Sunny
81
/ 43 °F
Sunny

Mar 01

San Jacinto

8th St to 4th St

4th St

San Jacinto to Congress

Congress Ave

4th St to 11th St

Mar 04

Congress Avenue, Ann Richards Bridge

Riverside Drive to Cesar Chavez Street

Congress Avenue

Cesar Chavez Street to 11th Street

11th Street

Brazos Street to Lavaca Street

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PLANNED STREET CLOSURES
 

Downtown offers the best of Austin, amplified. This is where creativity and ingenuity meet to deliver the latest foodie hotspots, legendary live music venues, one-of-a-kind shops, and year-round outdoor fun. Rock out or relax – it’s your call. LET’S GO

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Downtown is the epicenter of Austin’s 24/7 idea exchange. This is where enterprises headquarter and entrepreneurs incubate, all harnessing our city’s incredible talent pool, business-friendly infrastructure and uniquely collaborative culture. LET’S GO

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Downtown Austin offers residences to suit any style, whether you’re renting or putting down roots. This is where city excitement meets creature comforts – your walkable new neighborhood puts both nightly entertainment and daily essentials within easy reach.LET’S GO

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Office/Employees

The Central Business District of Central Texas.

Downtown is a corporate center, government hub and startup haven.

 


Snapshot of Downtown Office Market

86,226

Downtown Employees1

9 Million

Square Feet of Multi-tenant Office Space2

955,571 SF

Office Space Recently Completed (879,571 Multi-tenant)3

1,601,500 SF

Office Space Under Construction (1,151,500 SF Multi-tenant)3

$48.68/SF

Rental Rate2

93.1%

Occupancy Rate2

1 Source: U.S. Census Bureau, 2014
2 Source: Capitol Market Research, September 2016
3 Source: City of Austin and Downtown Austin Alliance, September 2016

 


 

Office Rental and Occupancy Rates

 

Downtown is the chosen office location for large companies like Silicon Labs, Facebook and Frost Bank; the hub of state and local government; and home to hundreds of smaller creative, high tech, biotech and financial businesses. Here’s a look at where these workers go each day.

Source: Capitol Market Research, November 2015.

 

Emerging Downtown Office Projects

Given Austin’s status as one of America’s fastest-growing cities and our regular placement on national “best place for business” lists, our downtown workforce is only increasing. Check out the emerging office developments to see where top talent will soon collaborate.