Spark Root Development broke ground on one of its newest projects in East Austin in April, near the 200-acre Colony Park community.
What you need to know
The developer broke ground on the 152,000-square-foot development April 23. Per a press release from broker ECR, this is one of the largest commercial projects to break ground east of US 183.
The details
The Collective East, a development planned for commercial services such as retail, workshop, office and warehouse, will bring open-plan layouts, 20-foot ceilings, as well as garage doors and mezzanine levels in some suites.
The seven-building project will bring over 100 flex commercial suites to the area, with 387 parking spaces. Plans for the development show it is adjacent to a future multifamily project.
The area will be serviced by the future CapMetro Green Line, according to the brokerage.
What's next?
ECR is already leasing units in the project. The first few buildings are expected to be available later this year.