Austin’s best new buildings

Austin Business Journal | Staff
Source: Austin Business Journal

The newest Austin Multi-Family Trend Report hints that supply is starting to catch up with Some game-changing, responsible building is taking place amid Austin’s boom, and some of the best real estate projects and transactions were honored on May 10 during the ABJ’s 18th annual Commercial Real Estate Awards dinner.

These buildings not only look great, some of their forms follow fundamental functions for the city — such as affordable housing or faster security checkpoints as the airport. Yeti Coolers’ new headquarters, the hottest new shopping district in the regions — they’re in here. Dive into them all in the slideshow on this page.

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Click through this slideshow to see winners in ABJ’s 2017 CRE Awards program and find out… more

Office development winner: Domain 5

Domain 5, completed in early 2016, is a boutique creative office project that was a collaboration between the Michael Hsu Office of Architecture and Sixthriver Architects. The development is lauded for providing a nice transition between the changing Burnet Road corridor and the sprawling Domain development. The class A building offers about 575,000 square feet of space and is one block away from the Rock Rose entertainment district. Tenants can feel good about their visitors having access to over 100 retailers and five hotels in the neighborhood, and there are more than 2,000 apartments and 30 restaurants within walking distance.

Retail development winner: Domain Northside

No other part of the sweeping Domain development in North Austin has earned the area its “second downtown” reputation more than Domain Northside — the centerpiece of which is the Rock Rose entertainment district. Endeavor Real Estate Group’s vision for the area was simple: Bring the world’s most iconic brands to Austin and mix them with the city’s best homegrown retailers and restaurants. Mission accomplished. Nordstrom, RH, Whole Foods, Neiman Marcus, Kung Fu Saloon, Birds Barbershop, Sway — you name it the Domain Northside has it or will soon, it seems. The development spans 600,000 square feet and delights corporate tenants such as, HomeAway, Accruent and Le Cordon Bleu.

In addition to the projects and transactions honored during the awards dinner at the Four Seasons Hotel in Austin, developer Tim Hendricks of Cousins Properties received the 2017 W. Neal Kocurek Commercial Real Estate Special Achievement Award. There are few developers, if any, who have shaped Austin’s skyline as much as Hendricks. Get to know him, and how he rose to such a position of influence, in this feature report.