500 West 2nd Street
A 29 story, 500,436-square-foot office tower including 11,000 square feet of ground-floor retail space.
Location
Product Type
Timeline
Project Completion: May 2017
Overview
TCC and joint venture partner Principal Real Estate Investors developed 500 West 2nd Street, an office tower in downtown Austin. The Class A speculative tower features 490,000 square feet of office space and 11,000 square feet of ground-floor restaurant/retail space. The building was completed in May 2017. 500 West 2nd Street is the second of four parcels developed by TCC as part of its partnership with the City of Austin to bring new vibrancy and land uses to downtown Austin and the emerging Seaholm Development District.
Located directly north of the first phase of the Green Water Treatment Plant (GWTP) project, and bounded by San Antonio Street, Nueces Street and 2nd Street, the location offers unmatched proximity to restaurants, retail, entertainment, residences and outdoor amenities, like the Ann and Roy Butler Hike and Bike Trail. Floor plates in the office tower are among the largest in downtown Austin, averaging approximately 32,500 square feet. Seven outdoor terraces on six different levels throughout the building offer tenants unique amenity spaces with unparalleled views of Lady Bird Lake, the Hill Country and downtown. Building on the success of the 2nd Street District, the ground-floor restaurant/retail space is designed to offer high ceilings and outdoor/sidewalk dining opportunities. The building features two parking levels below grade and 12 levels above grade with access from both San Antonio and Nueces Streets.
The lobby of 500 West 2nd Street includes a two-story, 26-foot tall frame-less glass wall with modern finishes bringing the natural environment and vibrancy of 2nd Street into the lobby.
A portion of the 14th floor serves as tenant amenity space with a highly flexible 8,628-square-foot conference center and great room including a 2,739-square-foot outdoor terrace overlooking Lady Bird Lake. In addition, the building will offer tenants an expansive, modern fitness center with locker rooms and showers on the mezzanine level.
500 West 2nd Street also features Austin’s first elevator destination control system optimized for people flow and designed to save time with added efficiency.
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