Innovation Tower Brochure
1350 Red River, Austin, TX 78701
IMAGINE TOMORROW’S INNOVATION, TODAY
DEL I VER ING Q2 2022
INNOVAT ION TOWER 1 350 RED RIVER, AUST IN, TX 78701
THE FIRST OF ITS KIND IN THE INNOVATION DISTRICT • Large Block, Class A Availability within the Innovation District • Dense Employee Base – located at the intersection of UT, Dell Medical School, Innovation District and Capitol Complex • Iconic Architecture & Efficient Floorplate Layout – maximum flexibility with efficient floorplates • Outdoor Gathering Spaces – outdoor green space overlooking Waterloo Park • Future Restaurant & Coffee Shop Concept
BU I LDING S I ZE 324 , 510 RSF
T YP I CAL FLOOR S I ZE 26 , 627 RSF
DEL I VERY DATE Q2 2022
PARK ING RAT IO 2 .9 PER 1 ,000 SF
SECURE B I KE STORAGE
TENANT GYM WI TH LOCKERS & SHOWERS
LEED GOLD CERT I F I ED
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THIS IS WHERE THE BEST MINDS ARE GOING TO COME TOGETHER. TECHNOLOGY, MEDICINE, SCIENCE.
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INNOVATION TOWER AT THE EP ICENTER OF AUST IN’ S CORE
183
16 MINUTES The Arboretum 17 MINUTES The Domain 20 MINUTES 360 Bridge
45
1
130
THE DOMAIN
35
LAKE TRAVIS
THE ARBORETUM
16 MINUTES SH 130 & HWY 290 15 MINUTES Austin-Bergstrom International Airport
360 BR IDGE
SH 1 30 & HWY 290
HI GHL AND
1
290
8 MINUTES Mueller 10 MINUTES South Congress 9 MINUTES Highland
MUEL LER
360
183
DOWNTOWN AUST IN
NEW COURTHOUSE
STATE CAP I TOL
130
290
5 MINUTES Central Business District
SOUTH CONGRESS
71
3 MINUTES State Capitol 4 MINUTES New Courthouse
AUST IN-BERGSTROM INTERNAT IONAL A I RPORT
35
183
130
NORTH
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Innovation Tower is a one-of-a-kind, state-of-the-art Class A Office Building in the Innovation District – the hub for Texas Life Sciences, Healthcare, Research and Technology Industries with premier access to every part of Austin.
NORTH
UNI VERS I T Y OF TEXAS
E Martin Luther King Blvd
W 15th St
MOPAC FWY
UT HEALTH DI STR I CT
CAP I TOL COMPLEX
WATERLOO PARK
N Lamar Blvd
Guadalupe St Lavaca St
RED R I VER CULTURAL DI STR I CT
E 6th St Congress Ave
35
E Cesar Chavez St
LADY BIRD LAKE
CONVENT ION CENTER
INNOVAT ION DI STR I CT
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INGRESS / EGRESS MAP
INGRESS TO INNOVAT ION TOWER
1
EGRESS TO INNOVAT ION TOWER
1 BLOCK From I-35 9 BLOCKS From Downtown Station 1.9 MILES FromMoPac Expy 1.9 MILES FromMLK Jr Station
N Lamar Blvd
CAP I TA L ME T RO FUTURE T RANS I T L I NE
W Cesar Chavez St
LADY BIRD LAKE
NORTH
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E Martin Luther King Jr Blvd
MLK JR STAT ION
E 15th St
Red River St
Lavaca St
DOWNTOWN STAT ION
E Cesar Chavez St
35
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GROUND FLOORPLAN
RESTAURANT SHEL L SPACE
LOBBY
REMOVABLE FLOOR
STAIR 2
F
A
G1
G4
STAIR 1
E
B
G2
S1
SHUTTLE ELEV
FIRE COMMAND
D
C
G3
SECURITY
LOADING V I S I TOR &
V I S I TOR & TENANT PARK ING
TENANT PARK ING
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26 , 268 RSF TYPICAL FLOORPLAN
LEVEL 5 - 16
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HYPOTHETICAL FLOORPLAN
26 , 268 RSF
WORKSPACE • Private Office 4 • Workstation 160
MEET ING SPACE • Conference 4 • Huddle 16 COMMON AREAS • Support 3
COMMON AREAS
ELEVATOR LOBBY
BOH AREAS WORKSTAT IONS PR I VATE OFF I CE CONFERENCE ROOMS
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CONNECTED TO THE OUTDOORS 11 ACRE PARK Across fromWaterloo Park with Moody Ampitheater STEPS FROM Waterloo Greenway and its chain of parks: The Refuge Palm Park Waller Creek Delta Adjacent Pocket Park 37 ACRES Connected Greenspace 3+ MILES Bike & Hike Trails
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THE INNOVATION DISTRICT & DELL MEDICAL SCHOOL THE NEXUS OF INNOVAT ION Set in the vibrant neighborhood of downtown Austin renowned for live music, entertainment and premier cultural experiences, sits the city’s emerging Innovation District which has quickly become a hub for world-class, businesses, researchers and higher education institutions specializing in healthcare, technology and sciences. Anchored by the University of Austin Dell Medical School and Central Health, this one-of-a-kind Austin neighborhood fosters collaboration by connecting universities, companies and entrepreneurs with a community of innovators and organizations focused on health. The result is a flourishing ecosystem of science, healthcare and technology thought leaders that are fueling economic growth, creating a new model of health and establishing Central Texas as the epicenter of innovation. 800K - 1.2MSF of office space 90K of lab space 800 - 1,000 residential 600 - 750 hotel rooms
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UN I VERS I T Y OF T EXAS AT AUS T I N CAMPUS
35
UT HEA LTH D I S T R I C T
S TAT E OF T EXAS CAP I TOL COMP L EX
CENT RA L HEA LTH BRACKENR I DGE CAMPUS
I NNOVAT I ON D I S T R I C T
WATERLOO GREENWAY
NORTH
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WHY INNOVATION TOWER?
UT BY THE NUMBERS
TECHNOLOGY TRANSFER BY INST I TUT ION 2020 F I SCAL YEAR
156 New Invention Disclosures
13 Startup Companies Formed
90 Licenses and Options Executed
81 U.S. Patents Issued
$10,490,165 in Gross Revenue from Intellectual Property
TECHNOLOGY TRANSFER BY INST I TUT ION FOR 10 YEARS
1,925 New Invention Disclosures
96 Startup Companies Formed
755 Licenses and Options Executed
651 U.S. Patents Issued
$193,406,886 in Gross Revenue from Intellectual Property
AMONG U. S . UNI VERS I T I ES RANKED NO. 13 FOR ARTS & HUMANI T I ES RESEARCH REPUTAT ION AND NO. 1 7 FOR SC I ENT I F I C RESEARCH
NO. 4 In the world for most patents granted, UT System-wide.
NO. 5 Among U.S. universities that granted the most research doctorates.
NO. 18 Among U.S. universities in undergraduate research.
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Sources: The University of Texas System & The University of Texas at Austin Office of the Vice President for Research
WHY TEXAS?
• Texas is the 10th largest economy in the world • Largest workforce in the U.S. • Over 5,000+ life sciences companies • Nearly 100,000 life sciences workers • Over 28,524 clinical trials underway, the 2nd largest in the U.S. • 7 medical schools in the Nation’s top 100 • Governor’s University Research Initiative (GURI) a grant program dedicated to bringing the brightest and best researches from across the world to Texas • R&D Credit Regulation provides Texas companies tax exemptions • Costs of doing business in Texas are significantly lower than in other major metropolitan areas and the state of Texas has one of the lowest tax burdens in the nation.
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CONTACTS MIKE BROWN EXECUT IVE DIRECTOR +1 512 370 2426 mike.d.brown@cushwake.com KEVIN GRANGER EXECUT IVE MANAGING DIRECTOR +1 512 814 3403 kevin.granger@cushwake.com
©2021 Cushman & Wakefield. All rights reserved. The information contained in this communication is strictly confidential. This information has been obtained from sources believed to be reliable but has not been verified. NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE CONDITION OF THE PROPERTY (OR PROPERTIES) REFERENCED HEREIN OR AS TO THE ACCURACY OR COMPLETE- NESS OF THE INFORMATION CONTAINED HEREIN, AND SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, WITHDRAWAL WITHOUT NOTICE, AND TO ANY SPECIAL LISTING CONDITIONS IMPOSED BY THE PROPERTY OWNER(S). ANY PROJECTIONS, OPINIONS OR ESTIMATES ARE SUBJECT TO UNCERTAINTY AND DO NOT SIGNIFY CURRENT OR FUTURE PROPERTY PERFORMANCE.
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