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Austin Mega-Project Filling Up
425-acre EastVillage is filling up its massive space at a healthy clip. Reger Holdings has signed a number of tenants and has a number in the wait.
By the time the project is built out, it will have 500,000 square feet of retail, restaurant and entertainment spaces, 1.5 million square feet of office space suitable for life sciences uses, 2,400 multifamily units, 466 single-family homes, three hotels with 420 rooms and a 150-acre nature preserve.
The Austin Business Journal reports for now, six buildings concentrated around Inovar Circle have been completed, and several retail, hotel and office leases have been signed.
Among them, life sciences company BillionToOne has signed a 220,000-square-foot lease for office space in the development. Hilton Hotels & Resorts has signed three hotel leases, and Bowling 810, Swish Dental, Refuel, Spoon & Fork Thai, and Medspa 810 have all signed leases as well.
Around 1.3 million square feet of office space remains that’s suitable for both life science users and traditional office tenants. The brokerage handling office leasing is ECR.
- ◦Development
