Solid hipster credentials with East Austin office
AUSTIN – Endeavor Real Estate Group broke ground on an unconventional office project in East Austin.
The two-story, 30,100-sf building planned for 2021 E. Fifth St. will have a contemporary design. It is aimed at the businesses of the creative class, such as architectural and public relations firms, while exploring a part of town with solid hipster credentials.
One of Austin’s largest advertising and marketing agencies – EnviroMedia Social Marketing – has signed on as the anchor tenant, leasing almost 21,000 sf.
Reclaimed bricks from a historic University of Texas building will cover about 60 percent of the building’s exterior. The project will also include solar-paneled carports, an electric vehicle charging station and room for a vegetable garden and dog run.
The emphasis will be on fun. The interior buildout will include a slide from the second to the first floor. Estimated construction valuation is $3.5 million.
Finding creative spaces has become a challenge in Austin as more tech firms have swallowed up many of the older offices in places like Penn Field and the Perry Brooks building.
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