Lucid Opens Coworking Space in Austin

Lucid Private Offices has opened a 22,000-square-foot coworking location at Stonebridge Plaza II, with a second Austin site planned for 2027.

Updated on Nov. 2, 2026 in Remote Work

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Lucid Private Offices opened a 22,000-square-foot coworking location occupying the entire ninth floor of Stonebridge Plaza II in Austin, Texas. The space includes 83 private offices, 12 team suites, four conference rooms, and a Library Focus room.

Why it matters

The opening adds to Austin's growing flexible-workspace market, which recorded 122 coworking spaces totaling 2.2 million square feet at the end of the third quarter. It also signals continued expansion by Lucid, which plans a second Austin location of 23,029 square feet.

Lucid's Austin space spans 22,000 square feet across 83 private offices and 12 team suites, within a U.S. coworking sector that grew by 228 locations to 9,612 in the third quarter. The source does not indicate occupancy or pricing for the new location.

The players

Lucid Private Offices

A flexible office provider operating coworking locations in Texas, Georgia, Arizona, and Tennessee.

Intercontinental Real Estate

A real estate firm that acquired the Stonebridge Plaza campus in 2018 and owns the building where Lucid opened its Austin location.

The details

Lucid Private Offices entered the Austin market by opening a location within Intercontinental Real Estate's Stonebridge Plaza II, which occupies the ninth floor of the building. The campus, comprising Stonebridge Plaza I and II, is LEED Gold-certified and totals 386,902 square feet.

Stonebridge Plaza I and II were completed in two phases between 1999 and 2000.
Intercontinental Real Estate acquired the campus in 2018 for $160.3 million from KBS Realty Advisors.
The second Lucid Austin office is scheduled to open in April 2027 at 805 Las Cimas Parkway.

Market Landscape

Lucid's Austin opening extends a national coworking footprint of 168.4 million square feet across 9,612 U.S. locations, which grew 1.2 percent in the most recent quarter. Austin's 122 spaces and 2.2 million square feet place the new location within a metro where flexible workspace is already well established.

Austin workers and small teams gain another option for flexible private offices and team suites without a long-term lease. The 83 private offices and four conference rooms at the new location offer dedicated space for employees who work away from a traditional office.

The takeaway

Flexible office space continues to expand in Austin, giving remote and hybrid workers more options near home. Teams weighing private offices can compare coworking locations across the metro before committing to a lease.

What happens next

Lucid plans to open a second Austin office of 23,029 square feet at 805 Las Cimas Parkway in April 2027, with another Austin location expected by the end of 2027.