Accesso will break ground on the multi-phase mixed-use project at the property at 7700 Parmer Lane in 2027, and will also renovate the existing office buildings on the campus, currently the fourth-largest office campus in the metro at 911,573 square feet.
The Austin Business Journal reports that the renovations would expand the campus to more than 3 million square feet, with new buildings and multi-level parking replacing the campus’s expansive parking lots. The first phase of redevelopment, which will take several years to complete, will consist of multifamily and retail development. There is 100,000 square feet of retail space planned to be built for the project in all, and the first phase of development will see about 300 of the project’s 1,500 multifamily units built.
Future phases of the redevelopment will add more property uses. In 2020, Accesso secured zoning to add 800,000 square feet of office space and a 340-room hotel to the property.
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