Ivanhoé Cambridge, a global real estate leader, and Greystar have broken ground on 1121 at Symphony Square, the office component of their new Symphony Square mixed-use development in downtown Austin, Texas, that will also house a 32-story residential tower, The Waller, which is already under construction. This complex will embody live, work and play.
Located at the corner of 12th and Red River Streets, 1121 at Symphony Square will be in the heart of the Austin Innovation District, across the street from the landmark Waterloo Park and Moody Amphitheater. The seven-story office building will include 170,000 square feet of office space spread across seven floors, along with 5,000 square feet of retail and restaurant space on the ground level.
Created with today’s workforce in mind, 1121 at Symphony Square will foster creativity by offering flexible work environments and open-air spaces that accommodate solo or collaborative work, and even lab spaces. It will also feature places to recharge, such as a 6,000-square-foot view-filled roof deck on the fifth floor exclusively for tenant use, private balconies on floors 1-4, and end-of-trip facilities including a bike storage room to cultivate tenant wellbeing. The distinctive and aesthetically appealing building also has a strong focus on sustainability, including pursuing LEED Gold certification.
Office tenants at 1121 at Symphony Square will also enjoy elevated amenities shared with The Waller next door. Via a bridge on the building’s fifth floor, tenants will be able to access a two-story fitness center equipped with turf lawn, a lap pool, locker rooms, and a yoga room. A lounge and ground-floor coffee shop will also be offered to tenants.
The building was designed by R2L:Architects with interiors from Austin-based Page and landscape architecture by TBG Partners. Ivanhoé Cambridge and Greystar expect 1121 to be ready for occupancy in Spring 2023.