Tivoli Sheds Major Space to Move Closer to IBM

AUSTIN-Tivoli Systems, the IBM Corp. software subsidiary, will begin moving into its 200,000-sf headquarters building in the first quarter. In the process, the company will vacate about 250,000 sf in four other buildings.

Work on the five-and-a-half-story building is wrapping up with furniture going in on the upper floors, interior construction being completed on the lower floors and landscaping outside, Austin campus project manager Julie Barr tells GlobeSt.com. The building is on the 50-acres north Austin campus of parent IBM.

Half of Tivoli’s Austin employees will occupy the new building and the rest, mainly development workers, will remain at the two buildings, with a total of 120,000 sf, in the Arboretum.

The building is to be part of a seven-building complex, but the second phase has been postponed because of the market conditions. It is to be a six-story, 150,000-sf office and data center plus a 35,000-sf cafeteria and 1,230-spot parking garage.

Tivoli began construction about a year ago behind a group of IBM buildings on Burnet Road. The company chose the site after a search that looked at property in Cedar Park and the Robinson Ranch, a tract at McNeil Road and Parmer Lane.

When Tivoli moves into its new building, it will leave four Bridgepoint Plaza buildings on Shepherd Mountain. Its leases at Bridgepoint II and V expire in February, but it will have 130,000 sf of sublease space in buildings III and IV, Barr says.

HOK Inc. of Dallas has designed the project, with Dallas-based The Beck Group securing the building contract. Gensler of Houston is the interior designer.

In addition to Austin, Tivoli has development sites in Raleigh, NC, Santa Clara, CA, Indianapolis and Rome.