Revamp of 111 Congress Likely to Attract Tenant

One Eleven has one more floor available of up to 23,142 square feet.

AUSTIN, TX—The 30-story tower’s exterior at 111 Congress features a stair-stepped pyramid design with a red granite facade, perhaps one of the most distinctive structures on the skyline. And, what’s soon to be on its lower level may be its biggest attraction for not only visitors to the area, but an incoming tenant. The building has one more floor available of up to 23,142 square feet within its 518,385 square feet of total space. Prominently located at Cesar Chavez Street and Congress Avenue in downtown, One Eleven Congress provides easy access to the state capitol, Lady Bird Lake, Second Street retail district, and numerous hotels and restaurants. The adjacent parking garage provides 861 spaces and is connected by an underground walkway. On-site amenities include a conference center, deli, full-service bank and drive-through, ATM, overnight courier drop box, fitness center and salon. Andrew Smith senior vice president of Lincoln Property Company tells GlobeSt.com in this exclusive : “One Eleven is undergoing a major redevelopment of the lower level and outdoor plaza, which will transform the building and create the premier work/play environment in the CBD. The ninth floor vacancy provides a great opportunity for a tenant to take full advantage of One Eleven’s new amenity package which includes a newly renovated fitness center. We recently brought the space back to its original shell condition offering exposed ceilings, concrete columns and flooring. It would be ideal for a creative user and features an efficient 23,000-square-foot floorplate with spectacular views of Lady Bird Lake. With the coming addition of Fareground , this is a space that will provide the ultimate work/play experience in downtown Austin.” The revitalized plaza space offered at Fareground at 111 Congress resulted from a careful study of market dynamics and the realization that it risked functional obsolescence. This led to Parkway Properties ‘ decision to transform the plaza and lobby of One Eleven Congress into an urban park, civic space and food marketplace that will attract Austinites, out-of-towners and tenants alike. Located at the corner of Congress Avenue and Second Street, Fareground is inspired by the idea that to make a place everyone wants to go, there must be something for everyone. Part park, part eatery hall, Fareground will feature a food court with local vendors, outdoor eating areas, green space and a small amphitheater under heritage oak trees for live music and events.