Music Lane is an assemblage that was acquired through three separate acquisitions over the course of 2016. Altogether, the site comprises two acres and 650 linear feet of frontage on South Congress Avenue. The site will be developed with three Lake Flato-designed buildings featuring unique, yet locally-inspired architectural design. The mixed-use development will be comprised of two first class office buildings with retail at grade level and a third building anchored by a world-class hospitality tenant. In addition, the development will be served by a 496-space subterranean parking garage.

Austin: Music Lane

Address

1011-1123 South Congress Avenue, Austin, TX

Submarket

South Congress

Size

297,000 square feet

Type

Office/Retail/Parking Development

Date Acquired

January 2016

Date Sold

Currently owned by Turnbridge
Recapitalized in April 2017