[We vs us]

Turns out ABJ has better coverage.

Parsley Energy Inc., a highly active oil driller and one of the few headquartered in Austin, has pre-leased all of the office space, according to a Tuesday announcement. The lease is for 12 years.

It is a slight pivot from Riverside Resource's earlier plans. The Austin-based developer had initially envisioned 300 Colorado as a 44-story residential tower with ground-floor retail. Ironwood initially bought the property in 2006 and later formed a joint venture with Riverside.

and

There's no indication yet of how the building might look. The Tuesday announcement only said "an entirely new concept" is in the works for the design. However, the Statesman reports the skyscraper will be 18 floors of offices atop 13 stories of above-ground parking — about 420 feet tall in all.

Construction is expected to begin in December with delivery estimated in December 2020.

The decision to switch to offices will add more capacity in a tightly constricted market. The asking rate for Class A office space in the Central Business District was about $52 per square foot in the fourth quarter, the highest across the metro by far, and vacancy was 6.8 percent, according to data from CBRE Group Inc.

https://www.bizjournals.com/austin/n...d-for-300.html