The joint ownership of the newest skyscraper in the downtown Austin, Texas, skyline recently announced reaching significant milestones. Construction of The Republic office tower at 401 W. Fourth St. has reached the 48th and final floor. The project is expected to reach its full height of roughly 700 feet in January. On track to open in mid-2025, The Republic will be the tallest pure office building in the city when the structure’s crown is placed.
Meanwhile, leasing at the property has reached 50% with the recent addition of a new full-floor tenant: Global law firm Pillsbury Winthrop Shaw Pittman LLP has signed a lease for 28,000 square feet of premier office space in downtown Austin and will occupy the entirety of the 32nd floor.
First opened in Austin in 2014, Pillsbury has grown to serve the needs of the increasing technology market in the state. The firm also serves clients in energy and natural resources; financial; life sciences and digital health; real estate and construction; and other dynamic industries. This recently signed lease marks the firm’s continuing expansion in Texas and comes on the heels of a recent move to a new space in Houston.
“We’re excited to relocate into The Republic, which offers a prime location, top-line amenities, and an overall more modern environment that better aligns with our sophisticated clients,” said Ed Cavazos, Pillsbury’s Austin office managing partner. “This move reflects our commitment to Austin, our people here and the many exciting tech companies that call this city home.”
The tower’s owner is a partnership between full-service real estate firm Lincoln Property Company, Dallas-based real estate company Phoenix Property Co., and San Francisco-based real estate investment firm DivcoWest.
“Many professional services companies view their workspace as key to attracting and retaining top talent,” said Lincoln Executive Vice President, Seth Johnston. “The Republic is a next-generation office building offering amenities at a scale and level of quality that’s unlike anything else in Austin today.”
Designed by Duda Paine Architects, the tower will offer sweeping views of Lady Bird Lake and a direct connection to the building’s historic namesake, Republic Square Park. In addition to being the only building that opens to a full block of park space in the Central Business District, every office floor of The Republic will include a private terrace. The project also features nearly 17,000 square feet of ground-floor retail space, including three restaurant spaces and a 20,000-square-foot public plaza with an outdoor bar. Furthermore, the amenity space slated to occupy the entirety of the 19th floor includes conference rooms; a fitness center and spin room; a club room with a lounge and bar; and a 25,000-square-foot, landscaped terrace covered by architectural shade canopies.
Amenities focused on the health and wellness of tenants and guests include touchless access technology, enhanced air-filtration systems, and the pursuit of WELL Health-Safety Rating and LEED Gold Certification.
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