The nearly 1 million-square-foot corporate campus at 7700 W. Parmer Lane is close to having another 800,000 square feet of office space following a Nov. 2 vote by Austin City Council.
The 995,000-square-foot campus, known as 7700 Parmer, hosts a variety of A-List business tenants, such as Oracle Corp., e-Bay, Electronic Arts, Deloitte, PayPal and Polycom. The proposal to add another 800,000 square feet of office space is to give current tenants the opportunity to expand their Northwest Austin operations, said Amanda Swor of the Drenner Group, PC—a land-use law firm representing the property owner, listed as BRI 1869 Parmer.
Swor said the project would be conducted in two phases. The first phase—to meet the current need—will see the construction of two 200,000-square-foot office buildings on what is now a parking lot for the campus. The market will dictate the timing of the 400,000-square-foot second phase, Swor said. According to the application, it is estimated that the campus will be built out to its full 1.8 million square feet by 2025.
The Rattan Creek Neighborhood sits across Parmer to the west of the campus.
The proposal passed City Council on first reading with no “nay” votes.
Zoning and Platting Commission Chairwoman Jolene Kiolbassa said the expansion of the campus evidenced a growing business community in North Austin.
“There are a lot of businesses moving here, and there is a lot of growth in building office space,” Kiolbassa said. “And it’s not where you’d usually suspect; it’s in these areas in North Austin.”
The city has not scheduled a date for the project to come back to council for final approval.