East Austin, one of the most dynamic areas in the city, has a unique class of office space delivering in 2023.

Read Next: East Austin Developments (Under Construction and Proposed)

 

Development Pipeline


Click the submarket dropdown at the top of the chart to see data for each individual submarket.

 

1. 1300 East 5th

Address: 1300 E. 5th Street
Type: Office
Size: 123,000 SF
Expected Delivery Date: 4Q 2023
Preleased: 0%
Developer: CIM Group

1300 East 5th St. is a five-story office development expected to supply East Austin with 123,000 square feet of office space, with the possibility of having additional retail space. The project will have private balconies, structured parking, and a fitness center. Currently, the project is 0% preleased and is anticipated to be ready for tenants in 1Q 2023. CIM Group is the developer, CBRE is the primary leasing company, and Sixthriver is the Architect. 

 

2. T3 Eastside

Address: 1200 E. 4th Street
Type: Office, Residential
Size: 93,000 SF office, 9,200 SF multifamily
Expected Delivery Date: 3Q 2023
Preleased: 0%
Developer: Hines

T3 Eastside, (Timber, Transit, Technology) is a new office building incorporating a completely sustainable timber frame. The project is expected to deliver 93,000 square feet of office and 9,200 square feet of multifamily space in 3Q 2023. The three-story building will have a fitness center, yoga studio, rooftop patio, and access to local transit systems. Hines is the developer and JLL will oversee the leasing of the project. 

 

3. 2105 E MLK

Address: 2105 E. Martin Luther King Jr. Blvd.
Type: Office
Size: 30,081 SF
Expected Delivery Date: 2Q 2023
Preleased: 0%
Developer: JLL 

2105 E. MLK is a three-story, 30,081-square-foot office building expected to deliver in 2Q 2023. The space offers access to outdoor space, bike storage, and a healthful work environment. The flexible space offers options for both single and multi-tenant floor plans. JLL is handling leasing, Cushing Terrell is the lead architect, and Sabre Commercial is the general contractor. 

 

4. Red Bluff

Address: 4713 E. Cesar Chavez Street
Type: Office and retail
Size: 102,753 SF
Expected Delivery Date: 4Q 2023
Preleased: 0%
Developer: HN Capital Partners 

Red Bluff is a 102,753-square-foot boutique office space delivering in 4Q 2023 and will be the first project in the Red Bluff District. This three-acre site will include a luxury hotel and restaurant as well as retail space bordering the Colorado River. The project aims to seamlessly integrate outdoor space and office space. HN Capital Partners is the developer with CBRE handling leasing. 

 

Conclusion

These four projects will bring over 300,000 square feet of office space to the rapidly changing East Austin neighborhood. It will be exciting to see what else 2023 will bring to the area.

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Kirk Silas | AQUILA Commercial

Kirk Silas

Kirk manages AQUILA's research department and oversees research initiatives and data collection

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