Sources: to bring 200-plus tech jobs to Austin

Nov 13, 2014
Austin American Statesman

E-commerce giant is set to establish a major presence in Austin, with plans to potentially bring up to 250 technology jobs to a 76,000-square-foot office at the Domain, according to sources familiar with the company’s plans

Local commercial real estate brokers say Seattle-based Amazon has quietly been scouting for an Austin location for a year or so. The company has settled on Domain 7, a new 222,000-square-foot building at 11501 Alterra Parkway in the Domain, the mixed-use project between MoPac Boulevard (Loop 1) and Burnet Road that’s being developed by Austin-based Endeavor Real Estate Group. A lease hasn’t yet been signed. Amazon is expected to start occupying the space by mid-2015

Amazon officials didn’t respond to messages seeking comment. Brokers involved in the deal said they couldn’t comment, citing confidentiality agreements

Amazon’s expansion here would be a boost to Austin’s technology sector, said Austin Mayor Lee Leffingwell, who said he wasn’t privy to any negotiations related to the deal

Although there was no word from Amazon on how many employees are expected to work in the Austin office, a local official familiar with Amazon’s site search put the figure at about 250 technology jobs

The company’s website on Wednesday listed more than two dozen tech-related jobs available in Austin, including software-development and hardware-development engineers

As Amazon sought Austin offices, developers with new office buildings under construction “were all chasing them,” said Rhonda Toming, managing director of the Austin office of Fischer & Co., a national commercial real estate brokerage firm

David Armbrust, a real estate attorney in Austin, said if the Amazon deal does come through, “that would be a great deal for Austin and a great addition to the Domain. It’d be like a new anchor employer-tenant.”

Sam Houston, office division partner with Austin-based HPI Real Estate Services and Investments, said Amazon “would be a great addition to the Austin economy and high-tech community.”

The Domain 7 building, which is immediately north of the Domain Gateway building, is one of two new office buildings at the Domain. The other — called Domain 2 — is leased to HomeAway

Endeavor developed Domain 2 and Domain 7, along with San Francisco-based Shorenstein Properties LLC and Deutsche Asset & Wealth Management

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