New 48-story office tower set to be an extension of Republic Square

A 48-story office tower that will include a public plaza, restaurants and retail is set to break ground in the coming weeks across from Republic Square.

Known as The Republic, the building has secured its first major tenant who developers say will have an opening to a full block of park space and a private terrace on each office floor.

The developer, Lincoln Property, boasted about how the building will allow visitors to be “immersed in the beauty of our city.”

“The building represents Austin’s spirit and dynamic lifestyle—and we believe The Republic will be a modern hub for top talent,” said Seth Johnston, Senior Vice President of Lincoln Property.

Office space downtown has been booming this year as workers return to the office at a growing pace. The Republic’s developer’s noted that the tower is prime for a new corporate headquarters or companies looking to expand to the capital city. As Austin carries its reputation as a tech hub, developers are also eying certain designs that are high in light and nature to draw tenants.

The Republic will feature a 19th floor amenity level with indoor and outdoor space that includes conference rooms, fitness center and spin room, club room with a lounge and bar and an outdoor terrace covered by shade canopies. Plus “sweeping views” of Lady Bird Lake.

The building’s developers noted the downtown grid was established when Austin’s first land lots were sold at Republic Square in 1839. Their way of building on that legacy is through the green public plaza that will act as an extension of the park.

More amenities include those for bikers, who will have access to a private elevator that leads to a secure storage space for 350 bicycles and a spa-quality locker room with showers.

Lincoln, headquartered in Dallas with offices in Austin, has had a downtown focus with projects like Sixth and Guadalupe, 5th + Colorado and 100 Congress. Along with co-developer Phoenix Property Company, Lincoln partnered with San Francisco-based DivcoWest on this latest tower.

DivcoWest Senior Managing Director Michael Provost said this project was particularly compelling given the park and outdoor amenity space.

“DivcoWest continues to make Austin a key part of its long-term investment strategy given the city’s tremendous job and population growth, ability to attract a talented workforce, and long-term focus on sustainability and green space,” Provost said.