Dirt Moves on Parmer 3.2 Office Project

Aug 4, 2014
GlobeSt

Karlin Real Estate and master developer Trammell Crow Co. have broken ground on Parmer 3.2, a new class A office building offering 192,000 square feet of prime office space


Parmer 3.2 is the first phase of new construction at Parmer (www.parmeraustin.com), Karlin’s 400-acre master planned technology and office park in North Central Austin


Parmer 3.2 is a three-story office building featuring a modern design with expansive 64,000 square-foot floor plates that are designed for either single or multi-tenant occupancy.   Situated on a 14-acre parcel of land, the development is surfaced parked at 5 spaces per 1,000 square feet with the ability to expand parking facilities to accommodate any tenant need.  Construction is expected to be completed in the second quarter of 2015


The start of construction of Parmer 3.2 is the culmination of three years of planning by Karlin to develop a master planned business park, in what is the heart of Austin’s technology and business corridor.  In 2012, Karlin acquired 300 acres of land immediately adjacent to three 300,000 square-foot institutional quality office buildings, that the Los Angeles-based real estate firm purchased from Dell USA a year earlier.  Parmer is currently zoned for up to nine million square feet of office, industrial, hotel and retail uses


Concurrently with the work on Parmer 3.2, Karlin is moving ahead with construction of additional infrastructure and amenities that will benefit all tenants in the park.  The highlight of these improvements will be a central amenity area including covered outdoor dining and seating areas, extensive hardscape improvements, miles of jogging/walking paths and wi-fi enabled social areas in an abundantly landscaped setting


The master planned development is bordered by McCallen Pass on the West, E. Howard Lane on the North, Harris Ridge Boulevard on the East and Parmer Lane on the South with immediate access to I-35, MoPac and US 183


Other members of the development team include: STG Design, architect; and Austin Commercial, general contractor


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