Set to start on 179,000-SF Austin 5th+Colorado Tower

AUSTIN – Construction is set to begin on the 179,000-sf 5th+Colorado Tower at the corner of Fifth St. and Colorado St.

Lincoln Property Company (LPC) is developing the 18-story tower, which is scheduled to be completed in first quarter 2016.

The 5th+Colorado Tower will feature nine floors of office space above the eight-floor parking structure. Floor plates will be 19,000 sf, with the first floor featuring retail tenants.

Though tenants have not yet been announced, preleasing interest has been strong, according to Trish Williams, a vice president with LPC.