[JoninATX]

Shorenstein JV to Build 2 Office Properties in Austin

By Gail Kalinoski
July, 10, 2013

Construction has begun on one of two new office buildings at The Domain, a 304-acre mixed-use community in northwest Austin, Texas, being developed in a joint venture between Shorenstein Properties, L.L.C., Deutsche Asset & Wealth Management and Endeavor Real Estate Group.

The cost of developing the two buildings – Domain 2 and Domain 7 – is about $45 million, according to Chad Marsh, managing principal with Endeavor Real Estate Group, a longtime owner and developer at The Domain. Domain 7 is a spec building while Domain 2 already has a long-term tenant signed up, he added.

HomeAway, Inc., a leading online marketplace for vacation rentals, has agreed to lease all the office space – about 114,600 square feet – in Domain 2, a five-story, 139,675-square-foot building, for 11 years, Brian Sharples, HomeAway co-founder and CEO, said in a news release. The 25,000 square feet on the ground floor will be leased to retail tenants. The site also includes structured parking.

http://www.cpexecutive.com/regions/s...ect-in-austin/

So it looks like the new Home Away offices are being built by the new Whole Foods. I will have to find out what there building by Le Cordon Bleu. If I had to take a guess it will be more than likely another multi story apartment building.