High-rise commercial buildings

Sub Markets

Property Sectors

Topics

Texas CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Texas  + Austin  + Hospitality  | 
Austin Convention Center redevelopment underway

$1.6B Austin Convention Center Expansion Underway

Out with the old. In with the new. The dated Austin Convention Center has closed its doors, and the new one just broke ground. The old center will be mostly demolished. The $1.6B expansion project will be ready for the 2029 spring festival season.

Community Impact reports the new facility will have 620,000 square feet of rentable space, a nearly 70% increase. It will include a larger exhibition hall below-ground and new public areas, pedestrian connections and commercial spaces at street level. The campus will also have room for potential future expansion of up to 140,000 additional square feet. The redevelopment is funded entirely through city hotel tax collections that have been reserved for the project. It will add $750 million in annual economic impact and $12 million in annual civic tax revenue, as well as the estimated 1,600 local jobs the redevelopment project will create.

Connect

Inside The Story

Austin Convention Center

About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

  • ◦Development