New development in SE Austin prepares to break ground in 2021

[Neil Narayan]

160 acre new development in SE Austin 5 times larger than the Domain coming east of the Airport close to where Tesla bought the land for their Gigafactory 

A more than 300-acre lot right next to the Austin-Bergstrom International Airport is set to transform into a seven million square-foot mixed use development.

Developers of Velocity told KXAN they’ve updated their design to feature housing, office space, creative space and retail.

The project is set to feature:

• 2,683 multi-family units
• 2.9 million square feet of office providing the opportunity for two, large corporate campuses along with traditional office space
• 585,000 square feet of flex industrial and creative office
• 310,000 square feet of commercial use for retail, restaurants and a cinema
• Three hospitality sites
• A large central park

https://www.kxan.com/news/business/velocity-mixed-use-development-in-southeast-austin-prepares-to-break-ground-in-early-2021/