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

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Hutto construction projects start ahead of schedule

UnderConstruction_CraneGround breaking for the construction of Schneider Boulevard through the new $100 million speculative building investment in Hutto by Titan Development will be Oct. 17. Construction on the first building will begin Nov. 6. …Read Entire Post

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37-story tower planned for downtown Austin block

Austin downtown skyline.

Austin downtown skyline.

Trammell Crow Company plans to build a 37-story tower with office, restaurant and retail uses on a prime downtown Austin block owned by the University of Texas System, documents filed with the city show. …Read Entire Post

Facebook takes another big bite of downtown Austin with major lease

fb-artFacebook Inc. is reportedly poised to massively expand its presence in downtown Austin, with another office inside of a gleaming skyscraper.

The social media behemoth plans to lease more than 230,000 square feet inside Third+Shoal, the 29-story tower being built at 208 Nueces St., the Austin American-Statesman reports. …Read Entire Post

Local Resident to Develop Class A Office Property in Austin

Austin resident Michael Ayer will develop Davenport 360, a 33,911-square-foot, Class A office property that will be located at 6001 Bold Ruler Way along Capital of Texas Highway in Austin. The property will be situated near local retail and restaurant options and offer employees a three-level parking garage. The developer plans to break ground as soon as the property is 50 percent pre-leased.

Click here to read the original article: Local Resident to Develop Class A Office Property in Austin REBusiness 9-11-2017

42,000 SF Medical Office coming to Austin Metro

Perardi Development will build Medical Towers at Bee Cave II, a 42,000-square-foot medical office property located at the corner of RM 620 and State Highway 71 in the Austin metro of Bee Cave. Scheduled to break ground later this month, the project follows the completion and pre-leasing of the 23,000-square-foot Medical Towers at Bee Cave. This second phase of the project could be completed as early as mid-December 2018.

Click here to read the original article: 42,000 SF Medical Office coming to Austin Metro REBusiness Online 9-7-2017

Austin's skyline to reach new heights

Austin skyline will feature a new skyscraper.

Austin skyline will feature a new skyscraper.

A skyscraper proposed for 600 Guadalupe St. in downtown Austin is planned to soar more than 60 stories high — perhaps up to 75 — it would be by far the tallest building in the city.

…Read Entire Post

Susan Sarandon's proposed downtown Austin ping-pong bar

Spin Austin — a ping pong-themed restaurant and bar with similar locations in other tech-heavy cities around the nation — is bouncing along with plans to occupy two buildings on the southeast corner of Fifth and Lavaca streets.

The remodeling of 209 and 213 W. Fifth Street was registered with the Texas Department of Licensing and Registration by Robert Hersch with Mastodon Ventures Inc., an Austin-based advisory firm focused on the restaurant industry. A request for interior demolition permit is active in the city’s development services department. …Read Entire Post

Summit at Rivery adds tenants as city acts on retail plan

The Summit at Rivery Park, the 32-acre mixed-use development between Rivery Boulevard and Williams Drive, will see new locations for Orangetheory Fitness and Woops BakeShop open by the fall, according to the companies.

The boutique retail development’s owner expects to add several more tenants before the end of 2017, including a brick-oven pizza restaurant, according to Jeff Novak, managing partner with Novak Brothers, the company behind the retail development. …Read Entire Post

$105M entertainment district headed to Hutto

Hutto City Council unanimously voted Thursday night to start negotiations with MA Partners to lead the redevelopment of the Co-Op District, near the intersection of Short Street and Highway 79. The district is centered around a repurposed former cotton gin that operated in the Williamson County town from 1938 to 2001. …Read Entire Post

New $45 Million Home for Travis County Prosecutors

Named after the longstanding district attorney, the Ronald Earle Building is under construction at 416 W. 11th St. Austin DA building construction 2017

The seven-story, 125,007-sf structure, which includes underground parking, is scheduled to be finished in spring 2018. The total cost of the project is $45 million. The building will primarily serve county prosecutors. …Read Entire Post