Skip to main content
Text ATX SUMMER to (512) 890-3099 for free giveaway notifications all summer long!

Downtown 7 in 7 | May 2026 Econ Dev Update

May 18, 2026
state of downtown 2026 river lady bird lake paddleboard cover
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.

Sign up to receive emails from the Downtown Austin Alliance.

Go
 Close

Celebrate the Summer of Giveaways!

Weekly downtown giveaways, just for you! Get texts 1 hour before each drop with the when, where, and how to win. Stay downtown, get rewarded. ☀️