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“Austin’s Next Big Move: How Cadence Design Systems is Transforming Research Blvd into a Tech and Design Haven”

Austin's Research Boulevard is set to undergo a significant transformation with a $7.4 million interior remodel of Research Park Plaza V, aimed at enhancing the city's appeal to major tech and design industries. This project, owned by Apple and designed by Cushing Terrell, promises to enrich Austin's skyline and community by attracting global talent and innovation. Discover more about how this development will impact Austin's real estate landscape and opportunities for local businesses and job seekers by clicking through to the full article.

Austin Local Team

June 21, 2024

Hey there, Austinites and soon-to-be Austinites! 🌆 You’re tuned into the pulse of Austin’s ever-evolving landscape with your go-to source for all things real estate in the Live Music Capital of the World. Today, we’re diving deep into a major development that’s revving up on Research Boulevard. Whether you’re a techie, a design aficionado, or just plain curious about how our city’s corporate spaces are leveling up, you’ll want to keep reading.

🏗️ Cadence Design Systems, Inc. TI Interior Remodel – Corporate Office

First off, let’s talk about the where and the what. We’re focusing on the Research Park Plaza V, nestled at 12301 Research Blvd., Building V, Suite 110, 200, 300, Austin, TX 78759. This spot’s about to get a major facelift, starting July 28, 2024, with sights set on wrapping up by March 30, 2025. Yep, you read that right – a smooth eight-month journey to transformation.

Now, for the juicy details: this isn’t just any remodel. We’re talking a whopping $7,483,903.00 investment into turning this space into something fresh and fabulous. With 15,200 square feet of space getting the royal treatment, the project scope includes a full array of renovations – think architectural marvels, shiny new furniture, and even some nifty plumbing, mechanical, and electrical upgrades. And for those of you who geek out over construction details, there’s even talk of Level 1 slab penetrations and a roof penetration for ventilation. Talk about a breath of fresh air!

Funded privately and nestled on private land for private use, this project is a testament to Austin’s growing appeal to big players in the tech and design industry. Speaking of big players, the project is owned by none other than Apple Real Estate & Facility Development, with Cushing Terrell flexing their design muscles to bring this vision to life. Curious to dive deeper? Check out the full project scoop at TABS2024021333.

🌐 Behind the Blueprint: Cadence Design Systems, Inc.

So, who’s moving in? Let me introduce you to Cadence Design Systems, Inc.. This powerhouse is a leading name in EDA and Intelligent System Design, hailing from San Jose, California. They’re not just anybody – they’re a Fortune 100 darling, renowned for their work in electronic systems design, EDA software, artificial intelligence, machine learning, cloud computing, and more. Want to peek behind the curtain? Swing by their website at https://www.cadence.com/en_US/home.html or network on LinkedIn: https://www.linkedin.com/company/cadence-design-systems.

🎉 Why This Matters for Austin

Austin, get ready. This project isn’t just about one company’s new digs; it’s a signal of our city’s magnetic pull in the tech and design industry. With each square foot of renovation at Research Park Plaza V, we’re not only enhancing our skyline but also enriching our community with innovative spaces that attract talent and ideas from around the globe. Plus, it’s an exciting opportunity for local businesses, job seekers, and real estate mavens to tap into the ripple effects of such a significant investment in our area.

🚀 Your Next Steps

Feeling inspired? Whether you’re on the hunt for your dream home close to Austin’s tech hub or simply curious about how this project impacts your neighborhood, the Austin Local Team is here to guide you. Explore our Homebuyer’s Guide, Relocation Guide, or dive into our Neighborhood Guide for the inside scoop on Austin’s hottest areas. And hey, if you’re wondering how this shakes up your current home’s value, snag a Comparative Market Valuation with just a click.

Ready to make a move or just itching for more info? Drop us a line, and let’s chat about how this and other developments are shaping the future of Austin. Remember, whether you’re buying, selling, or just spectating, we’re here to keep you in the loop and on top of the game. 📱

Austin, it’s an exciting time to be here, amidst the buzz of innovation and growth. Let’s embrace the change and keep riding the wave of transformation together. Until next time, keep it weird, keep it wired, and keep it wonderfully Austin.

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