{"id":1004575388,"date":"2022-04-07T03:59:04","date_gmt":"2022-04-07T11:59:04","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004575388"},"modified":"2022-12-08T15:02:44","modified_gmt":"2022-12-08T23:02:44","slug":"ivanhoe-greystar-kick-off-downtown-austin-project","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/ivanhoe-greystar-kick-off-downtown-austin-project\/","title":{"rendered":"Ivanho\u00e9, Greystar Kick Off Downtown Austin Project"},"content":{"rendered":"\n<div class=\"wp-block-jetpack-slideshow aligncenter\" data-effect=\"slide\"><div class=\"wp-block-jetpack-slideshow_container swiper-container\"><ul class=\"wp-block-jetpack-slideshow_swiper-wrapper swiper-wrapper\"><li class=\"wp-block-jetpack-slideshow_slide swiper-slide\"><figure><img loading=\"lazy\" decoding=\"async\" width=\"1196\" height=\"897\" alt=\"\" class=\"wp-block-jetpack-slideshow_image wp-image-1004575390\" data-id=\"1004575390\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/04\/1121-Symphony-Square-HERO-e1649327382156.jpeg?w=696\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/04\/1121-Symphony-Square-HERO-e1649327382156.jpeg 1196w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/04\/1121-Symphony-Square-HERO-e1649327382156.jpeg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/04\/1121-Symphony-Square-HERO-e1649327382156.jpeg?resize=768,576 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/04\/1121-Symphony-Square-HERO-e1649327382156.jpeg?resize=1024,768 1024w\" sizes=\"(max-width: 1196px) 100vw, 1196px\" \/><figcaption class=\"wp-block-jetpack-slideshow_caption gallery-caption\">1121 at Symphony Square. All renderings courtesy of Ivanho\u00e9 Cambridge<\/figcaption><\/figure><\/li><li class=\"wp-block-jetpack-slideshow_slide swiper-slide\"><figure><img loading=\"lazy\" decoding=\"async\" width=\"1735\" height=\"1300\" alt=\"\" class=\"wp-block-jetpack-slideshow_image wp-image-1004575389\" data-id=\"1004575389\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/04\/1121-Symphony-Square-FITNESS-e1649327345487.jpg?w=696\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/04\/1121-Symphony-Square-FITNESS-e1649327345487.jpg 1735w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/04\/1121-Symphony-Square-FITNESS-e1649327345487.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/04\/1121-Symphony-Square-FITNESS-e1649327345487.jpg?resize=768,575 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/04\/1121-Symphony-Square-FITNESS-e1649327345487.jpg?resize=1024,767 1024w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/04\/1121-Symphony-Square-FITNESS-e1649327345487.jpg?resize=1536,1151 1536w\" sizes=\"(max-width: 1735px) 100vw, 1735px\" \/><\/figure><\/li><li class=\"wp-block-jetpack-slideshow_slide swiper-slide\"><figure><img loading=\"lazy\" decoding=\"async\" width=\"1203\" height=\"902\" alt=\"\" class=\"wp-block-jetpack-slideshow_image wp-image-1004575393\" data-id=\"1004575393\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/04\/1121-Symphony-Square-LOBBY-1-e1649327452749.jpg?w=696\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/04\/1121-Symphony-Square-LOBBY-1-e1649327452749.jpg 1203w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/04\/1121-Symphony-Square-LOBBY-1-e1649327452749.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/04\/1121-Symphony-Square-LOBBY-1-e1649327452749.jpg?resize=768,576 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/04\/1121-Symphony-Square-LOBBY-1-e1649327452749.jpg?resize=1024,768 1024w\" sizes=\"(max-width: 1203px) 100vw, 1203px\" \/><\/figure><\/li><li class=\"wp-block-jetpack-slideshow_slide swiper-slide\"><figure><img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"900\" alt=\"\" class=\"wp-block-jetpack-slideshow_image wp-image-1004575394\" data-id=\"1004575394\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/04\/1121-Symphony-Square-RETAIL-1-e1649327481444.jpg?w=696\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/04\/1121-Symphony-Square-RETAIL-1-e1649327481444.jpg 1200w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/04\/1121-Symphony-Square-RETAIL-1-e1649327481444.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/04\/1121-Symphony-Square-RETAIL-1-e1649327481444.jpg?resize=768,576 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/04\/1121-Symphony-Square-RETAIL-1-e1649327481444.jpg?resize=1024,768 1024w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/figure><\/li><\/ul><a class=\"wp-block-jetpack-slideshow_button-prev swiper-button-prev swiper-button-white\" role=\"button\"><\/a><a class=\"wp-block-jetpack-slideshow_button-next swiper-button-next swiper-button-white\" role=\"button\"><\/a><a aria-label=\"Pause Slideshow\" class=\"wp-block-jetpack-slideshow_button-pause\" role=\"button\"><\/a><div class=\"wp-block-jetpack-slideshow_pagination swiper-pagination swiper-pagination-white\"><\/div><\/div><\/div>\n\n\n<p>A joint venture between <strong>Ivanho\u00e9 Cambridge <\/strong>and <strong>Greystar <\/strong>has broken ground on 1121 at Symphony Square, an office project totaling 175,000 square feet in downtown Austin, Texas. The seven-story building will be part of the mixed-use Symphony Square, home to The Waller, an under-construction residential tower that will reach 32 stories.<\/p>\n<p>While AIG provided an $84.4 million construction loan for The Waller, according to CommercialEdge data, the partnership also relied on a self-financing option. Ivanho\u00e9 Cambridge provided a $54 million three-year loan for the office development, according to Travis County records. The note also includes a one-year extension option.<\/p>\n<h2>A LEED Gold certified office for Austin&#8217;s Innovation District<\/h2>\n<p><strong>R2L: Architects<\/strong> is the designer of the project, with plans to achieve LEED Gold certification. The development team also includes two locally-based companies: <strong>Page<\/strong>, heading the interior design, and <strong>TBG Partners, <\/strong>serving as the landscape architect.<\/p>\n<p>The owners anticipate delivering the project by spring 2023.&nbsp;The office building will take shape at 1121 Red River St. within the Austin Innovation District and will offer 170,000 square feet of office space with flexible work and lab spaces. The development will also have a ground-floor retail space totaling 5,000 square feet.<\/p>\n<p>Amenities for 1121 at Symphony Square encompass a 6,000-square-foot roof deck on the fifth floor, private balconies on the floors below, and bike storage, among other end-of-trip facilities. Office tenants will also have access to the neighboring residential tower\u2019s amenities via a connecting bridge on the office building\u2019s fifth floor. These include a two-story fitness center, a lap pool, locker rooms and a yoga room. A <span style=\"color: initial\">lounge and ground-floor coffee shop will also be available to tenants.<\/span><\/p>\n<p>Recently, another partnership, Carr Properties and Manifold Development announced plans for a 738,000-square-foot office high-rise in Austin&#8217;s CBD. The Gensler-designed building dubbed <a href=\"https:\/\/www.commercialsearch.com\/news\/carr-properties-jv-to-break-ground-on-austin-tower\/\">Block 16<\/a> is expected to be delivered in 2026.<\/p>\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Situated in the Austin Innovation District, the office building is scheduled to open in 2023.<\/p>\n","protected":false},"author":1763,"featured_media":1004575390,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1578,21782,21742,21747],"tags":[33181,33565,51565],"class_list":["post-1004575388","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-austin","category-development","category-latest","category-office","tag-greystar","tag-ivanhoe-cambridge","tag-tbg-partners"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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