Velocity Tower is an investment opportunity located in the heart of Austin, Texas. The two sites, which currently house Velocity Credit Union’s headquarters and main branch, are positioned on a combined 2.4 acres in Austin’s Central Business District near the 11th Street and Red River intersection. The property’s potential to house over 800,000 SF of office, residential and/or hotel developments makes it a unique large-scale mixed use development opportunity in the CBD.
- The two sites are positioned on 2.4 acres near the 11th Street and Red River Intersection
- CBD Zoning allows for over 800,000 SF of mixed use development
- Exceptional CBD location near the State Capitol, University of Texas and Dell Medical Center
- Next door to the proposed Brackenridge Central Health Redevelopment
- Excellent access to IH 35