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PROJECT
GEARING UP
December 5, 2006
AUSTIN (Austin Business Journal)
– Koontz McCombs Austin will break ground early next year on the first
phase of its $44 million Park Central office project at the southwest
corner of I-35 and Parmer Lane.
The San Antonio–based real estate
company originally purchased the 20-acre tract in October 2000 but
shelved development plans when the office market weakened. Now, with the
North Central office market improving, the company will build two
three-story tilt-wall buildings. Floor plates will be about 38,000
square feet for a total of about 114,000 square feet of rentable space
per building.
Austin-based McFarland Architecture
designed the Koontz McCombs project and Kimley-Horn & Associates Inc.
handled the engineering. Koontz McCombs Construction, an arm of the real
estate company, is the general contractor.
Landry Commercial Inc. will oversee the
marketing of Park Central.
RECON
Real Estate Center Online News
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