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Read the Newly Released 2026 State of Downtown Report

Downtown 7 in 7 | May 2026 Econ Dev Update

May 18, 2026
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As Downtown Austin continues to evolve into a more mixed-use, experience-driven urban center, staying connected to real-time market dynamics is more important than ever. This monthly update is designed to keep you informed, bring you key updates and share the latest market data.
  • New Dual Tower Mixed Use Project approved for west downtown
  • Katz’s Never Closes is reopening at their original location at 618 West 6th Street
  • Submersive is building out the 20,000 SF space at 901 Barton Springs
  • xAI is subleasing all of Athenahealth’s space at Seaholm
  • Paramount Theater is closing for renovations
  • Alteno Austin is opening at 1 Hotel Austin at Waterline
  • PNC Austin headquarters relocating to ATX Tower

As always, you can contact us at economicdevelopment@downtownaustin.com for economic development opportunities in Downtown Austin.

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⭐️ Come Celebrate Downtown on June 6 ⭐️

Come downtown on June 6 - there's something for everyone!

🇲🇽 Celebrate Mexican heritage at the MACC reopening
🌳 Get lost in downtown's newest green space at the Confluence opening
🥁 Antone's and the Downtown Austin Alliance present LIVE! From Downtown, Texas - Text "ATX LIVE" to 512.890.3099 for updates on our June 6th performance at 1 PM