AUSTIN-Live Oak Development is hard at work on a 125,000-sf, three-story office building at 2705 Bee Caves Rd. in Rollingwood. The project, which got under way Dec. 15, already has snagged its lead tenant. Carter & Burgess Inc. is taking 60,000 sf of the building that’s being positioned on a 4.8-acre site. The lease calls for the firm to occupy the entire third floor and a portion of the first and second floors.

Ft. Worth-based Carter & Burgess is an architecture, engineering and construction management firm with 120 employees in Austin. It now leases space in Barton Oaks Plaza and plans to move to the Bee Caves address in February 2002.

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