Wrangler, Alberta Boot Company, Cody & Sioux, and Astrid & Miyu Coming to 1612 South Congress

July 21, 2026

Austin, TX - Quannah Partners and Fortum Ventures (“Owner”) announced today that Phase I of the redevelopment has been fully leased, bringing Wrangler, Alberta Boot Company, Cody & Sioux, and Astrid & Miyu to one of Austin's most iconic retail corridors.

The first phase of the project will deliver approximately 6,800 square feet of retail space this Fall, with all four retailers expected to open by the end of the year.

The new tenant lineup represents a blend of heritage western brands and contemporary retail concepts, reinforcing South Congress' reputation as a destination for distinctive shopping experiences. The project will introduce Alberta Boot Company's and Cody & Sioux’s first-ever U.S. retail location and will serve as their flagship store in the U.S. Astrid & Miyu will debut its first Texas boutique and fifth U.S. location and Wrangler will also establish this location as their flagship store in the U.S. underscoring the corridor's continued appeal to both established and emerging global brands.

"We're excited to welcome four exceptional retailers to 1612 South Congress," said Doug Wiley, Chief Executive Officer of Quannah
Partners. "Each of these brands has a strong identity and an authentic
story, and together they reflect the quality, craftsmanship and originality
that define South Congress. We believe they'll be a meaningful addition to one of Austin's most vibrant retail destinations, and we're proud to continue investing in the long-term success of this iconic corridor."

• Wrangler, occupying approximately 1,625 square feet, will bring one of the world's most recognizable western and denim brands to South Congress, celebrating the heritage and style synonymous with Texas and establishing their flagship store in the Texas Capitol.
• Alberta Boot Company, occupying approximately 4,002 square feet, will introduce its handcrafted western boots and nearly five
  decades of Canadian craftsmanship to American consumers through its flagship U.S. location.
• Cody & Sioux, Alberta Boot Company's sister brand, introducing fashionable ready-to-wear western clothing
• Astrid & Miyu, occupying approximately 1,200 square feet, will expand its growing U.S. footprint with its first Texas boutique, offering its signature contemporary jewelry and immersive retail experience.

As part of the redevelopment, the Owner expanded the building's footprint by approximately 900 square feet, thoughtfully reimagining
the property while preserving its prominent presence along South Congress. The redevelopment was designed to reflect the evolution of South Congress itself by honoring the corridor's character and legacy while acknowledging its continued evolution. The design intent sought to capture the authenticity of South Congress, which included preserving elements of the historic façade and preserving the existing buildings entirely. Construction is currently underway, with delivery of the retail spaces anticipated in Fall 2026.

The redevelopment represents the first phase of the teams’ long-term vision for the property. A second phase, planned along the Milton
Street frontage, is expected to begin construction in early 2027 and will add just under 4,000 square feet of additional retail space, creating opportunities for one or two additional retailers. This space is currently available for lease and actively being discussed with prospective tenants.

The Owner recognizes the importance of this property within the South Congress community, and their goal has been to thoughtfully reinvestHotel to the Hyatt Standard flag across the street from 1612 South Congress set to open in January 2027, attracting more foot traffic in the area.

The Owner recognizes the importance of this property withinthe South Congress community, and their goal has been to thoughtfully reinvest
in the site, create exceptional retail experiences, and contribute to the
continued evolution of one of Austin's most dynamic neighborhoods. The project is intended to honor the past and reflect the unique identity that Austin can claim as its own.

The redevelopment team includes 3-0 Real Estate Partners as leasing broker, Perkins&Will as architect, Kimley-Horn as civil engineer,
Capital Constructors Group as general contractor, and Project Management Advisors as Construction Manager.