E L E V A T E I Q

EXPLORE THE NEIGHBORHOOD

Welcome to Austin's CBD

The Central Business District is having a moment. Transforming from Texas’ sleepy Capital town to a bustling downtown mecca that’s consistently being named the Best Place to Live, Austin’s CBD is experiencing unprecedented growth, with new startups & skyscrapers seemingly popping up everyday. It’s a vibrant and buzzing mix of creatives, socialites, techies, old Austinites and newcomers alike who find commonality through arts, music, business and plethora of outdoor activities. Laid out by Edwin Waller in 1839, CBD runs north-south from the river (Cesar Chavez) to The Capitol (15th Street), and east-west between I-35 and Lamar.

Submarket Details

WHAT YOU WILL FIND:

Busy sidewalks, fun energy and a new skyscraper seemingly every week.

THE 9 TO 5:

Punch the clock to grab some happy hour margs on a patio to beat rush hour.

SUBMARKET APPEAL:

Urban environment surrounded by nature creates a downtown unlike any other.

THE MARKET:

From Class A skyscrapers to historic homes zoned for retail, a wid range of office options across the area.

YOU WILL REMEMBER:

The endless options for your next team-building event right outside your door.

Characteristics

High Restaurant Density, Vibrant Nightlife, Walkable, Tourist-Friendly, Historic Roots, Class-A Office Space, Hotels, Public Transportation

Location in Downtown Austin

Average 5PM Commute Times

ABIA

THE DOMAIN

CEDAR PARK

SW CIRCLE C RANCH

25-40 min.

17-25 min.

26-45 min.

22-35 min.

Boundries

East to West – North Lamar Blvd. to I-35
North to South – West Martin Luther King Jr. Blvd. to West Cesar Chavez St.
Nearby Neighborhoods – Barton Hills, Hyde Park, Travis Heights

GOOD TO KNOW

The average commute time in Austin in 40 minutes

THE PERKS OF DOWNTOWN

What’s beautiful is how old Austin and new are so seamlessly intertwined. The rich history and new improvements makes downtown a perfect place for innovation, creativity and connection to collide.”

Image Couresty of: http://downtownaustin.com.

What To Expect

There’s good reason why Austin consistently tops the ‘Best Place to Live’ list, it’s got a little something for everyone. With it’s air of entrepreneurial spirit, spicy margs and constant live music in the background make Austin an easy place to open up for business.

Downtown’s atmosphere is filled with tourists, professionals and tons of culture from music to the murals on every other building you pass by. Once you think you’ve grasped the Downtown lifestyle, stick around for the weekend and discover one of the best restaurant and nightlife scenes in the country. Don’t forget to look up and see the cranes towering over you as proof the city is continuing to grow into a great metropolis.

THE LIFESTYLE

Never a dull moment with an ecosystem of driven entrepreneurs, quirky creatives and a million things to do.

The historic music venues, rooftop bars, relaxing patios and hotel pool decks along Congress Ave, 2nd Street District and the maturing Rainey Street District provide endless options for building relationships outside of the office. The food and beverage scene is continuing to quickly gain notoriety with hot spots perfect for entertaining clients and executives like Red Ash, Hestia, The Peacock & Comedor. But also let’s not forget about the plethora of food trucks and casual lunch spots that make grabbing a bite between meetings a breeze. For the nature-inclined, Lady Bird Lake, Zilker Park & its surrounding hike/bike trails are the perfect place to grab some exercise or unwind after a stressful week in the office. 

SHOOT ME STRAIGHT

Traffic. It’s a running joke among locals and is on par with the type of congestion historically seen in major metros like LA and San Francisco. The city is doing it’s best to address the lack of proper transportation infrastructure to support the exploding population, but Mo-Pac and IH-35 are bumper to bumper most times of the day. Parking is also becoming a bit of hot commodity, but new construction is helping ease the lack of available spaces. Cost of living is generally fair, but the rise in downtown living expenses and at trendy dinner spots it’s not uncommon to see $18-20 cocktails.

THE MARKET

From Class A skyscrapers to historic homes, Austin CBD offers the widest range of office options in the city.

Austin’s CBD remains the city’s premier submarket for tenants looking to recruit and retain top talent across a wide range of disciplines. In these next 2 years, there is over 2 million square feet of office space that is set to be delivered by 2023. Developers are considerate to the needs of the millennial workforce, continuing to push the boundaries when it comes to amenity spaces with things like rooftop dog parks, micro-gardens and ample common areas to collaborate and meet new people.

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