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Going public: State Capitol's 'Goldi-blocks'Going public: State Capitol's 'Goldi-blocks'https://www.recenter.tamu.edu/news/newstalk-texas/?Item=192652018-02-27T06:00:00Z2018-02-28T00:25:00Z

​​​​​​​​DOWNTOWN AUSTIN – Downtown Austin office vacancy is doing something funny, it’s trending lower and lower despite spiked building inventory due mainly to large-block occupier demand.

Of the 788 total parcel acreage downtown, public agencies own 47 percent of it.​

Altogether, the City of Austin and the State of Texas own 85 percent of all publicly owned land downtown sans public rights-of-ways.

These are downtown Austin’s largest public landowners followed by Travis County, Austin Independent School District, Austin Community College, and the Federal Government respectively.

CBD map of publicly owned parcels 

Developers have responded to a white-hot office market by striking deals on public ground leases and by targeting vacant blocks for infill development.

The following is a select list of rare developable blocks with high-profile plans although plans are subject to change.​



CBRE
Austin-Round Rock
Mixed-Use
https://www.cbre.com/research-and-reportsSource: {Source}

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