Real Estate

An overview of the major drivers of Real Estate Development in Austin, Texas

Waterloo Park and Greenway

• Waterloo Park offers 11 acres of green space and gardens including a 5,000 person capacity Amphitheater

• Waterloo Greenway-Think The High Line in NYC but below grade running along an urban waterway 15 blocks through Downtown Austin culminating with what is to be known as The Confluence with key features such as: pedestrian truss bridges, canopy walkways, an 800 foot boardwalk, lagoon overlook and more

Austin Innovation District

The district covers more than 14 acres, of which is now being identified as a CLD (Central Lifestyle District) headlined by the intersection of UT Medical School, Moody Center and Waterloo park. The flagship Innovation Tower opened in 2022 offering more than 300,000 SF of office space for health sciences and biotech companies.

Symphony Square

• Another cultural icon with the home of the Austin Symphony Orchestra and outdoor 350 seat stone amphitheater, also tied into waterloo greenway

• Symphony Square and The Waller: Symphony Square development includes 4,000 SF retail and restaurant space, 160,000 SF of office space

• Next door is The Waller: Apartment development with 388 studio, one, two and three bedroom apartments. The Symphony Square office complex and The Waller have shared amenities and are connected by a walkway.

Texas Capitol Complex

Master plan of the 40 block area around the Capitol Building, headlined by a pedestrian mall similar to Washington Mall. This provides new life for Blanton Art Museum and Bullock Texas State Museum.

Overall there will be a $581M investment comprised of the following:

• 1M square feet of office space in two new office towers, including a new, larger child care facility for State employees

• An iconic, tree-lined pedestrian civic space, including an amphitheater, all maintained by the State and available to the public

• A consolidated underground parking garage available to the public for a fee

• Cultural venue space to complement the Blanton Museum and Texas History Museum

Convention Center Expansion

Starting 2025 with projected finish in 2029. The plan will nearly double the available rentable space at the facility while building a Center that is more responsive to market trends and customer needs. The new multistory center is expected to span more than 1 million square feet with an expected economic impact of $285 million per year.