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

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South Austin Thrives Amidst Development Boom

The South Austin area surrounding South Congress and Ben White is growing substantially as it plays host to development projects which include residential, retail and office space. Also being built is the South Central Transit Center, a new part of the Capital Metropolitan Transportation Authority system, which will serve to improve the city’s public transportation, beginning in early fall.

Some projects coming online soon are 2900 South Congress, a 21-unit office complex and SoCo Lofts, a housing complex with more than 20,000 sf of restaurant, retail and office space. The Abby at Ben White, a 48,938 sf shopping center built in 2007, recently came onto the market. It is currently home to a diverse group of tenants and is selling for $12.5 million.

This area, just minutes from downtown, has become a bustling hub of expansion with a live/work/play design. Its convenient location is not only close to the heart of Austin, but is also near many major roadways, such as U.S. Highways 35, 290 West, 71, and a short distance from both 360 and MoPac. It is also just minutes from Austin-Bergstrom International Airport and rests on the doorstep of St. Edward’s University.

For more information on the South Austin commercial real estate market or properties, contact the professionals at NAI Austin through www.naiaustin.com. For retail information, contact NAI Austin Retail Specialist Sherry Sanchez; for office information, contact NAI Austin Office Specialist Lise Wineland.

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