Mar 15, 2019
Every river starts with a stream
AUSTIN – Stream Realty Group has broken ground on RiverSouth, a 15-story, 350,611-sf office high-rise at 401 S. 1st St., across Lady Bird Lake from downtown.Construction will wrap up on the 1.4-acre triangular...
AUSTIN – Stream Realty Group has broken ground on RiverSouth, a 15-story, 350,611-sf office high-rise at 401 S. 1st St., across Lady Bird Lake from downtown.
Construction will wrap up on the 1.4-acre triangular site in early 2021.
The project includes five underground and five above-ground levels of parking, ground-floor retail space, and nine office floors.
RiverSouth, which comes with $3.1 million for infrastructure improvements and community benefits, is in the South Central Waterfront Initiative. The plan is to replicate the density and walkability of downtown on the other side of Lady Bird Lake.
The development team includes design builder The Beck Group, Dwg, Big Red Dog Engineering, Cardno and MEJ & Associates. QuadReal Property Group is the equity partner.
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