Groundbreak.

Related Breaks Ground on 298-Unit Tower at One Lady Bird Lake

Related Companies has started construction on One Lady Bird Lake, an 18-story, 298-unit mixed-use tower at 151 S 1st Street on the South Central Waterfront.

Rendering of One Lady Bird Lake from across the lake, showing the tower's green-framed facade and trailfront landscaping
Rendering of One Lady Bird Lake from across the lake, showing the tower's green-framed facade and trailfront landscapingImage via Related Companies

Construction is underway on One Lady Bird Lake, an 18-story mixed-use tower at 151 S 1st Street in the South Central Waterfront district. The project, previously tracked under a general district address, now has a confirmed address and active construction status. Related Companies is developing, with design by Kohn Pedersen Fox Associates PC.

The 200-foot tower will contain 298 units across 696,025 square feet, with a mix of condominiums and apartments, each with dedicated lobbies. Plans include 463 parking spaces.

Rendering of the view from One Lady Bird Lake toward the downtown Austin skyline and Congress Avenue Bridge
Rendering of the view from One Lady Bird Lake toward the downtown Austin skyline and Congress Avenue BridgeImage via Related Companies
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Amenities include two waterfront restaurants, amenity spaces, and a connection to the Lady Bird Lake boardwalk. Completion is expected in February 2028.

The site sits just south of Lady Bird Lake near the South Congress corridor and the Ann and Roy Butler Hike-and-Bike Trail, within walking distance of downtown via the Congress Avenue Bridge.

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One Lady Bird LakeUnder Construction
Address
151 S 1st Street, Austin, TX 78704
Units
298
Floors
18
Height
200 ft
Sq Ft
696,025
Completion
Feb 27, 2028

The Project File tracks every fact, change, company, and article we have on this development, under construction as of our latest research.

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