On the drawing board, but office tower fully leasedOn the drawing board, but office tower fully leasedhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=187702018-01-26T06:00:00Z2018-01-26T22:30:00Z

​​​​​​​​​The site of the proposed office tower, called 300 Colorado, at the northwest corner of Colorado and 3rd Streets.AUSTIN – Parsley Energy, a fast-growing oil and natural gas company, has signed a lease to occupy all of the office space in a 31-story high-rise planned for downtown.

The building’s developers said that Parsley Energy has signed a 12-year lease for 302,000 sf of space in the proposed tower.

Named 300 Colorado after its address, the building will cost about $175 million to construct.

According to plans, the tower will be 420 feet tall and have 18 floors of office space atop 13 levels of aboveground parking.

The developers anticipate starting construction on the new office building December 2018, with the tower due to be completed by December 2020.
Austin American-Statesman
Austin-Round Rock

​See also: Austin-Round Rock Office Market Research.

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