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Downtown has substantial economic importance, despite making up a small share of Austin’s land area. In 2019 alone, downtown contributed more than $732 million in tax revenue that pays for education, parks and public services throughout the city.

We entered the new decade in a position of incredible strength, with growth in nearly every sector of our urban core. At the beginning of 2020, the challenges we faced were those born of growth: affordability, mobility, lack of diversity downtown and homelessness issues. However, the COVID-19 pandemic halted the building momentum, leaving downtown sidewalks barren and businesses empty.

The Downtown Austin Alliance has pivoted quickly, collaborating with business and city and state government leaders to determine how to best respond to the current crisis and to develop a plan for recovery.

As the path toward recovery becomes clearer, we are committed to preserving and enhancing the assets that make downtown unique. We will continue to champion big projects that will help us recover, aid the economy, improve our mobility and strengthen our resiliency.

State of Downtown

Our annual State of Downtown reports include key economic indicators for downtown Austin, such as economic markets, employment, value analysis, market conditions, parks, mobility, culture and the arts.

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Real Estate Development

Explore our emerging projects interactive tool showcasing prominent projects in planning or under construction in and around downtown Austin.

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Innovation and Smart Cities

Innovation is at the heart of Austin's culture and our exploding new business and startup scene reflect that entrepreneurial spirit.

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Market Opportunities

Businesses located in downtown Austin work in the heart of the community, attract top talent and feel the buzz of the city every day.

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Find the data you need to locate or invest in Austin.

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