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Related Companies launches sales at One Lady Bird Lake

The only boutique luxury condominium with direct trail access offers a one-of-a-kind lifestyle on Lady Bird Lake’s south central waterfront.

Related Companies, the global real estate and lifestyle company behind some of the nation’s most sought-after developments, in partnership with Austin-based Christopher Investment Company (CIC) and Wheelock Street Capital, today announced the launch of sales at One Lady Bird Lake. Moreland Properties serves as the exclusive brokerage for the development. Situated between South First Street and South Congress Avenue on 235 feet of waterfront, One Lady Bird Lake pairs 101 beautifully designed one- to four-bedroom condominiums with unobstructed views of the lake and the downtown skyline. The building is scheduled to be completed in Q1 2028.

“Our vision for One Lady Bird Lake from the outset was to create the premier residential building in Austin and raise the bar for luxury lifestyle and living in the market, ” said Michael Iannacone, president of Related Texas. “This is a generational opportunity to pair iconic architecture with unobstructed forever views of the lake and downtown, on an irreplaceable stretch of waterfront in the heart of Austin. ”

"Austin's relationship with Lady Bird Lake is unlike anything else in the country, and this site deserved a building that honors it, " said Greg Christopher, owner and CEO of Christopher Investment Company. "We have called this city home for decades. One Lady Bird Lake gives Austinites a rare chance to own a home on one of the last great stretches of the lakefront, steps from the trail and minutes from everything downtown. "

Residences Without Equal

The connection to the lake carries through every part of the 18-story tower designed by KPF, one of the world's preeminent architecture firms. Homes feature floor-to-ceiling glass windows to keep the lake and landscape in view throughout the day, from morning light across the water to sunset views of the Austin skyline.

"We wanted a tower that would hold a gaze and also give something back to the waterfront, ” said Trent Tesch, AIA, KPF design principal. “From across the lake, One Lady Bird Lake reads as a single graceful gesture, with terraces that step and soften the silhouette. Up close, it is all about craft: the green spandrels, the generous glazing, the planted edges. At the ground, restaurants and landscape open toward the trail, so the building belongs to the neighborhood as much as to the people who live here. "

The building’s silhouette settles into its site rather than rising above it, folding into an H-shaped plan that opens itself to the lake on both ends, multiplying the number of corner units and balconies with water views across its residences. The façade is composed of a recessed grid of rich green metal frames with bronze-toned accents set in deep relief against glass. The sinuous profile of this edge creates an elegant interplay of light and shadow, giving the building a dynamic, ever-changing presence and a sense of scale, particularly when viewed from across the water.

The four penthouse residences on the top floor each open onto a wide, shaded loggia with uninterrupted views. The three-story podium houses nearly 30,000 square feet of amenities and steps down toward the water, breaking the building’s form into a sequence of planted terraces that extend the landscape up into the building itself.

At street level, that same greenery wraps an entrance colonnade, carrying the façade’s rhythm to the ground. Here, the material shifts from taut metal above to glazed tile and stone, with wood and bronze adding warmth.

The Trail at Your Doorstep

One Lady Bird Lake offers direct access to the lake, the Ann and Roy Butler Hike-and-Bike Trail and Austin's finest cultural and leisure offerings. A public lakeside park and a future boardwalk extension reaching the water's edge will connect residents and neighbors alike to the trail.

Downtown Austin and South Congress are within walking distance, while the waterfront setting still provides privacy and a sense of escape. TBG Partners, the Austin-founded landscape architecture and planning firm behind some of Texas' most recognized public spaces, is designing the landscape to maximize connectivity and continuity with the lakeside trail.

“One Lady Bird Lake represents a truly special opportunity in Austin’s luxury residential market, ” said Sarah Railey, president and broker of record of Moreland Properties. “The combination of direct access to the lake and trail, striking architecture and proximity to downtown creates a lifestyle that is difficult to replicate. We’re proud to represent a development that reflects the way so many people want to experience Austin, with the natural beauty of the city right outside their door and its cultural energy just moments away. ”

Comfortable and Sophisticated Interiors

Interiors curated by award-winning architecture and design firm Workshop/APD frame the best views in the city, with transitional spaces that are polished yet comfortable for real life.

“The interiors at One Lady Bird Lake draw on two sides of Austin: its sophistication and progressive spirit, and its rustic Texas beauty. Textured stone and warm woods hold those together, giving modern interiors a refined feel that’s still rooted in place, ” said Zach Helmers, associate principal at Workshop/APD.

The 10-foot ceilings maximize light and views. Gourmet open kitchens blend beauty, function and craftsmanship with custom oak-style cabinetry, Calacatta Caldia marble countertops with Perla white limestone convex tile backsplashes, custom pendant lighting and Sub-Zero kitchen appliances. Spa-like bathrooms showcase Workshop/APD-designed vanities with Calacatta Cremo marble countertops, Perla white limestone floors and walls and freestanding soaking tubs, all accented by light fixtures also designed by Workshop/APD. Each residence also includes 8-inch-wide plank European white oak flooring throughout, Samsung washers and dryers, Nest thermostats, Lutron Caseta System, and Salto keyless entry.

An Unparalleled Lifestyle

One Lady Bird Lake is built for a life of relaxation and celebration, with nearly 30,000 square feet of amenities encompassing the best in fitness, leisure and entertainment.

Residents arrive through a private porte-cochère, with valet parking and a multilevel, resident-only subterranean garage with EV charging stations.

The third-floor indoor-outdoor wellness area includes a 70-foot-long pool with lounges and an outdoor shower; a spa with steam room, sauna, hot tub, cold plunge and changing rooms; a meditation garden; a fitness center and yoga studio; and an outdoor yoga lawn. Also on the third floor, the landscaped sundeck features fire pits; outdoor grill and lounge areas; a private dining room; and a party room with catering kitchen, all of which provide a perfect entertainment space for every occasion.

The second floor is built for work and creative pursuits, including a co-working space with conference rooms, meeting rooms and a café; a music room with acoustic wall panels; and a podcast studio. Other resident amenities throughout the building include a golf simulator, bike and private storage and a dog run.

A full-service destination restaurant and all-day café will anchor the ground level, part of approximately 6,000 square feet of curated retail and restaurant space.

One Lady Bird Lake will be managed by Related Management, widely considered the leader for luxury residential property and acclaimed for their high level of service, training and dependability. A 24/7 doorman and concierge will be on hand to anticipate resident needs, assist with coveted restaurant reservations and more, while the dedicated lifestyle team will curate exclusive programs and events, from wine-tastings to fitness programming, designed to foster meaningful community engagement.

Global Expertise With Deep Texas Roots

The project team pairs global expertise with deep Texas roots. Austin-based GarzaEMC is the civil engineer, Thornton Tomasetti is the structural engineer and Texas-based Rogers-O'Brien Construction is the general contractor.

The One Lady Bird Lake Sales Center is now open at 401 South First St., Suite 1175, a short walk from the building site. Private tours are available by appointment. For information about available residences or to schedule a tour, contact Moreland Properties.

For more information, visit oneladybirdlake.com and follow along at @oneladybirdlake.

Renderings of One Lady Bird Lake available here.

One Lady Bird Lake at a Glance

  • Location: 125 South First St.
  • Residential Mix: 101 luxury condominiums (one to four bedrooms)
  • Lifestyle Spaces: Wellness area with 70’ long pool with sun shelf; fitness center; spa with steam,
    sauna, cold plunge, hot tub; outdoor yoga lawn and meditation garden; dog run; bike storage;
    co-working spaces; music room; private dining room and a variety entertainment spaces
  • Retail and Dining Space: Approximately 6,000 square feet of curated ground-floor retail and
    restaurant space
  • Outdoor and Water Access: Direct integration into the South Central Waterfront District, with a
    public lakeside park and future boardwalk extension reaching the water's edge
  • Parking: Multi-level subterranean parking garage with EV charging stations
  • Sales Center: Now open at 401 South 1st St., Suite 1175, Austin, TX 78704
  • Completion: Q1 2028
  • Sustainability: LEED Silver designed; Austin Energy Green Building (AEGB) 2 Star Rating
  • Visit us at: oneladybirdlake.com and follow along at @oneladybirdlake

Project Team

  • Developer: Related Companies / Christopher Investment Company
  • Architect: KPF
  • Interior Design: Workshop/APD
  • Landscape Design/Architect: TBG Partners
  • Civil Engineer: GarzaEMC
  • Structural Engineer: Thornton Tomasetti
  • General Contractor: Rogers-O'Brien Construction
  • Exclusive Brokerage: Moreland Properties, Agents Greg Walling and Anna Lee
  • Financial Partners: Wheelock Street Capital, Northwestern Mutual, Avela Real Estate Partners

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About Related Companies:
Related Companies is a global real estate and lifestyle company defined by innovation and the most prominent privately owned real estate firm in the United States. Formed over 50 years ago, Related is one of the largest private owners and preservationists of affordable housing in the U.S. and a fully integrated, highly diversified industry leader with experience in virtually every aspect of development, acquisition, management, finance, marketing, and sales. Headquartered in New York City, Related has offices and major developments in Boston, Chicago, Los Angeles, San Francisco, Austin, Washington, D.C., and London and boasts a team of approximately 4,000 professionals. The company's portfolio of over $70 billion in assets owned or under development includes the 28-acre Hudson Yards neighborhood on Manhattan's West Side, Deutsche Bank Center at Columbus Circle and The 78 in Chicago. Related was named to Fast Company’s list of the 50 Most Innovative Companies in the World. For more information about Related, please visit related.com.

About Christopher Investment Company:
Christopher Investment Company (CIC) is a vertically integrated single-family office based in Austin, Texas, where it owns and operates a portfolio of best-in-class multifamily communities. That platform is built on more than 50 years of investment and management experience across various asset classes including retail, multifamily, and manufactured housing. Beyond real estate, CIC applies the same long-term approach to a diversified portfolio of alternative investments in technology, aviation, and consumer products. For more information, visit christopherinv.com.

About Moreland Properties:
Founded in 1986 by Austin real estate leader Emily Moreland, Moreland Properties has grown into one of Central Texas’ most trusted independent real estate brokerages. With more than 100 real estate advisors across three Austin-area locations, the firm provides exceptional representation across residential, waterfront, ranch, land, relocation, and lifestyle properties. Today, Founder and Chairman of the Board Emily Moreland continues to guide the company’s vision, while President and Broker Sarah Railey leads day-to-day operations with a focus on innovation, collaboration, and delivering an elevated client experience. Built on nearly four decades of local expertise, Moreland Properties remains committed to preserving its independent roots while providing clients with the reach, resources, and marketing power of a global brokerage.

Greg Walling and Anna Morrison Lee have spent most of their careers with Moreland Properties, immersed in Austin's most distinctive residential real estate. Their approach centers on relationships built over years, not transactions closed in isolation. Their longstanding membership in Austin’s Elite 25 reflects their individual track records within the city’s luxury market, pairing hometown knowledge with genuine global access. For more information, visit moreland.com.

About KPF:
KPF transforms cities through impactful design, collaborating closely with the world’s most forward-thinking clients to create high performing, carefully crafted buildings that are unique to their physical, social, and environmental contexts.

Founded in New York City in 1976 and currently celebrating its 50th anniversary, KPF has grown from an upstart architecture studio to a global design powerhouse. The firm’s extensive portfolio spans more than 40 countries and includes a wide range of projects from commercial and residential buildings to civic and cultural spaces to education, research, and healthcare facilities. Driven by individual design solutions, rather than a predetermined style, KPF endeavors to design lasting buildings that mitigate their environmental impact and enhance the well-being of the communities they serve. For more information, visit kpf.com.

About Workshop/APD:
For 27 years, the award-winning multidisciplinary architecture and design firm Workshop/APD has imbued its projects with a sense of place and purpose and extraordinary user experiences through design at every scale. From penthouses and seaside retreats to luxury residential developments and groundbreaking hotels and restaurants, the Workshop/APD aesthetic is timelessly modern but site-specific, unbound by typology or a singular style. The firm’s collaborative team of architects, interior designers, and product designers in New York City; Minneapolis, MN; Nantucket, MA; and South Florida leverages its vast, highly varied experience to solve complex design challenges, resulting in spaces, structures, and furnishings that are exceptionally beautiful and accessible. For more information, visit workshopapd.com.

About Wheelock Street Capital: 
Wheelock Street Capital is a private real estate investment firm founded in 2008 by Merrick R. Kleeman and Jonathan H. Paul, two veteran investors each with over 30 years of broad real estate experience across all major asset classes. Headquartered in Greenwich, CT, and Boston, MA, Wheelock employs a premier investment and asset management team and has produced an impressive track record of demonstrated and consistent outperformance over industry benchmarks. Since inception, the firm has raised eight funds representing over $5 billion in capital commitments and deployed over $11 billion in total value on behalf of leading institutional investors. Wheelock's differentiated hybrid model combining deep capital markets expertise with in-house operating platforms across hospitality, residential land, industrial, and retail/mixed-use provides a strong foundation for direct opportunistic and long-term value investing. For more information, visit wheelockst.com.

About Northwestern Mutual: 
Northwestern Mutual has been helping people and businesses achieve financial security for more than 165 years. Through a comprehensive planning approach, Northwestern Mutual combines the expertise of its financial professionals with a personalized digital experience and industry-leading products to help its clients plan for what's most important. With more than $780 billion of total assets1 managed across the company's institutional portfolio as well as retail investment client portfolios, more than $40 billion in revenues, and $2.5 trillion worth of life insurance protection in force, Northwestern Mutual delivers financial security to more than 5 million people with life insurance, disability income insurance, long-term care insurance, annuities, and brokerage and advisory services. Northwestern Mutual ranked 109 on the 2026 FORTUNE 500 and was recognized by FORTUNE® as one of the "World's Most Admired" life insurance companies in 2026.

Northwestern Mutual is the marketing name for The Northwestern Mutual Life Insurance Company (NM), Milwaukee, WI (life and disability insurance, annuities, and life insurance with long-term care benefits) and its subsidiaries. Subsidiaries include Northwestern Mutual Investment Services, LLC (NMIS) (investment brokerage services), broker-dealer, registered investment adviser, member FINRA and SIPC; the Northwestern Mutual Wealth Management Company® (NMWMC) (investment advisory and services), federal savings bank; and Northwestern Long Term Care Insurance Company (NLTC) (long-term care insurance). Not all Northwestern Mutual representatives are advisors. Only those representatives with "Advisor" in their title or who otherwise disclose their status as an advisor of NMWMC are credentialed as NMWMC representatives to provide investment advisory services.

1 Includes investments and separate account assets of Northwestern Mutual as well as retail investment assets held or managed for clients.

Contacts

Giant Noise:
Angela Hinson and Stephanie Brown
oneladybirdlake@giantnoise.com