$14.0M Austin office remodel registered under Renesas project name

The owner of the 3700 San Clemente office building has registered a $14.0 million remodel of 82,312 sq ft at 3700 North Capital of Texas Highway in Austin, according to a Texas Department of Licensing and Regulation filing. The project is named “Renesas” in the state filing, though the record itself lists no confirmed tenant.

Why it matters

A remodel at this scale, more than 82,000 sq ft across three suites, signals a substantial build-out underway at 3700 San Clemente before any tenant is publicly confirmed. The project’s name points to Renesas, the Japan-based semiconductor company, but the TDLR filing lists the tenant field as “Not Assigned,” so the connection is the project’s working name on the record, not a confirmed lease. For brokers and contractors tracking West Austin office demand along the Capital of Texas Highway corridor, a TDLR registration at this stage is the earliest public signal of the work, well ahead of any city building permit or lease announcement.

The numbers

The TDLR registration lists a declared job value of $14,000,000, the state’s pre-permit cost figure, not a sale price or appraisal. The filing covers 82,312 sq ft across suites 100, 150 and 200 at 3700 North Capital of Texas Highway, described on the record as a remodel of existing office suites for a new tenant. S. Tipton Studio is listed as the design firm. The filing does not name a general contractor.

What’s next

TDLR’s filing carries an estimated construction window from Jan. 1 to July 3, 2027. A City of Austin building permit, which would likely name the general contractor and could confirm the tenant, typically follows a TDLR registration rather than preceding it. No lease at the property is confirmed on the public record. The state filing is the only public record we found of the project’s scope or cost.

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