Snapshot of Downtown Office Market
Square Feet of Multi-tenant Office Space2
Office Space Recently Completed (879,571 Multi-tenant)3
Office Space Under Construction (1,151,500 SF Multi-tenant)3
1 Source: U.S. Census Bureau, 2014
2 Source: Capital Market Research, August 2017
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.
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.