Austin, TX
Texas Capital Bank moving into Stonelake’s 415 Colorado in Austin
Texas Capital Bank has inked a lease at 415 Colorado in downtown Austin, and is set to move its San Jacinto Center branch into the building.
The Dallas-based bank is set to occupy the entire 17th floor and parts of the 16th floor of the 47-story building, according to the Austin Business Journal. 415 Colorado is mixed-use, and its 110,000 square-feet of office space is now 50% leased. Its residential portion, over 420,000 square-feet with 328 luxury apartment units, is 86% leased.
Stonelake Capital Partners, which built and owns the building, has an office in the building. Edelman, Tree Line Capital Partners, and Valterra Partners are notable tenants at 415 Colorado, according to the outlet.
Stream Realty’s Randy Cooper and Craig Wilson represented Texas Capital on the lease, according to the outlet.
Stonelaker recently abandoned plans to redevelop 504 East 5th Street, just five blocks west of 415 Colorado. Stonelake did not comment on why it was abandoning the East 5th Street project, which used to be the site of downtown staple Carmelo’s Italian Restaurant. After scrapping the plans to build a 37-story apartment tower in 2025, Stonelake listed the half-acre property.
During the pandemic, office space in Austin saw a rush of demand from tech companies relocating from California to the Texas state capital. That has slowed, and net absorption of office space in Austin was negative in 2025.
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