Cosmos in Austin, TX

Highpoint is a $610,000,000 renovation project located at 6801 River Place Boulevard in Austin, Texas. The filing describes tenant improvements for a business occupancy within four sectors of an existing five-story campus building. The scope includes Level 03 structural reinforcement, new interior partitions, ceiling and lighting upgrades, restroom renovations, and modifications to mechanical, electrical, and plumbing systems as well as IT infrastructure.

The project covers 234,000 square feet of space. Karlin River Place LLC is the owner of record, while M. Arthur Gensler Jr. & Associates, Inc. is the design firm. David C Deming is the registered accessibility specialist for this work.

Timeline and Status

TDLR completed plan review in May 2026 and construction is scheduled to finish in April 2027, with work starting March 2026. The project was registered with the Texas Department of Licensing and Regulation in December 2025. City of Austin permit records show at least 25 permits on file at this street address, with the most recent issued between May 2026 and August 2026. These permits include electrical, building, and plumbing work, as well as commercial expedited reviews for interior remodels.

This renovation is significantly larger than typical projects in the region. The estimated cost is above the county median for renovation and alteration filings. The scheduled build window of 396 days is longer than the county median of 98 days. The cost per square foot is also above the county median. The design firm has other registered projects in Texas, including work in Dallas and Houston, but this Austin project is one of the largest in scope and value.

Third-party sources describe Highpoint as a transformation of the former 3M campus in Northwest Austin. A post by The Business Journals noted that Karlin Real Estate’s renovated campus could have its first tenant. PageThink described the project as transforming the future of work in the area. Field Control Analytics mentioned that Karlin Real Estate LLC is set to reshape the landscape of Northwest Austin. These descriptions align with the large-scale tenant improvements and structural changes detailed in the TDLR filing.

The surrounding area includes other registered renovation projects, such as Building 3, River Place 6, and McDonald’s USA. Local businesses near the site include medical practices and law firms. The ZIP code 78726 has a median household income of $92,275 and a median owner-occupied home value of $648,500, according to U.S. Census estimates. Travis County’s unemployment rate was 4 percent in June 2026, higher than a year earlier.