In addition to being the busy, bustling heart of the city, downtown plays a critical role in our region’s economy. Every year, we see additional development, explosive job growth, and the fast-paced evolution of the business landscape.
For more than 25 years, we have been committed to the economic prosperity of downtown Austin. We use our expertise to ensure downtown continues to grow and thrive while serving Austin’s 2 million residents and 27 million annual visitors.
The State of Downtown report is a market snapshot illustrating the central role downtown plays as Austin’s economic, governmental and cultural center.
The Value of Downtown
Downtown may make up a small share of Austin's land area but it has substantial economic importance. The Value of U.S. Downtowns and Center Cities report by the International Downtown Association links established downtowns and increased economic prosperity.Download the Report⟶
Discover prominent projects in planning or under construction in and around downtown Austin.Learn More⟶
Downtown has the highest concentration of Class A office space of any submarket in Austin. Due to the advantages of being located in downtown, newly completed office space is often pre-leased before construction is finished. We anticipate these trends continuing.Market Data⟶
Employment and Talent
With an active lifestyle, energy and amazing culture, Austin has no problem recruiting talented individuals. We have more jobs available than our local population can fill.Downtown Austin Profile⟶
Housing & Residents
Downtown has become an increasingly attractive place to live. With its access to outdoor recreation, live music, and unique dining experiences, as well as close proximity to top Austin employers, living downtown is highly desirable.Downtown Austin Profile⟶
Hotel, Culture & Entertainment
Travelers seeking good food, unique experiences and legendary live music flock to Austin. Downtown is often the home-base for our welcomed guests with luxury hotels, live music and fantastic shopping.Market Data⟶
Restaurants & Retail
As downtown has grown into distinct corridors, it's the retail and restaurant offerings that give each area of downtown its unique personality. Shop on Second Street, have a cocktail on Sixth Street, dance on Fourth Street, and more.Explore downtown⟶
Connectivity & Access
There is positive momentum toward building better access to the urban core for all modes of transportation. Our focus on mobility and movability has resulted in urban initiatives that are making a difference.Mobility Snapshot⟶
Great public spaces increase the appeal, livability and economic vitality of urban places. Austinites love to be outside, in the mix, gathering together to celebrate life in this great city.Explore downtown⟶