IBM HUB

Domain 12 is undergoing a surgical renovation of 111 square feet on the 17th floor of the building located at 11800 Alterra Parkway in Austin, Texas. The project, filed with the Texas Department of Licensing and Regulation under the name IBM HUB Austin, is registered with TDLR in September 2026, with plan review pending and completion targeted for December 2026.

The scope of work is strictly limited to interior alterations on a single floor, with an estimated cost of $50,000. This places the project’s total budget below the county median for renovation and alteration filings in Travis County, which stands at $298,117. The scheduled build window of 91 days is close to the county median of 98 days for similar projects.

Project Context and Ownership

The owner of record is Domain Junction 12 LLC, c/o Cousins Properties Inc. This entity holds one other TDLR-registered project in Austin with an estimated value of $40,000,000, which has completed review. The current filing is privately funded and situated on private land for private use, distinguishing it from public infrastructure projects in the area.

The location sits within ZIP code 78758, an area with a population of approximately 50,592 according to U.S. Census ACS 2023 five-year estimates. The median household income in this zone is $69,019, and the median owner-occupied home value is $419,300. Housing in this area is predominantly renter-occupied, reflecting the urban density of the Alterra Parkway corridor.

City of Austin permit records show at least 25 permits on file at this specific street address. The 25 most recent permits were issued between February 2026 and August 2026, including multiple electrical, mechanical, and plumbing permits. The most recent entries describe commercial expedited reviews for interior remodels, indicating active construction activity at the building beyond this specific 111-square-foot unit.

The registered accessibility specialist for this filing is Joshua T Ronson. The project is classified as a renovation/alteration, and the cost per square foot is estimated at $450. This figure is above the county median of $103 per square foot for comparable renovation and alteration filings in Travis County, reflecting the specialized nature of the 17th-floor work.