There are several great shopping areas in Austin, such as SoCo (just south of Downtown) and the Arboretum in Northwest Austin. Many residents are still unaware of the very large, upcoming shopping community in North Austin called the Domain Austin. Completion by most retail tenants should be around Spring of 2007.
The Domain is not just about shopping, it will be a lifestyle. Residents can already see the Home Depot and other retailers nearing completion, but they often are not aware that this area will be one of the largest new live/work communities in Austin. According to their website, Domain residents will have a 10-acre central park, jogging trail, restaurants, national & local retailers, and entertainment.
An insider at Apple Computer, Inc. told me that they plan to have an AppleStore at the shops. Right now, Apple only has a retail store in the Barton Creek Mall further South. This will give North Austin residents an opportunity to buy or repair their beloved iPods and other Apple products, which should be a popular draw. Other tenants include Foleys and Neiman Marcus.
Commercial tenants should start negotiating leases if they haven't already. We're following up with some of our clients to see if they have interest in securing a long-term lease. Residential investors should have already started purchasing rental homes or duplexes near this area, but it's still not too late to buy.
I love the area and have surfed thru the pages of the website. I cannot find any information on condos for sale, if any. I'd like to see something on size, price and availability. I am a single male.
Posted by: Charles Hundley Round Rock, Texas | Thursday, December 20, 2007 at 04:56 PM