Upcoming Brandywine Realty Project Set to Change Downtown Austin Skyline
A new 25-story office tower located at West Fourth and Colorado streets is bound to change the skyline of downtown Austin for the better very soon. We bring you the latest news from the hottest property development in an around the Austin area: Brandywine Realty Trust's 405 Colorado.
The 210,000-square-foot tower will stand about 366 feet tall. The specialists at Duda|Paine Architects will design the building. We can, therefore, expect a unique and savvy architectural design from this project, seeing as how the experts who designed the Frost Bank Tower will oversee its development.
Brandywine officials are acting mysterious about the new project as they decline to disclose info on price tags and declare that breaking ground is contingent on the leasing activity.
Diana Holford, senior vice president in Austin with JLL, a commercial real estate firm, said the tower “cannot be built fast enough.”
“The demand to be in Austin’s downtown market is at an all-time high and the supply of large blocks of new, well-located office space is at a historic low.”
-Diana Holford, JLL Vice President
405 Colorado will be built in downtown's Warehouse District where food & dining, shopping, and entertainment outlets are a mere stone's throw away. Promising 3,000 sq.ft. of ground floor retail space and 12 parking levels with about 530 spaces for tenant and public use, it's sure to be part of your downtown day trip as soon as the project is completed.
To read about the launch of this new project, you can access Shonda Novak's original news article here.