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Cielo Breaks Ground on East Austin Mixed-Use Project

DPR Preleases 30,000 SF at The Foundry, Relocating Regional HQ from Stonebridge Plaza
February 8, 2018
Cielo Property Group, an Austin, TX-based development company that specializes in redeveloping and repositioning underutilized properties, broke ground on The Foundry at Fourth and Comal, a 95,444-square-foot mixed-use complex at 310 Comal St in East Austin.

DPR Construction, which has been tapped by Cielo to be the general contractor for the project, preleased 30,000 square feet within the Foundry’s 75,369-square-foot office portion for its new regional headquarters. The Redwood City, CA-based construction company will be relocating from its current regional headquarters located at the Stonebridge Plaza in North Austin.

In addition to featuring office space, the mixed-use project also includes 17 residential condos. The Foundry is currently seeking a LEED Gold certification from the U.S. Green Building Council in addition to a Net-Zero Energy Certification from the International Living Future Institute.

The new development, located near the Plaza Saltillo Metro Rail station, is slated to deliver in March of 2019.

Troy Holme, Casey Ford and Katie Ekstrom of CBRE handle the office leasing for the project. Sixthriver Architects is the architect for The Foundry.
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