It’s being built by local developer Weston Urban as part of an intricate deal with the city and Frost Bank that’s designed to rejuvenate west downtown, an area burdened with too many run-down buildings and parking lots.
Construction is expected to take about two years, said Weston Urban President Randy Smith.
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Mayor Ivy Taylor said the 23-story tower is a “significant step forward” for downtown.
It was designed by renowned international architecture firm Pelli Clarke Pelli and local firm Alamo Architects, and it will boost downtown’s supply of upscale office space by 31 percent, from its current level of 1.4 million square feet, according to data from Transwestern, a commercial real estate firm.
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