Search
 

Successful Stonebridge Plaza I Sparks Sister Structure Totaling 200,000 SF

AUSTIN-A successful phase one sparks Transworld Properties to develop a sister site to Stonebridge Plaza I. The new project will add 200,000 sf to the city's Golden Triangle.

By Connie Gore | Updated on September 06, 2000

Fresh from the success of its Stonebridge Plaza I development in northwest Austin, Transworld Properties has broken ground on a second structure immediately south of its fully leased building that was completed last year.

Like its twin, the 200,000-sf Stonebridge Plaza II is located in an office complex northwest of Research Blvd. and North MoPac in what officials describe as Austin’s “Golden Triangle” – the intersection of MoPac, Texas 183, and Loop 360. John Britton, Transworld’s senior vice president, told GlobeSt.com Wednesday that the new nine-story structure, scheduled for completion in fall 2001, will closely resemble Stonebridge Plaza I.

Transworld has again hired Kennedy-Wilson, a diversified international real estate services firm based in Beverly Hills, CA., as fee developer and leasing agent for the second phase. “The building’s size and its large flexible floor plates were chosen to both satisfy the growing demand for space by bigger, high-tech companies and appeal to smaller, more traditional users,” says Phil Capron, Kennedy-Wilson’s senior managing director.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.