Funding type
This project is privately funded, on private land for private use.
Virtu in Austin, TX
401 W. 4th Street Suite 2600, Austin, TX, 78701
Virtu is a renovation/alteration project at 401 W. 4th Street Suite 2600, Austin, in Travis County, TX, tracked from its Texas Department of Licensing and Regulation (TDLR) registration. Under construction, estimated completion Jul 2027. The project has an estimated value of $14.5M across about 60,000 sq ft.
- Estimated project value
- $14.5M
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
- 60,000 ft²
About this figure
Square footage reported for this scope of work. It may cover only part of a larger property.
- Estimated cost / ft²
- $242/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
- 8 months
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.
3 timeline dates shown.
Project registered · TDLR filing
Registration of the project with the Texas Department of Licensing and Regulation.
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.
38 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.
243 days after the preceding date shown.
Source: TDLR filing
View source record
📰About Virtu
The Republic, also known by its filing name Virtu, is undergoing a major renovation at 401 W. 4th Street Suite 2600 in Austin, Texas. The project involves the first-generation interior fit-out of levels 25 and 26, covering approximately 60,000 square feet of space within Travis County. This substantial alteration is registered with TDLR under the accessibility program, with a status of Project Registered.
Scope and Investment
The construction scope includes partitions, ceilings, new stair and stair opening, restrooms, locker rooms, and full mechanical, electrical, and plumbing systems. The estimated cost for this privately funded project is $14,500,000, resulting in a cost of $242 per square foot. The owner of record is DW CAL 308 Guadalupe, LLC, and the design firm of record is Cline Design Associates, PA. Kimberly J Goss is the registered accessibility specialist for this work.
This project is significantly larger and more expensive than typical renovations in the area. Among 15,110 TDLR-registered renovation filings in Travis County, the median estimated cost is $300,000, and the median size is 3,790 square feet. The Republic's cost is above the county median for its type, placing it in the top quarter of filings. Its scheduled build window of 243 days is longer than the county median of 98 days, and its $242 per square foot rate is above the county median of $104.
Construction is scheduled to start in November 2026, following registration in October 2026. Plan review is pending, and the completion date on the filing is targeted for July 2027. The project is privately funded on private land for private use. Cline Design Associates, PA, has one other TDLR-registered project, The Outpost in Houston, valued at $1,000,000.
Local Context
The address is located in ZIP code 78701, where the U.S. Census ACS 2023 five-year estimates report a population of about 11,114 and a median household income of $154,867. The area has 8,021 housing units, with a median owner-occupied home value of $653,600. City of Austin permit records show at least 25 permits on file at this street address, with the 25 most recent issued between July 2025 and August 2026. These include building, electrical, plumbing, and mechanical permits, reflecting ongoing activity at the location.
Project Registered
Project has been registered with TDLR and is in pre-construction phase
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Virtu is a Renovation/Alteration project located at 401 W. 4th Street Suite 2600, Austin, TX 78701 in Austin, Texas. The project has an estimated value of $14.5M covering 60,000 sq ft. DW CAL 308 GUADALUPE, LLC is the property owner and Cline Design Associates, PA is the design firm of record. The project was registered with TDLR on October 23, 2026.
Frequently Asked Questions
What is the estimated cost of the renovation?
The estimated cost for this privately funded project is $14,500,000, which works out to approximately $242 per square foot for the 60,000 square feet of space being renovated.
Who is the design firm for this project?
Cline Design Associates, PA is listed as the design firm of record for this specific renovation project in Austin, Texas.
When is the project expected to be completed?
Plan review is pending, and the completion date listed on the TDLR filing is targeted for July 2027, following a construction start in November 2026.
Is the business open for business?
The facts only cover construction status. The project is registered, plan review is pending, and completion is targeted for July 2027. There is no information indicating the business is open.
How large is the renovation space?
The renovation covers approximately 60,000 square feet on levels 25 and 26 at 401 W. 4th Street in Austin, Texas.
What is Virtu?
Virtu is a renovation/alteration project at 401 W. 4th Street Suite 2600 in Austin, Texas, registered with the Texas Department of Licensing and Regulation (TDLR). Scope of work: First generation interior fit out of levels 25 and 26 at approximately 60,000sf, including partitions, ceilings, new stair and stair opening, restrooms, locker rooms, mechanical, electrical, and plumbing.
Is Virtu open in Austin?
Virtu is still under construction in Austin, TX, with an estimated completion of Jul 2027 according to its TDLR registration.
Where is Virtu located?
Virtu is located at 401 W. 4th Street Suite 2600, Austin, TX, 78701, in Travis County.
Who is the owner or developer of Virtu?
DW CAL 308 GUADALUPE, LLC is the property owner/developer of record for Virtu, per its TDLR project registration.
Who is the architect or design firm for Virtu?
Cline Design Associates, PA is the design firm of record for Virtu, according to its TDLR filing.
How much does Virtu cost and how big is it?
Virtu has an estimated construction value of $14.5M and approximately 60,000 square feet (about $242/sqft), based on its TDLR filing.
Scope of Work
First generation interior fit out of levels 25 and 26 at approximately 60,000sf, including partitions, ceilings, new stair and stair opening, restrooms, locker rooms, mechanical, electrical, and plumbing.
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
401 W. 4th Street Suite 2600, Austin, TX, 78701
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Same Design Firm
$15.5M totalRelated City Permits
Building permits found at or near this location
*Installation of service for 100amp electrical service for cell tower. Ref 2017-121768 SCP
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Two New Driveway Approaches & 2 Sidewalks
Repair existing irrigation system to existing commercial only.
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Related Site Plans
City of Austin site plan approvals at this location
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