Austin’s Eastside has experienced rapid growth in the form of new development in recent years. In many of the projects popping up in East Austin, developers are turning toward renewable energy, unique design, and innovative amenities to fit the East Austin culture.
In this article, we will highlight six of the most important office projects expected to break ground or deliver to Austin’s Eastside submarket in 2020.
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Four Buildings Scheduled to Deliver in 2020
1. Eastlake at Tillery
Address: 3212 E. Cesar Chavez St.
Size: 172,423 SF (two buildings)
Purpose: Office
Image courtesy of CoStar
Eastlake at Tillery is a two-building, 172,000-square-foot Class A office development located on East Cesar Chavez Street at Tillery Street. The project broke ground at the end of 2019 and is expected to deliver in December 2020.
The project will feature on-site café space, cutting-edge exterior common areas, and a rotating, local art display, and is situated just behind popular Austin restaurant Grizzelda’s. It is surrounded by other trendy restaurants and coffee shops, including Jacoby’s and Picnik.
In addition to proximity to local culinary and entertainment amenities, Eastlake at Tillery is optimally located for corporate needs, only five minutes to the Oracle campus and eight minutes to the CBD by car. The project also offers prime access to the Austin-Bergstrom International Airport and connectivity to the city’s growing northwest neighborhoods and workforce via US-183.
Cypress Real Estate Advisors, Inc. is developing the project, and AQUILA Commercial is handling its leasing.
2. 618 Tillery
Address: 618 Tillery St.
Size: 187,155 SF
Purpose: Office
Image courtesy of CoStar
618 Tillery might be the most eco-friendly development coming to East Austin in 2020. The project is the renovation of a warehouse into 187,155 sf of Class A office space and is expected to deliver in 1Q 2020.
According to Austin Business Journal, of the $30 million project budget, $1.5 million was dedicated to a rooftop solar installation that will generate 75% of the building’s electricity needs, with a long-term goal of reaching 100% efficiency. The solar panels will also function as shade for the open-air deck on the top floor of the building.
Peter Barlin developed the building and sold the project (alongside two other Eastside development sites) to CIM Group in October 2019.
3. Foundry II
Address: 1600 E. Fourth St.
Size: 161,436 SF
Purpose: Office
Image courtesy of CoStar
Foundry II’s site was first occupied by the historic ‘Hepcat’ home, which developers relocated and donated to a local homeless woman. Now, the site will be home to the second phase of the Foundry development, with 161,436 square feet of Class A office space. The project is expected to deliver in July 2020.
Michael Hsu Office of Architecture, the firm behind the South Congress Hotel and one of the collaborators for Plaza Saltillo, is responsible for Foundry II’s design. The design of the building will maximize outdoor space with a 3,000-square-foot terrace that offers views toward downtown Austin and connects to the project’s conference and meeting spaces.
Cielo Property Group is developing the project.
4. 1141 Shady Lane
Address: 1141 Shady Ln.
Size: 64,674 SF
Purpose: Office
Image courtesy of CoStar
1141 Shady Lane will further the trend of sustainability-focused deliveries in East Austin once it delivers in March 2020.
The 64,674-sf building will feature a passive solar shading design as well as a solar park, both of which will optimize energy consumption.
The site of the development, which lies in an opportunity zone, is also home to a 2,000-sf historic building that will be available as stand-alone retail space.
Saxum Real Estate is developing the project.
Two Buildings Scheduled to Break Ground in 2020
5. Red Bluff District
Address: 4711 E. Cesar Chavez St.
Size: 90,000 SF
Purpose: Mixed-Use
Image courtesy of CoStar
Red Bluff District will bring 90,000 sf of office, residential and retail space along the Colorado River, between Pleasant Valley Road and US-183. While the project is currently being proposed, it is expected to break ground in 2020.
The site on East Cesar Chavez Street provides direct and easy access to the CBD, while the proximity to US-183 allows for easy connectivity to the airport and the northwest suburbs for future tenants of the 64,265 sf of office space.
6. Austin Viie
Address: 3443 Ed Bluestein Blvd.
Size: 4,600,000 SF
Purpose: Office
Image courtesy of CoStar
Austin Viie is a large-scale redevelopment project of a portion of the old Motorola campus along
US-183. Eventually, Austin Viie will offer over 4.6 million sf of office space alongside coworking, retail and medical spaces. The project has been in progress for over two years and will deliver the first two buildings of the multi-phase project in the first half of 2020.
A recent partnership dispute between the owners of the project called its fate into question. However, Adam Zarafshani, who is one of the partners on the project, told subcontractors that work on the project would continue as normal.
The project is being developed by Adam Zarafshani, owner of Panache Development and Construction Inc.
Read Next: 4 Central Austin Office Developments Currently Under Construction
Conclusion
It appears 2020 will be an exciting time for the Eastside, with large-scale projects breaking ground and delivering throughout the year.
Sustainability-focused projects have dominated the landscape with developments like 618 Tillery and 1141 Shady Lane that feature renewable energy sources in order to optimize energy consumption and decrease operating expenses for future tenants.
If 2019 is any indicator, these projects should have no issue creating interest amongst tenants looking to lease office space in the area and capitalize on East Austin’s unique atmosphere.
