With a handful of development projects scheduled to open or break ground, the Burnet Road corridor in the area surrounding The Domain will look significantly different in 12 months than it does now.
Near the intersection of Burnet and Braker Lane, the new Austin FC stadium is almost complete. On Jan. 25, the Major League Soccer franchise named Austin-based tech company Q2 Holdings Inc. as the naming partner for its arena, now named Q2 Stadium.
Austin FC President Andy Loughnane in November said the 20,500-seat stadium is nearing 90% completion and is on track to be finished by early April. The stadium’s canopy was completed in the winter and only projects on interior spaces remain. The first events at the stadium will likely take place in June, Loughnane said.
Hours after the stadium naming rights were announced Jan. 25, the MLS sent out a release stating its 2021 season will begin April 3 with each club playing 34 matches. As of publishing time, the schedule for Austin FC’s matches had not been released.
Adjacent to Q2 Stadium, Capella Commercial will continue work on its 10-story Arena Tower project in 2021, according to the development group’s website. The development, which is unaffiliated with the MLS team, will deliver 450,000 square feet of Class A office space. The development’s original timeline stated it will open in late 2021 with a restaurant, bar and other amenities.
The upcoming Domain Tower II will be the tallest tower in The Domain when it wraps construction in the fall of 2021. Stonelake Capital Partners’ newest development will ultimately stand at 24 stories with more than 330,000 square feet of office space available.
Further north up Burnet, construction on the Broadmoor development on the old IBM campus site is likely to begin in 2021. According to promotional materials from lead developers Brandywine Realty Trust, a 14-story office building located across from Top Golf on Burnet is scheduled to be delivered by 2022.
The total Broadmoor site currently includes plans for two more office towers on the eastern edge of the property, with a grocery store and a luxury hotel planned at the intersection of Burnet and Palm Way and an apartment building in the northernmost sector.
Bevy of large development projects to shake up north Burnet Road corridor
Q2 Stadium, home of Austin FC, is on track to finish construction by the end of April. (Rendering courtesy Austin FC)