The Cannon in Austin, TX

The Employees Retirement System of Texas (ERST) is executing a $2,700,000 interior renovation and build-out of its existing office space at 1836 San Jacinto Blvd in Austin. The project, filed under the project name The Cannon, covers 17,044 square feet of interior space within the existing building core, which remains structurally intact. This renovation is classified as a private, privately funded project on private land for private use.

Work begins in November 2026, following TDLR registration in October 2026. The scope involves minimal demolition of existing conditions followed by the construction of new office environments. The filing indicates that the build-out includes standard interior finishes and spatial configurations typical of a modern corporate office, though specific fixture details are not itemized in the public record. The project is targeted for April 2027, establishing a scheduled construction window of 179 days.

Design and Cost Context

Inventure serves as the design firm of record for this project. The estimated cost of $158 per square foot exceeds the Travis County median of $103 per square foot for comparable renovation and alteration filings. The total estimated cost of $2,700,000 is above the county median of $299,975 for similar work types, placing it in the upper quartile of recent filings. The 179-day build window is longer than the county median of 98 days, reflecting the scale of the interior build-out relative to typical small-scale alterations.

ERST holds four other TDLR-registered projects in Austin, with combined values totaling $27,210,000. These include a $25,000,000 project with review complete and a $2,000,000 project that is closed. Inventure has six other registered projects across Texas, including locations in Houston and The Woodlands, with a combined value of $5,871,000. The surrounding ZIP code 78701 has a median household income of $154,867 and a median owner-occupied home value of $653,600, according to U.S. Census Bureau estimates.

City of Austin permit records show two building permits on file at this street address, issued between March 2025 and April 2026. These permits are associated with rooftop cellular equipment relocation for T-Mobile and AT&T, indicating ongoing utility infrastructure activity at the site. The registered accessibility specialist for this project is David C. Deming. The TDLR status is Project Registered, with plan review pending.