JMI Realty in Austin, TX

Cousins Properties completed a 1,327-square-foot office renovation at 111 Congress Ave, Suite 800, in Austin’s Warehouse District. The project, filed under the name JMI Realty, involved minimal demolition and the relocation and reuse of interior office storefronts, along with the addition of new ones. The estimated cost for this alteration was $74,000. TDLR closed the project file in April 2024, marking the end of the accessibility review process for this construction.

Project Scope and Design

Stephanie Knapp is listed as the owner of record for this privately funded project. STG Design served as the design firm of record, overseeing the interior changes. The work focused on updating the office layout within the existing structure. The scope included selective demolition and the construction of new interior elements to improve the flow and functionality of the space. This type of renovation is common in the Austin market, where businesses frequently update older office spaces to meet modern standards.

The construction timeline was relatively short, with a scheduled build window of 84 days. This duration is close to the county median of 98 days for similar renovation and alteration filings in Travis County. The cost per square foot was $56, which is below the county median of $103 for comparable projects. These figures suggest an efficient and cost-effective approach to updating the office interior.

Location and Context

The site is located in Travis County, within the Warehouse District neighborhood. This area is known for its mix of commercial and residential properties. According to U.S. Census ACS 2023 five-year estimates for ZIP 78701, the median household income is $154,867, and the median owner-occupied home value is $653,600. The area has a population of about 11,114 residents, with an even mix of owner- and renter-occupied housing units.

Stephanie Knapp has been involved in five other TDLR-registered projects in Austin, totaling $2,258,997. These include renovations at Cousins Properties, Cousins, 111 Congress, San Jacinto Center, and SAN Jacinto Center. STG Design has also worked on six other projects in the area, including 300 West Sixth, Terrace 1, and Colorado Tower. The presence of these projects indicates a consistent pattern of investment and development in the Austin commercial real estate market.

City of Austin permit records show at least 25 permits on file at this street address. The most recent permits include electrical, building, mechanical, and plumbing work. These records reflect ongoing maintenance and updates to the building, which is typical for a multi-tenant office complex in a historic part of downtown Austin.