Austin, Texas, a city renowned for its dynamic skyline and bustling business scene, is about to witness a significant shift in its real estate scape. This change comes as ‘The Related Companies’ takes a bold step to deviate from its initial plan of building a hefty 475,000-sf office tower. Instead, the company now aims to erect a 17-story, 293-unit high rise known as ‘One Lady Bird Lake.’ This switch is a clear display of the evolving needs of the Austin community and an incredible statement of forward-thinking by the company.
The project design, as outlined by Kohn Pederson Fox, is a sight to behold. Occupying 3.3 acres in the South-Central Waterfront planning area, the project at 208 Barton Springs Road features not only regular apartments but luxurious condominiums as well. It promises to deliver approximately 86 condominiums and 207 apartments, offering a good mix for potential residents.
What sets One Lady Bird Lake apart is its plan to incorporate 14,000 sf of restaurant and retail space across the first three floors. This brilliant strategy ensures residents enjoy the convenience of having numerous amenities within reach, further making the project an attractive investment and residence option.
This development reflects the increased demand for comprehensive living solutions, signifying a new age in Austin real estate. It’s a clear departure from traditional standalone properties.
For more details, refer to the [original article](https://www.recenter.tamu.edu/news/newstalk-texas/?Item=29780).