AUSTIN--Northshore, a class A tower at the corner of 2nd Street and San Antonio Street in Austin, has officially topped out.
The 38-story tower, co-developed by Trammell Crow Co. (TCC) and The Hanover Co., along with capital partner, Pacific Life Insurance Co., will comprise 439 luxury residential units with one-, two- and three-bedroom residences. The project will feature an expansive pool deck on the 8th floor overlooking Lady Bird Lake, a fitness center and resident lounge, 24,000 square feet of boutique office space and 28,000 square feet of ground-floor retail.
“Northshore will be a balanced gathering place incorporating residential, office and retail/entertainment uses that will help continue the transformation of the southwest corner of downtown,” Adam Nims, principal with Trammell Crow Co., told GlobeSt.com. “Northshore is the first residential tower in a dynamic urban redevelopment that will ultimately encompass close to 1.8-million square feet of mixed-use projects where residents, employees, businesses and community interests will interact in an active, stimulating downtown environment. We are excited to have topped-out and are enthusiastic for Northshore's grand opening in 2016.”
The property's first units will be available for occupancy in early 2016, say reps for the development.
Denver-based educational company Galvanize has signed a lease for the entire office square footage. In addition, a local restaurant group has leased 6,800 square feet and another 8,000 square feet of retail is spoken for.
“Northshore will be the most highly amenitized residential building in downtown Austin, and is surrounded by all that make this city such a desirable place to live, work and play,” says David Ott, development partner with The Hanover Co.
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