Developer breaks ground on Austin office building
Jan 30, 2014
Austin Business Journal
Not all of the major construction activity in the Austin area is in the downtown core. HPI Real Estate Services & Investments, one of Austin’s most prolific real estate companies, broke ground this week on a new building in the San Clemente office and retail park in West Austin, with a technology company tenant on board.
Located at Westlake Drive on the west side of Capital of Texas Highway, the new building will rise five stories and encompass 250,000 square feet.
Spiceworks Inc., a local technology company, has signed on for 95,000 square feet. The new building is scheduled to be completed in May 2015, and Spiceworks will be moving from the Ladera Bend office complex which is on FM 2222 west of Capital of Texas Highway.
The San Clemente office park has six existing buildings and associated retail properties, according to HPI Office Partner Sam Houston. The total site is about 49 acres and was formerly part of Davenport Ranch.
GSC Architects of Austin designed the building. Zapalac/Reed Construction Co. is the general contractor