Groundbreaking Kicks Off Downtown Construction of All-New Texas Bankers Association Headquarters
The Texas Bankers Association, the nation’s largest and oldest state banking association, held a groundbreaking ceremony on Tuesday, July 20th to celebrate the start of construction on its new headquarters in the heart of Downtown Austin, located on the corner of W. 10th Street and Lavaca Street.
“The groundbreaking ceremony marks an exciting milestone in the 135-year history of the Texas Bankers Association. Banks of every size play an indispensable role in our economy, and our new headquarters is a statement about our industry’s strength, optimism for the future, and commitment to the communities that Texas banks serve,” said TBA President and CEO Chris Furlow. “The new building will be a major asset for our TBA member services and advocacy efforts, and a first-class facility for our partners and tenants.”
The all-new nine-story office tower and future TBA headquarters, designed by The Beck Group, is located directly across 10th Street from the Governor’s Mansion, and replaces a two-story structure occupied by the TBA since 1977. The tower will feature nearly 100,000 square feet of leasable space with an unobstructed view of the Texas Capitol building in perpetuity. The building will include dedicated office space for TBA’s use, three full floors of additional office space, 9,300 square feet of ground-floor office space, three and a half floors of above-ground parking, and a ninth-floor event space and landscaped rooftop terrace. The new headquarters is slated for occupancy beginning in the fourth quarter of 2022. Leasing inquiries should go to Rob Wendt of Development 2000 at (512) 809-2357.
“We are proud to partner in the design and construction of the new TBA headquarters and new home-base for banks to learn, evolve, and support the businesses of Texas. The physical location and magnitude of the project will allow TBA and their future tenants to enjoy the benefits the location presents in the heart of Downtown Austin. We look forward to completing the project and the grand opening next year,” said Stephen Mery, LEED Green Associate, Integrated Project Leader, The Beck Group.
“We are excited about collaborating with TBA to deliver this exceptional building,” said Jerry Reed, the Founder of Development 2000, which is handling the development and marketing of the project. “In addition to providing TBA with a modern headquarters facility, the building offers unique office opportunities for law firms, governmental affairs and financial services organizations at an incredible location, steps away from the Texas State Capitol.”
TBA’s Furlow, TBA Chairman Raymond “Rusty” Rust III of Nacogdoches, TBA Board Members, bankers from across the state, and Texas Department of Banking Commissioner Charles Cooper were on-site to mark the occasion. They were joined by representatives from development firm, Development 2000, and integrated architecture and construction firm, The Beck Group.
Founded in 1885, the Texas Bankers Association is the oldest and largest state banking association in the United States. TBA advocates for its members in Austin and Washington; trains more than 10,000 community bankers annually; provides nationally-recognized banking products and services; and proudly invests in Texas communities through financial literacy, scholarship and charitable activities.