Austin's Innovation District
Health Innovation is taking shape in Austin
The Innovation District, a one-of-a-kind downtown Austin neighborhood, has moved from generating buzz to breaking ground. Redevelopment of Central Health’s downtown property—the former Brackenridge Campus—has begun. Block 164, the flagship building of Austin’s Innovation District,is under construction. A broad, community-wide network is shaping the Innovation District into a hub of health innovation and the epicenter of a diversified, inclusive regional economy.
Austin’s Innovation District Vision: An inclusive community where Austinites collaborate to create new models of health and economic growth for all.
The Innovation District Opportunity
In 2019, the Downtown Austin Alliance commissioned a market analysis to measure the potential economic impact of the Innovation District over the next 10 years. The goal of the study is to guide the creation of inclusive, place-based, and market-guided economic development and real estate strategies that will unlock value and opportunity for the Downtown neighborhood anchored by the University of Texas at Austin’s new Dell Medical School, Dell Seton Medical Center, and the Central Health Downtown campus.
Market Demand and Economic Impact Analysis
To measure the potential economic impact of the Innovation District’s over the next 10 years, the Downtown Austin Alliance and Capital City Innovation commissioned HR&A Advisors, Inc. and Perkins + Will to conduct a comprehensive market analysis.
Download the Report ⟶Executive Summary: Market Demand and Economic Impact
Austin’s Innovation District will be the center of a Central Texas-wide innovation network. Learn how the district leverage's our city's assets and catalyzes opportunities in our Market Demand and Economic Impact Analysis Executive Summary.
Download the Summary ⟶Capital City Innovation
Capital City Innovation is the 501(c)(3) not-for-profit that is providing vision, strategic direction, advocacy, and synergy among the organizations and individuals creating, growing, and sustaining Austin's Innovation District. It was founded by Central Health, Seton Health, and The University of Texas at Austin and began operations in 2017.
Watch the Video⟶Photo Credit: Dell Medical School
Recent Media Coverage
KVUE (ABC)
‘Innovation District’ around UT campus to bring big changes to Downtown Austin, new report claims
CBS Austin
Progress report expected for new health-related downtown “Innovation District”
Austin Business Journal
Report: Innovation district to bring thousands more jobs to downtown in next 10 years
KXAN
Austin medical Innovation District would generate $800M, 2,800 new jobs, study finds
Austin Business Journal Crane Watch
Innovation District Takes Shape
KTBC (FOX)
Austin looking to have Innovation District downtown
Austin Monitor
Area leaders hear of economic, community benefits forecast for innovation district