another on Red River St. that could become the tallest tower in Texas.


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