Featured Illustration (above): Rendering of the Tower 5C mixed-use office tower planned for construction at Colorado and Fifth streets in the Warehouse District. Image: Gensler
By Edmond Ortiz
Austin (Travis County)–A 41-story, 468,232-square-foot downtown office high-rise has received the green light from the city’s Design Commission.
The commission voted May 18 to recommend that the Ryan Companies’ Tower 5C project is compliant with the city’s urban design guidelines.
Rendering of the ground floor entrance to the Tower 5C office high-rise at 415 Colorado St. Image: Gensler
VBX first reported on this project in December 2019. The developer requested a density bonus to raise the floor-to-area ratio for the tower, which will be located at 415 Colorado St.
The overall square footage will include 2,332 square feet of ground-level retail. There also will be an above-ground parking garage screened by a glass facade in such a way that none of the cars will be visible to passers-by.
In order to comply with the downtown density bonus program, the developer is required to provide streetscape improvements around the building perimeter.
Gensler is the project architect. Representatives with Gensler told commissioners that the developer envisions a restaurant occupying much if not all of the retail space, and a small cafe-type tenant inside the lobby.
Ground floor plan for the Tower 5C project. Image: Gensler
A Walmart technology office and the Lonesome Dove restaurant currently sit on the property.
While there’s no word yet on an estimated construction schedule, Ryan Companies representatives have indicated that work could begin early in 2021.
No information on an estimated construction cost or delivery method is available.
VBX members may track this project using ID number: 2019-8F73.
Edmond Ortiz is a lifelong San Antonian and a 20-plus-year veteran in local journalism, He previously worked full-time at the San Antonio Express-News, and has been freelancing for outlets such as the Rivard Report.