EastVillage will transform the East Parmer Lane area across from Samsung by the time it is finished in 2028, adding thousands of homes, three hotels, a grocery store space and more. Elsewhere, a 400,000-square-foot office project near the University of Texas reached its completion, and a future medical office development topped out in North Central Austin.
1. 1836 San Jacinto, a 400,000 square-foot, 10-story office tower at 1836 San Jacinto Blvd., Austin, celebrated its opening with a ribbon-cutting ceremony in April. The property has approximately 14,000 square feet of retail space on the ground level in addition to one level of underground parking and three levels of above-ground parking. Commercial real estate firm CBRE is the broker for the property. www.cbre.us
2. Centro, a mixed-use development located at 1412 E. Fifth St., Austin, is set to open its first phase of 165,000 square feet of office space by early 2022. The development broke ground in late 2020 and will include around 15,000 square feet of retail space and a total of 330,000 square feet of office space. Centro will be part of East Austin’s Plaza Saltillo district. www.riversideresources.com/centro
3. Tech Ridge-area mixed-used development EastVIllage is set to break ground in early June. The $1 billion-plus project is located on 425 acres at 3500 E. Parmer Lane, Austin, across from the Samsung Austin Semiconductor campus. EastVillage is set to include 2,000 multifamily units and 466 single-family units, as well as three hotels, a grocery store, a movie theater, restaurant, retail and office space, and a 150-acre woodland preserve. The project is scheduled for completion by 2028. www.eastvillageatx.com
