New plans are underway to create top-tier downtown office space at Sixth and Congress. Stream Realty Partners is purchasing the property which is bounded by Congress, Fifth, Sixth and Brazos streets, and also includes a half-block on Fifth Street and Brazos. In total, the propety is 2.3 acres large, and Stream Realty Partners is expected to complete the purchase by mid April.
Currently, the 26-story Bank of America tower stands on the block. Stream Realty will continue to operate the tower, but will be making significant changes to other parts of the property. An additional five-story building with 112,000 square feet of first-class office space will be built, as well as an eight-story parking garage with 300 space.
Read more about the development here.