Funding type
This project is privately funded, on private land for private use.
Innovation Tower Level 10 Common Areas and Suites 1000, 1010, 1020, 1030, 1040, 1050 and 1060 in Austin, TX
1300 Red River St, Austin, TX, 78701
Innovation Tower Level 10 Common Areas and Suites 1000, 1010, 1020, 1030, 1040, 1050 and 1060 is a renovation/alteration project at 1300 Red River St, Austin, in Travis County, TX, tracked from its Texas Department of Licensing and Regulation (TDLR) registration. Under construction, estimated completion Aug 2027. The project has an estimated value of $3.5M across about 27,861 sq ft.
- Estimated project value
- $3.5M
About this figure
Estimated construction cost supplied in the TDLR filing. This is not a current property appraisal or a final construction invoice.
- Reported floor area
- 27,861 ft²
About this figure
Square footage reported for this scope of work. It may cover only part of a larger property.
- Estimated cost / ft²
- $126/sqft
About this figure
Calculated from this filing’s estimated cost divided by its reported square footage. Available only when both figures are supplied; it is not a market benchmark.
- Scheduled duration
- 1 year
About this figure
The interval between the filed start and completion dates. These dates describe the proposed schedule and do not measure actual construction progress.
The project record
Project timeline
Explore filed milestones and scheduled dates. Open a milestone for its source.
4 timeline dates shown.
Project registered · TDLR filing
Registration of the project with the Texas Department of Licensing and Regulation.
Source: TDLR filing
View source recordReview complete · TDLR filing
The filing records completion of the accessibility review.
8 days after the preceding date shown.
Source: TDLR filing
View source recordScheduled construction start · Scheduled date
A date supplied in the filing; this does not confirm that work started or finished.
31 days after the preceding date shown.
Source: TDLR filing
View source recordScheduled completion · Scheduled date
A date supplied in the filing; this does not confirm that work started or finished.
365 days after the preceding date shown.
Source: TDLR filing
View source record
📰About Innovation Tower Level 10 Common Areas and Suites 1000, 1010, 1020, 1030, 1040, 1050 and 1060
Innovation Tower at 1300 Red River St in Austin is undergoing a $3,500,000 renovation focused on tenant finish-out work on level 10. The project spans 27,861 sq ft and is scheduled to finish in August 2027, with construction starting in August 2026. TDLR completed plan review in July 2026, confirming the status as Review Complete.
The scope of work involves multiple suite tenant finish-outs on the tenth floor. This specific alteration is part of a broader development effort by The 2033 Higher Education Development Foundation, which has two other closed TDLR-registered projects in Austin totaling $1,573,000. Studio 8 Architects serves as the design firm of record, a team that has managed six other registered projects in the region with a combined value of $27,042,000.
Project Scale and Cost Context
At $126 per square foot, the estimated cost is above the Travis County median of $103 for renovation and alteration filings. The total estimated cost of $3,500,000 places this project in the top quarter of county medians, which stand at $297,842. The scheduled build window of 365 days is longer than the county median of 98 days for similar work types.
City of Austin permit records show at least 25 permits on file at this street address, with the most recent issued between November 2024 and September 2026. Recent permit types include electrical, building, mechanical, and plumbing work. Specific permits listed describe dividing Floor 10 into seven spec suites, aligning with the TDLR filing scope for tenant finish-out activities.
The surrounding ZIP code 78701 has a population of about 11,114 and a median household income of $154,867, according to U.S. Census ACS 2023 five-year estimates. Travis County reported an unemployment rate of 3.9 percent in July 2026, providing a snapshot of the local labor market during the project's active construction phase.
Review Complete
Design review complete, construction may proceed
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Innovation Tower Level 10 Common Areas and Suites 1000, 1010, 1020, 1030, 1040, 1050 and 1060 is a Renovation/Alteration project located at 1300 Red River St, Austin, TX 78701 in Austin, Texas. The project has an estimated value of $3.5M covering 27,861 sq ft. The 2033 Higher Education Development Foundation is the property owner and Studio 8 Architects is the design firm of record. The project was registered with TDLR on June 23, 2026.
Frequently Asked Questions
When is the construction scheduled to end?
The project is scheduled to finish in August 2027. Construction is set to start in August 2026, following the completion of TDLR plan review in July 2026.
What is the specific scope of work?
The filing describes multiple suite tenant finish-out work on level 10 of the building. This involves interior alterations and finishes for specific tenant spaces on that floor.
Who is the owner and design firm?
The 2033 Higher Education Development Foundation is the owner of record. Studio 8 Architects is the registered design firm managing the project.
How does the cost compare to local averages?
The $3,500,000 estimated cost is above the Travis County median for renovation filings. The $126 per square foot cost is also above the county median of $103.
What is Innovation Tower Level 10 Common Areas and Suites 1000, 1010, 1020, 1030, 1040, 1050 and 1060?
Innovation Tower Level 10 Common Areas and Suites 1000, 1010, 1020, 1030, 1040, 1050 and 1060 is a renovation/alteration project at 1300 Red River St in Austin, Texas, registered with the Texas Department of Licensing and Regulation (TDLR). Scope of work: Multiple suite tenant finish out on level 10 of building.
Is Innovation Tower Level 10 Common Areas and Suites 1000, 1010, 1020, 1030, 1040, 1050 and 1060 open in Austin?
Innovation Tower Level 10 Common Areas and Suites 1000, 1010, 1020, 1030, 1040, 1050 and 1060 is still under construction in Austin, TX, with an estimated completion of Aug 2027 according to its TDLR registration.
Where is Innovation Tower Level 10 Common Areas and Suites 1000, 1010, 1020, 1030, 1040, 1050 and 1060 located?
Innovation Tower Level 10 Common Areas and Suites 1000, 1010, 1020, 1030, 1040, 1050 and 1060 is located at 1300 Red River St, Austin, TX, 78701, in Travis County.
Who is the owner or developer of Innovation Tower Level 10 Common Areas and Suites 1000, 1010, 1020, 1030, 1040, 1050 and 1060?
The 2033 Higher Education Development Foundation is the property owner/developer of record for Innovation Tower Level 10 Common Areas and Suites 1000, 1010, 1020, 1030, 1040, 1050 and 1060, per its TDLR project registration.
Who is the architect or design firm for Innovation Tower Level 10 Common Areas and Suites 1000, 1010, 1020, 1030, 1040, 1050 and 1060?
Studio 8 Architects is the design firm of record for Innovation Tower Level 10 Common Areas and Suites 1000, 1010, 1020, 1030, 1040, 1050 and 1060, according to its TDLR filing.
How much does Innovation Tower Level 10 Common Areas and Suites 1000, 1010, 1020, 1030, 1040, 1050 and 1060 cost and how big is it?
Innovation Tower Level 10 Common Areas and Suites 1000, 1010, 1020, 1030, 1040, 1050 and 1060 has an estimated construction value of $3.5M and approximately 27,861 square feet (about $126/sqft), based on its TDLR filing.
Scope of Work
Multiple suite tenant finish out on level 10 of building.
Note: This project is registered under the Texas Accessibility Standards (TAS) program. TDLR registration is required for commercial and public facility construction to ensure compliance with accessibility requirements under Texas Government Code Chapter 469.
Location & views
1300 Red River St, Austin, TX, 78701
Related Projects
Same Owner
$5.1M totalSame Design Firm
$22.0M totalNearby Projects
Within 1 kmRelated City Permits
Building permits found at or near this location
ePlan: Commercial Expedited Review - Phase 2: Interior Remodel to Existing Manufacturing Facility (20000 SF).
ePlan: Commercial Expedited Review - Interior Remodel to Existing Manufacturing Facility (20000 SF).
ePlan: Commercial Expedited Review - Phase 4: Interior Remodel to Existing Manufacturing Facility (20000 SF).
Bldg 2 New Construction of 2-Story SF Res [4bed 4bath] with attached carport
ePlan: Residential Expedited Review - Two Unit; Bldg 1 New Construction of 2-Story SF Res [4bed 3bath] with attached carport
Related Site Plans
City of Austin site plan approvals at this location
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