Chinese-American developer targets office condos in Austin's Chinatown area

Mar 7, 2014
Austin Business Journal

Austin developer Robert Lee has broken ground on an office condo project dubbed The Edge in the North Austin neighborhood he knows well — an area known for its many Asian-owned businesses near North Lamar Boulevard and Braker Lane


Lee’s mother, Rita Lee, was one of the first Chinese women working as a real estate broker in Austin, founding Lee Properties in 1982


Robert Lee has owned the land where The Edge is being built at 1139 W. Braker Lane for many years. His company, LD&C, has developed numerous projects locally, including 21 Pearl, a student housing apartment project in the West Campus area of the University of Texas


Though multifamily and single family housing has been his forte over the years, he built other commercial projects including The Edge


The 12,100-square-foot, two-story building is designed by Austin-based Runa Workshop. Office suites will be available from 1,000 to 6,000 square feet and sell for an introductory price of $180 per square foot


The office condos are near a number of large tech companies, including IBM Corp., Oracle Corp., National Instruments Corp. and Hewlett-Packard Co.


The building will be completed by August. LD&C has its own construction arm


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