Report: Company plans to build tallest tower at estate

A new 26-storey office tower is under construction at the Domaine.

AUSTIN, Texas— Editor’s Note: The above report on Amazon’s expansion into the domain was first released in December 2021.

The landscape of the estate changes as plans indicate that a new 26-story tower is in the works for the area, according to a report speak Austin Business Journal.

Cousins ​​Properties Inc., which already has an extensive portfolio of properties at The Estate, is looking to create an Officers Tower in the area. Known as Domain Central 1, the 26 floors will include 13 office levels, 13 above-ground parking levels and three underground parking levels.

When completed, the tower will have 456,000 square feet of rental space, over 10,000 square feet of retail space, a 12,000 square foot amenity floor, and each office floor will have its own 2,000 square feet.

With height and square footage, the new tower would be the tallest and tallest building on the estate, according to the report. The tower is estimated at $143 million, but prices could change.

The development site is a parking lot at 3008 Esperanza Crossing, next to the Domain 4 office building.

A construction start date is still undetermined at this time. The ABJ said filings showed construction would start in November and finish in June 2025, but in an earnings call on July 29, company executives said construction may not start. this year as material and construction costs have increased.

Cousins ​​Properties also plans to redevelop office buildings in Estates 3 and 4, according to the report. These office buildings could eventually be redeveloped into office towers instead of the low-rise office buildings currently in place.

Learn more about the company’s plans for The Domain by visiting the Austin Business Journal website.

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