Recently announced real estate projects and company headquarters coming to Austin in 2019 including downtown apartments, hotels, and IT and tech company headquarters.
As the Central Texas market continues to attract the best and most innovative companies from every sector of the economy, we’ve rounded up this year’s major real estate and development projects under construction or announced to take place in the greater Austin-area in 2019 and beyond.
Major Construction Projects and Headquarters Coming to Austin
- Apple’s $1B North Austin Campus
- Resideo Technologies, Inc. Headquarters on Sixth Street
- Army Futures Command Headquarters
- Three New Office Mid-rises for Mueller Neighborhood
- RiverSouth on First Street, Downtown
- 91 Red River Apartment Tower and Offices, Downtown
- New Mid-rise Office Building on 18th Street, Downtown
- 5th and Brazos, 32-Story Skyscraper, Downtown
- 410 Uptown Offices and Retail on 18th Street, Downtown
- Society Apartment Complex on South Congress, Downtown
- Colton House Boutique Hotel on South Congress, Downtown
- West Campus Student-Housing Project on 2nd Street, Downtown
- Aspire Student Housing Tower, San Marcos
- The Village at Spanish Oaks, Bee Cave
- Wolf Crossing, Georgetown
- Hays Logistics Center, Kyle
- Driftwood Golf and Ranch Club, Driftwood
Announced on December 13, 2018, Apple Inc. plans to build a $1 billion office campus in North Austin, less than a mile from its existing facilities where it already has a major corporate hub. The new 133-acre facility, on Robinson Ranch, will be able to handle about 5,000 employees when it opens, and could grow to house up to 15,000. The Apple campus will be about 3 million square feet, with 2 million square feet dedicated to office space and research and development. Site preparation is expected to begin in 2019 and Apple hopes to open the first building in 30 to 36 months — about three years. Jobs at the new campus will include engineering, research and development, operations, finance, sales and customer support. Austin is already Apple’s largest corporate hub outside its headquarters in Cupertino, Calif. And this move will make Apple the largest private employer in the region, according to the company’s official statement.
Resideo will establish its headquarters and a software development center at 901 E. Sixth St. in Austin. The state-of-the-art office building will become the new home for the smart home technology company and approximately 120 of its employees, including most of the company’s executive leadership team. The headquarters, including a new customer experience center showcasing the latest products and technologies, is planned to open during the first half of 2019. Resideo offers “smart home” technology under the Honeywell Home brand, including smoke detectors, security alarms, and thermostats. Resideo is expected to generate $20 million in economic impact annually in the Austin community, according to an analysis by the Greater Austin Chamber of Commerce. Resideo will occupy nearly 28,000 square feet in the five-story office building.
Earlier this year, Army Secretary, Mark T. Esper, announced Austin, Texas, will be the location for the headquarters of the new U.S. Army Futures Command. The process started with 150 metropolitan areas, narrowed down to five. Besides Austin, officials considered Boston; Minneapolis-St. Paul; Raleigh-Durham, North Carolina; and Philadelphia. The type of urban ecosystem defined by the selection criteria is where innovation, networking and collaboration are happening daily. The headquarters will house a staff of about 500 with teams of soldiers and Army civilians working out of technology “incubator hubs” alongside entrepreneurs, scientists and researchers.
Just north of downtown Austin, the homes at Mueller promise a work-live-play atmosphere. Shorenstein Properties LLC, one of San Francisco’s largest office landlords, announced on Dec. 13, 2018 it may bring 750,000 square feet spread across three buildings. The first building from Shorenstein is expected to be six stories tall and offer about 235,000 square feet. It will be on Aldrich Street between Robert Browning Street and Simond Avenue.
Located at 401 S. First Street, this 15-story tower is proposed to have 350,611 square feet of office space and 18,000 square feet of ground-floor retail. Amenities include a rooftop bar and lounge as well as on-site fitness studio. Other amenities include green installations at street level including “rain gardens”, according to developer Stream Realty. RiverSouth will be just across Lady Bird Lake from downtown.
A 30-story tower that would stack parking, house three floors of office space and 347 apartments. The proposed tower would rise about 340 feet. The ground level would feature retail tenants and residential and office lobby space. It would be topped by seven floors of parking with a basement-level garage below. The 12th floor would include a pool and deck space with exterior lounge spaces.
Employees Retirement System of Texas is developing a new 200,000 square-foot office mid-rise in downtown Austin. The nine-story office building will sit right next to the Texas State Capitol Complex. Large floor plates will span 34,000 square feet.
A 32-story skyscraper will rise at the northeast corner of Fifth and Brazos streets in a project from Magellan Development Group and contractor Ryan Companies. In the heart of downtown Austin, this tower will house a multitude of hotel experiences, with some rooms costing more than $400 per night, plus hundreds of apartments.
410 Uptown Offices and Retail on 18th Street, Downtown
Proposed 12-story office building with ground-floor retail.
Located at 6001 South Congress Avenue, this 262-unit apartment complex on 6.1 acres is designed to attract “tech-centric” tenants with its smart units and resort-style pool.
A three-story, 80-room boutique hotel will be located near St. Edward’s University at 2150 South Congress Avenue. This $18M project in South Congress will blend boutique hotel with Airbnb with a modern rustic feel and unique approach to hospitality.
History meets high rise, with this 17-story tower that would wrap around the historic Kenney House. This student housing tower would bring 700 bedrooms to one of Austin’s densest neighborhoods, located at 611 W. 22nd Street.
A 13-story student-housing tower that will have 754 beds will be a stone’s throw away from Texas State University on North Guadalupe Street and North LBJ Drive, San Marcos. At 13 stories, this $94 million student high-rise would be one of the city’s tallest buildings.
Located West of State Highway 71 and RR 620 in Bee Cave, the final phase of the Spanish Oaks master-planned community will bring shops, apartment, offices, houses and a hotel to this 80-acre site.
Located on 1-35 north frontage road, just south of University Avenue in Georgetown, shops, restaurants and a hotel are planned in this new commercial hub. Scenic river views and a roster of high-profile tenants, Wolf Crossing will be a huge boost to this suburb’s business and dining scenes. This $200M project will be developed by CSW Development and JLL.
A two-building distribution and fulfillment hub with more than 400,000 square feet will allow Kyle the opportunity to court companies from a variety of industries in this spec space. The center will be located at 300 Vista Ridge Drive, Kyle.
On December 7, 2018, Discovery Land Company, a California-based developer, announcement its plans to develop an 800-acre golf and ranch destination southwest of Austin. Driftwood Golf and Ranch Club will include 310 homes—170 custom home sites and 140 single homes designed by the developers—an 18-hole golf course and a club with amenities. The development will be located at 582 Thurman Roberts Way, Driftwood. Construction on the golf course will begin in January 2019.
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