GM’s big renovations, Yeti HQ update and more mixed-use — Austin commercial construction on fire

Jan Buchholz | Senior Staff Writer
Source: Austin Business Journal

Rumors have abounded that Austin’s scorching development pipeline might be slowing down, but that doesn’t appear to be the case based on the latest data provided by Dodge Data & Analytics. In fact, non-residential construction was up a stunning 23 percent in October compared to a year ago.

Based on construction projects logged at the Texas Department of Licensing and Regulation, there’s certainly substantial anecdotal evidence of that surge.

Good Fulton & Farrell Architects

A wide variety of multimillion dollar projects from boutique creative offices to expensive tenant improvements are underway in Travis County. Education-related projects dominate the development pipeline in Hays and Williamson counties. See a list of some of the more noteworthy developments below.

Based on the Dodge data, last month’s construction starts in Travis, Williamson, Hays, Bastrop and Caldwell counties were valued at $346.7 million.

Year-to-date, non-residential construction starts total $2.7 billion, up from $2.3 billion at this point in 2015.

Residential building was also up in October but by a modest 3 percent — valued at a little over $396 million. Year-to-date residential construction starts are valued at $3.9 billion — up from $3.4 billion a year ago.

Here’s a look at some major projects underway:

  • Music Lane mixed-use project at 1011-1123 S. Congress Ave. Veteran developer Clark Lyda heads the development group, Music Lane Owner LLC. Valued at $47 million and designed by acclaimed firm Lake/Flato Architects, the project will replace structures that currently house Sfanthor House of Wax, Doc’s Bar & Grill, woman’s clothing store Strut, Wet Salon & Studio, United Apparel Liquidators and others. Three new buildings will be constructed on the 1.5-acre site.
  • Richard Kooris, the filmmaker who produced “Texas Chainsaw Massacre II,” continues his foray into real estate with the development of 901 East Sixth St., a proposed five-story mixed-use project. A demolition permit for two existing structures on the property is pending. The project is valued at $18.7 million.
  • Elizabeth Alford and Michael Young, principals of Pollen Architecture & Design, are planning 25,000 square feet of creative office space at 1224 East 12th St. The project is valued at $4 million. City plans show that the project, dubbed “1224 NextDoor Creative Offices,” is in the city plan review process.
  • Trammell Crow Co. and partner Karlin Real Estate will break ground early next year on two more office buildings at the Parmer business park in North Austin. Parmer 3.3 and Parmer 3.4 will be mid-rise office buildings valued collectively at $25 million. The address for both properties, at least for the moment, is 13011 McCallen Pass Drive. STG Design is the architect.
  • Near Parmer business park, General Motors plans nearly $14 million in renovations at its GM IT Innovation Center, 13201 McAllen Pass Drive. SmithGroupJJR’s Phoenix office has the architectural assignment.
  • An entity formed by Solana Beach, California-based Senior Resource Group will build a $60 million senior housing project at 11011 Austin Lane at The Domain. Austin city records indicate that the project was submitted for plan review August 31, and city staff are awaiting updates.
  • Endeavor Real Estate Group is ready to break ground on the first phase of Belterra Village — about 95,000 square feet of retail space valued at nearly $22 million. Nelsen Partners is the architect. Some tenants that have been announced for Belterra Village are Torchy’s Tacos, Sky Cinemas and Spec’s Wine Spirits and Finer Foods, plus a new concept from the owner of Stiles Switch BBQ & Brew restaurant, to name a few
  • Tenant improvements at the Yeti Coolers headquarters are substantial — about $12.3 million. Gensler is the architect. Read more about the project in this story from July. Lincoln Property Co. is the developer of the 175,000-square-foot campus that Yeti will occupy at 7601 Southwest Parkway. Completion of the corporate headquarters is projected for July 2017.
  • Industrial Group Southwest based in Schertz, Texas, is building two industrial buildings at 1200 and 1202 BMC Drive in Cedar Park. The $8.1 million project should open in late summer 2017.
  • Texas State University has several projects underway or in the works. The publicly-funded projects include the Round Rock Health Professions No. 1 building in Round Rock. The clinics, labs offices and student facilities will be built at 200 Bobcat Way for about $44 million. The four-story building is scheduled to be completed in March 2018. Separately, $6.9 million in renovations are underway at the J.S. Mitte and Sabinal buildings in San Marcos. The Texas State University library repository is under construction at 250 E. McCarty Lane. The storage and archival warehouse is valued at $10.3 million and is slated to be completed in July 2017.