Amber Oaks has added two new buildings: an addition of 150,000 square feet to the already existing 10-building office park located at the southwest corner of RR 620 and Parmer Lane in northwest Austin. The new buildings H and I have 100,000 square feet 50,000 square feet respectively, with a parking ratio of 5:1,000. This new addition was completed last September and no leases have been signed for space in the new buildings.
Amber Oaks is conveniently located next to Lifetime Fitness, a 120,000 square feet fitness center with various playing courts, a rock-climbing wall, pool and state-of-the-art equipment. There are 40 restaurants within two miles of Amber Oaks, and developers are adding three retail pad sites.
As more Austin-area developments are looking to become LEED certified to reduce their impact on the environment, they are also moving up in their environmental certification.
Last week, a North Austin office development, which started construction in January, became gold LEED pre-certified as a result of its energy and water efficiency, use of local and recycled materials and the provision of facilities for bicycling commuters. Located at Oak Creek Drive and MoPac Expressway, Oak Creek Plaza is a Class A 50,000 square foot office building on four acres of land near the Capital Metropolitan Transportation Authority’s commuter rail. Real estate developers have figured out that developing LEED certified office buildings will not only be a benefit to the environment but will also make their buildings more attractive to tenants, especially those from the West Coast. Oak Creek Plaza is one of the first gold LEED certified projects in Austin and will be finished in October of this year.
In May, the Ronald McDonald House of Austin and Central Texas became platinum LEED certified as a result of its landscape architecture and rooftop solar panels that power at least half of the rooms and avoid 30,000 pounds of carbon dioxide emissions annually. Located at 1315 Barbara Jordan Boulevard and completed in 2007, this 28,500 square foot facility is the first solar-powered Ronald McDonald House in the world.
Austin Commercial Real Estate – Northwest Submarket – Office Space:
Completed in 2007, Research Park Plaza is located one mile south of McNeil and Spicewood Springs at 12541 Research. This new development offers 272,579 square feet sitting on 11 acres, which is great for smaller tenants who have plans for expansion. The location along Highway183 provides several amenities such as nearby housing, a large selection of restaurants and shopping. There are 1,040 parking spaces.
River Place Corporate Park is a seven-building office park just five miles from Lake Travis near the intersection of FM 2222 and RR 620. The entire park sits on 48 acres of Travis County’s most beautiful land and is part of the 1,440-acre master-planned River Place Community. Of River Place Corporate Park’s 600,000 square feet, 237,220 square feet are available across four buildings. The office park is only four miles from Loop 360 and five miles from Highway 183. The parking ratio is 3.97:1,000.
