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Downtown Austin gaining new 46-story tower, sky garden

A rendering of the 46-story Perennial office tower planned to open in 2025. (TMRW.SE)

Cielo Property Group plans to break ground on a 46-story office building in downtown Austin this summer, making it the first of two adjacent high rises coming to the downtown block east of the Frost Bank Tower.

The newest tower, adding to the "glass fortress" aesthetic shaping the Austin skyline, has been named Perennial and will have 750,000 square feet with 100,000 of it landscaped outdoor space. Construction will start late this summer and the project is scheduled to be completed in late 2025.

Perennial's ground floor paseo. (TMRW.SE)

People walking downtown can enjoy a public paseo on the ground floor that will include a 28-foot waterfall spilling into a sunken garden. Then, the first three floors of the building will have restaurants, entertainment and wellness-focused retailers overlooking a pedestrian alley.

Every floor of the Perennial will feature outdoor space with plant life. (TMRW.SE)

Other amenities include a Sky Garden for tenants with 360-degree views 200 feet above downtown. Plus a 500-person gathering space, private meeting rooms, a walking trail, and food and beverage services. On each office floor, a 1,200-to-4,500 square-foot balcony will be available for workers to take in downtown views.

The 30,000-square-foot Sky Garden, which includes gathering space. (TMRW.SE)

Last year, Austin-based Cielo purchased the 0.81-acre office building site along Fourth Street between Brazos Street and San Jacinto Boulevard, and in early 2020, the company acquired the northern end of the same block along Fifth Street.

The Sky Garden will provide views from high up. (TMRW.SE)

Cielo Co-Founder Bobby Dillard gushed over the company’s new home, saying “there’s simply nothing like this building in the Austin office market today.”

“The needs and priorities of companies and their workers have changed significantly over the last two years and people are placing a higher priority on wellness,” Dillard said. “The Perennial is designed to make the office a place where workers want to be because it provides a healthy and engaging environment where they can do their best work.”

Rendering of office space. (TMRW.SE)

The northern end of the block can accommodate a high-rise of up to 886,200 square feet. So far, the developer hasn't made a proposal. While Cielo originally considered building a second office tower on the site, it's now working on plans for a residential and hotel high-rise instead to make way for more nighttime and weekend activity on the downtown block.

“The downtown Austin office market is recovering faster than anyone imagined, but the more we studied the market and this site, the more we felt that a true, integrated mixed-use development on this block was better for the Perennial and the surrounding downtown neighborhood,” Dillard said.

Exterior of Perennial. (TMRW.SE)

The Perennial team has aims for it to be one of the tallest and most sustainable office buildings in Austin, with a goal for sustainability certifications of LEED-Platinum and Well-Platinum status. The project team includes interior Design from Austin-based Michael Hsu Office of Architecture and Civil Engineers Garza EMC. Plus other local firms for leasing and general contracting.

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