Posted Jan 23, 2018, 8:25 AM
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Moderator
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Join Date: Jan 2009
Location: Austin, TX / Portland,OR / Chicago, IL
Posts: 14,519
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Co-Working Space to Anchor Major Development in East Austin
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It takes a bit of imagination and optimism to envision what the sprawling former Motorola campus on Austin’s far east side could one day become.
For now, it’s a mostly abandoned 1970’s era office park. But the work of transforming this 109-acre campus into a mixed-used development with space for startup offices, media studios, co-working, hotels, a gourmet grocer, retail shops and affordable housing has already begun.
When the full, multi-building project is complete it could be East Austin’s version of the Domain, which has become a hotspot for tech companies.
But, for now, only one building has a publicly-committed tenant — Work Well Win, a co-working space focused on wellness that is led by Frank Bistrian, WeWork’s former head of domestic development.
Phase 1 of the project includes 100,000 square feet of office space. It’s poised to open in late spring this year. The second phase, much of which will be completed before the first phase opens, will add another 150,000 square feet on upper level floors. Work Well Win has exclusive rights to co-working space on the entire campus, and it has first right-of-refusal on other buildings, giving it a chance to expand if it grows rapidly enough.
While it is currently mostly deserted, Eightfold, the Austin company that owns the property, has been in talks with several potential tenants. There are plans for a tiny home community on the campus. And the development is close to the airport, the forthcoming new HOPE Outdoor Gallery at Carson Creek Ranch, Mosaic Sound Collective, several film studios and the emerging Govalle and thinkEAST developments.
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