Two new high-rise towers are on the drawing board for downtown Austin. The buildings could total over 1.64 million square feet of space — roughly equivalent to three Frost Bank office towers. That square footage would be situated on a city block that Austin-based real estate developer Cielo Property Group plans to develop near the Austin Convention Center.
Bobby Dillard, co-founder and co-CEO of Cielo Property Group, stated that “Downtown continues to lure marquee companies, but it’s difficult for many of these businesses to find office space downtown that’s large enough to meet their needs. By developing an entire city block, we can provide companies with more space, greater flexibility, and unique onsite amenities that can be shared by the two buildings.”
Read more about the project on Culture Map Austin.