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​​​​AUSTIN – ​Cielo Property Group has broken ground on The Foundry, a three-story office and condominium project​.

The development will include 76,000 sf of office space and 17 condos, 11 of which are under contract. 

DPR Construction, the project's general contractor, has preleased 30,000 sf of the office space.

Sixthriver Architects designed the building, which is scheduled to open in March 2019. Independent Bank provided construction financing. CBRE will handle leasing.