Chase Tower, the 21-story downtown high-rise at  221 W. Sixth Street, is getting a new name.

The name — Procore Tower — was revealed Wednesday, the Austin American-Statesman reported. An unveiling event featured a 4-foot-tall cake replica of the building.

It's being named after Procore, which provides construction management software. Procore leases eight floors —almost 107,000 square feet of space — in the building. The tower, which has undergone multiple changes of ownership and renovations since being completed in 1974, is owned and managed by CIM Group.

Los Angeles-based CIM co-owns the tallest completed building on Austin's skyline — the 58-story downtown high-rise named the Independent, also known as the "Jenga tower."