Hey there, Austinites and soon-to-be Austinites! đ Youâre tuned into the pulse of Austinâs ever-evolving landscape with your go-to source for all things real estate in the Live Music Capital of the World. Today, weâre diving deep into a major development that’s revving up on Research Boulevard. Whether youâre a techie, a design aficionado, or just plain curious about how our cityâs corporate spaces are leveling up, youâll want to keep reading.
đïž Cadence Design Systems, Inc. TI Interior Remodel – Corporate Office
First off, letâs 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 â a smooth eight-month journey to transformation.
Now, for the juicy details: this isnât just any remodel. Weâre 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 â 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, thereâs 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 Austinâs 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.
đ Behind the Blueprint: Cadence Design Systems, Inc.
So, whoâs 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. Theyâre not just anybody â 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.
đ Why This Matters for Austin
Austin, get ready. This project isnât just about one companyâs 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, itâs 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.
đ Your Next Steps
Feeling inspired? Whether youâre on the hunt for your dream home close to Austinâs tech hub or simply curious about how this project impacts your neighborhood, the Austin Local Team is here to guide you. Explore our Homebuyerâs Guide, Relocation Guide, or dive into our Neighborhood Guide for the inside scoop on Austinâs 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. đ±
Austin, itâs an exciting time to be here, amidst the buzz of innovation and growth. Letâs 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.