The tallest skyscraper in Texas has opened with what could be the most empty office space in the state capital's history — at a time when Austin already faces record-high vacancy.
Tallest tower in Texas hits Austin with surge of empty office space
Waterline also has high-end hotel rooms, luxe apartments and zero disclosed office tenants
CoStar News
September 14, 2026 | 12:40 AM
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IN THIS ARTICLE
- Properties
- Waterline
98 Red River St, Austin, TX
- 1 Hotel Austin
98 Red River St, Austin, TX
- Companies
- Lincoln Property Company
Real Estate
- Kairoi Residential
Real Estate
- DPR Construction, Inc.
Construction
- Kohn Pedersen Fox Associates
Professional, Scientific, and Technical Services
- HKS, Inc.
Professional, Scientific, and Technical Services
- Contacts
- Seth Johnston
Executive Vice President, Lincoln Property Company