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Kim_Gatley
Kim Gatley
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enior Vice President & Director of Research at REOC Austin

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Industrial Space on the way at Southpark Commerce Center

Southeast Austin’s Southpark Commerce Center is set to receive more than 350,000 sf of speculative space from Ridge, Transwestern’s industrial development arm.

The project, recently started on a 24.17-acre site near I-35 and SH 71, will be composed of three Class A buildings—a service center and two warehouses—intended for use by multiple tenants.  …Read Entire Post

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New supermarket in store for downtown Austin

A mixed-use project planned for Seventh and Trinity streets has carved out 27,109 square feet for a grocery store. That would make it the largest grocery store on the east side of downtown Austin.

Although specifics are sparse, we can speculate about what type of grocery store might occupy the space. One possibility is a 365 store, the new low-price format from Whole Foods Market. The fourth 365 store, which opened in late April in Cedar Park, encompasses 30,000 square feet. …Read Entire Post

3-story project planned for South Congress

The former St. Vincent de Paul thrift shop, which had been a fixture on South Congress Avenue for more than two decades, is about to take on new life as the space is renovated and a three-story building with shops and offices is built next to it.

The project, called Saint Vincent, is expected to break ground in the first quarter of 2017 along a section of South Congress that is seeing a burst of new development, with some businesses relocating or closing. …Read Entire Post

Developers line up for a chance to remake prime downtown Austin block

Austin Texas DowntownEight companies or partnerships have submitted proposals to transform the downtown block where the county had hoped to build a new courthouse, one of Austin’s most high-profile infill opportunities because the site could conceivably hold the tallest building in town.

The site — just south of Republic Square Park and catty-corner from the W Austin Hotel — is currently a surface parking lot at 300 Guadalupe St. The 77,215-square-foot site is one of the few remaining vacant parcels in the Central Business Districts that’s available for significant development. …Read Entire Post

Ledcor Technical Services moves HQ into North Austin mixed-use project

techridge_mixed-useLedcor Technical Services recently moved into phase one of the $400 million commercial portion of The Lakes at TechRidge near I-35 and Howard Lane.  Phase I of the mixed-use development is fully leased but construction on Phase II is expected to begin this winter. …Read Entire Post

More than 1M square feet of commercial space slated in San Marcos project

trace_highpointeTrace, a $475 million mixed-use project with 1,000 homes and hundreds of apartments as well as office and retail space, is set to rise near the outlet malls in San Marcos. Construction is expected to begin this month on the 420-acre project at Posey Road and I-35, south of the mall. …Read Entire Post

Downtown novelty: $6M sky bridge to connect hotel, Austin Convention Center

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Rendering of the planned Austin sky bridge.

A 33-foot, $6 million aerial walkway surrounded by foliage will connect the forthcoming Fairmont Austin hotel and the Austin Convention Center as part of a partnership between the hotel and a nature conservancy. Work recently began on the walkway and completion is estimated in May 2017.

The unique sky bridge was designed by New York-based Thomas Phifer and Partners. Along with Thomas Phifer and Partners, Michael Van Valkenburgh & Associates Inc. is also designing Waller Creek Conservancy’s revitalization of the 37-acre urban park. …Read Entire Post

Austin company to break ground on $200 million data center

data-foundry-2Data Foundry Inc. is ready to break ground on Texas 2, a 325,000-square-foot data center in Southeast Austin. When completed, the facility will be valued at $200 million, according to company officials.

The campus is located at 4100 Smith School Road near East Stassney Lane and Burleson Road and encompasses 40 acres. Texas 1 and 2 are co-location centers — that is, they will provide data center services to multiple clients. Texas 2 is projected to deliver in third quarter 2017. …Read Entire Post

Huge project on the horizon south of Austin

Pecan Woods Location MapWalton Development and Management moved a step closer recently to starting work on a major mixed-use community in Hays County as part of its vast plans for Central Texas. The 763-acre Pecan Woods project passed a key hurdle Aug. 17 when Kyle City Council approved a development agreement to create a public improvement district, Community Impact reports. …Read Entire Post

County sets stage for major E. Austin mixed-use development

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Plans for Wildhorse Ranch mixed use project.

A massive and long-delayed master-planned community east of Austin is showing signs of life. Travis County commissioners on Tuesday approved the boundaries for a public improvement, which would bring residential and commercial development to 1,450 acres near Walter E. Long Metropolitan Park. …Read Entire Post