Breaking Ground

One Lady Bird Lake

One Lady Bird Lake is an 18-story waterfront residential tower by Related Texas at 151 S. 1st Street in Austin's South Central Waterfront district, on the south shore of Lady Bird Lake directly alongside the Ann and Roy Butler Hike-and-Bike Trail.

Official Website
TMW IntelligenceVerified Oct 4, 2026
AnnouncedBreaking GroundConstructionOpening SoonNow Open
02.28
Completion
298
Units
18
Floors
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Details

151 S. 1st Street, Austin. 18 floors and 298 residences. Completing February 2028.

The story so far
Announced 2025 est.
Broke ground Jul 2025 est.
Rendering revealed for One Lady Bird Lake Jun 2, 2026Related Texas unveiled KPF's design for the 18-story South Central Waterfront tower, confirming 298 homes split between 101 condominiums and 197 rentals, plus two restaurants, with move-ins targeted for early 2028.
oftmw.com
Expected opening Feb 2028
Milestones are dated to when they actually happened and linked to their source. This record fills in over time as TMW tracks the project.
Supply pressure 22 · BalancedAustin marketMarket →
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About the project

One Lady Bird Lake is an 18-story waterfront residential tower by Related Texas at 151 S. 1st Street in Austin's South Central Waterfront district, on the south shore of Lady Bird Lake directly alongside the Ann and Roy Butler Hike-and-Bike Trail. Designed by Kohn Pedersen Fox with interiors by Workshop/APD and landscape architecture by TBG Partners, the tower began life as an office project before Related reimagined it as housing. It delivers 298 homes, split between 101 for-sale condominiums and 197 rental apartments, above two ground-floor restaurants, retail and resident amenity spaces, with below-grade parking. The project brings elevated lakefront living to one of Austin's most coveted recreational corridors, steps from downtown across the First Street Bridge.

Developer & design
The Austin market 22 · Balanced supplySouth Central Waterfront 6-project pipeline · 1,775 residences and keys · peak Early ’28 Explore the market →
Common questions

Frequently asked

Where is One Lady Bird Lake located?

One Lady Bird Lake is located in Austin.

When will One Lady Bird Lake be completed?

One Lady Bird Lake is breaking ground, with completion targeted in February 2028.

Who is developing One Lady Bird Lake?

Related Texas is the developer behind One Lady Bird Lake.

Who designed One Lady Bird Lake?

One Lady Bird Lake was designed by KPF & More.

How big is One Lady Bird Lake?

One Lady Bird Lake rises 18 stories with 298 residences.