Projects take shape near Southwest Parkway

Jul 24, 2014
Community Impact

Construction machinery whirring along Southwest Parkway, a stretch of road that connects with Hwy. 71 in Southwest Austin, is a familiar sight to many who drive in the area. Several developments and office projects in the area are already under construction, and plans for others are being reviewed and revised

Near the intersection of Southwest Parkway and William Cannon Drive, Chasco Constructors is laying the groundwork for a major project tentatively called Tecoma, Stratus Properties Inc. President and CEO Beau Armstrong said. Stratus developed plans in the early ’90s for the project north of Southwest Parkway, which will include about 1,860 multifamily units, 1.5 million square feet of commercial space and an extension of William Cannon Drive that will be called Tecoma Circle

Work is underway on the road extension as well as extending Travis County Municipal Utility District utilities to the property, he said. Stratus plans to begin construction by the end of 2014 on the first phase consisting of about 300 multifamily units and 200,000 square feet of commercial space, he said

Structural beams went up in June for another large project, the Encino Trace office park. San Antonio–based developer Koontz-McCombs sold the 54-acre suburban office campus at 5707 Southwest Parkway to Brandywine Realty Trust in May. The two buildings will each provide 160,000 square feet of Class A office space, and the campus will include a six-level parking garage, said Rick Potter, a project executive with Potter & Co. LLC, which is overseeing construction on behalf of Koontz-McCombs

Armstrong said the Tecoma development will help to bring more amenities, including a grocery store, to the Southwest Parkway area and help improve traffic

Trails providing access to the nearby greenbelt, a section with high-end single-family homes and more commercial spaces are planned as part of the Tecoma project, he said. A golf course is approved, but he said he is not sure if it will be built or not

Another nearby project, the Austin Aquatics and Sports Academy, will join the list of amenities coming to the area

Construction started in June on the $6.5 million athletic training facility and Olympic-sized competition pool at 5513 Southwest Parkway, said Todd Foley, head coach and general manager of aquatics. The center is slated to open in October

Austin Aquatics Chief Operating Officer Bobby Thompson said the project team was looking for a site that would serve triathletes and swimmers from throughout Austin as well as Bee Cave and Lakeway

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