Ivanhoé Cambridge and Greystar Break Ground on 1121 at Symphony Square

Ivanhoé Cambridge, a global real estate leader, and Greystar have broken ground on 1121 at Symphony Square, the office component of their new Symphony Square mixed-use development in downtown Austin, Texas that will also house a 32-story residential tower, The Waller, which is already under construction. This complex will truly embody live, work, and play.

Located at the corner of 12th and Red River Streets, 1121 at Symphony Square will be in the heart of the burgeoning Austin Innovation District, across the street from the landmark Waterloo Park and Moody Amphitheater. The seven-story office building will include 170,000 square feet of cutting-edge office space spread across seven floors, along with 5,000 square feet of retail and restaurant space on the ground level.

Created with today’s workforce in mind, 1121 at Symphony Square will foster creativity by offering flexible work environments and unique open-air spaces that accommodate solo or collaborative work, and even lab spaces. It will also feature places to recharge, such as a 6,000-square-foot, view-filled roof deck on the fifth floor exclusively for tenant use; private balconies on floors 1-4; and end-of-trip facilities including a bike storage room to cultivate tenant wellbeing. The distinctive and aesthetically appealing building also has a strong focus on sustainability, including pursuing LEED Gold certification.

Office tenants at 1121 at Symphony Square will also enjoy elevated amenities shared with The Waller next door. Via a bridge on the building’s fifth floor, tenants will be able to access a two-story fitness center equipped with turf lawn, a lap pool, locker rooms, and a yoga room. A lounge and ground-floor coffee shop will also be offered to tenants.

“Ivanhoé Cambridge is happy to bring its vision of the creative office of the future to life in Austin with 1121 at Symphony Square,” said Jonathan Pearce, Executive Vice President, Leasing and Development, at Ivanhoé Cambridge. “Amenities such as the terrace, fitness center, and pool deck will offer a unique indoor-outdoor experience that promotes wellness. Our future customers will undoubtedly benefit from a vibrant and creative working environment that fosters a sense of community and collaboration, as well as drives productivity and connects them to Austin’s rich culture.”

“1121 at Symphony Square presents a remarkable opportunity for a tenant looking to attract and inspire top talent,” says Greystar Director of Development Matt Stevenson. “The connection to the Greenway and proximity to Waterloo Park combine with the location in the Innovation District and unmatched collection of amenities to make this unlike any other project in Austin.”

The building was designed by R2L:Architects with interiors from Austin-based Page and landscape architecture by TBG Partners, Ivanhoé Cambridge and Greystar expect 1121 to be ready for occupancy in the spring of 2023.