AUSTIN, TEXAS – Oct. 11, 2022 – Stream Realty Partners is set to break ground on a six-story office building in the highly sought-after, last major developable block in Core East Austin.
1400 East at 1400 E. Fourth St. will sit in the heart of one of Austin’s most walkable neighborhoods and is connected by the Lance Armstrong Bikeway and Austin’s Metrorail. Stream, a national real estate services, development, and investment firm, will partner with Barings, a leading investment firm based in Charlotte, North Carolina, on the venture. Construction is expected to kick off in early 2023, with final delivery in late 2024.
The building, designed by HKS, will have a striking curved façade and be built around a tenant-first office environment. Hospitality-influenced amenity management, a fitness center, bike valet, and smart building technology will amplify the employee work experience at 1400 East.
The project will deliver ample outdoor space, which will include private patios on each floor, a ground-floor paseo that connects directly to the Lance Armstrong bikeway, and the only rooftop patio in the area. A ground-floor café and marketplace restaurant are also planned.
“As we approached 1400 East and East Austin, we studied highly complex sustainable design in similar neighborhoods like SoHo, Fulton Market, and RiNo,” said Connor Greissing, Managing Director and Partner at Stream Austin.
“We found that within these successful projects, the design and office offerings were inextricably linked to delivering space that empowers employers to give their employees the best workplace experience imaginable. We, as owners, needed to identify those spaces for tenants to collaborate, connect, and concentrate during their day at 1400 East.
“When thinking through the amenities and floor plates, we took a unique approach to design, relying on direct, candid feedback from tenants in the CBD and East Austin. We plan to deliver exactly what today’s users want to create–an agile and versatile work environment. 1400 East will set a new standard for office space in East Austin.”
About Stream Realty Partners
Stream Realty Partners is a full-service commercial real estate firm with integrated offerings in leasing, property management, tenant representation, development, construction management, investment sales, and investment management services. Headquartered in Dallas, Stream is dedicated to sourcing acquisition and development opportunities for the firm and its clients. Since 1996, the company has grown to a staff of more than 1,200 professionals with offices in Atlanta, Austin, the Carolinas, Chicago, Dallas, Denver, Fort Worth, Houston, Greater Los Angeles, Nashville, Northern Virginia, Phoenix, San Antonio, and Washington, D.C. Stream completes more than $5.8 billion in real estate transactions annually and is an active investor and developer across the nation. Visit www.streamrealty.com.
Barings is a $349+ billion global investment manager sourcing differentiated opportunities and building long-term portfolios across public and private fixed income, real estate, and specialist equity markets. With investment professionals based in North America, Europe, and Asia Pacific, the firm, a subsidiary of MassMutual, aims to serve its clients, communities, and employees and is committed to sustainable practices and responsible investment. For information, visit www.barings.com.
HKS is a global firm of architects, designers, advisors, and makers driven by curiosity and devoted to creating places that combine beauty with performance. The firm’s 1,500 people in 26 offices are united by a shared culture and sense of purpose. For information, visit www.hksinc.com.
Brian J. Medricka
Stream Realty Partners
Director, National Communications, Public & Media Relations