Ground will not break before fall on the two-building project and shared garage that could bring as much as 325,000 sf to the Austin market, Bryce Miller, Endeavor principal, told GlobeSt.com. Endeavor and JER Partners have just acquired the property from Austin Engineering, which owned the undeveloped acreage for 15 to 20 years.

"The intent is to have a pre-lease in place for a portion of the building" before earth is moved, says Miller. The projected cost includes the land buy.The project is guaranteed to be a class-A development in a corridor that literally serves as the gateway to the spectacular Hill Country. And, says Miller, "it's one of the few sites in west Austin that has immediate access onto (Loop) 360 as well as access onto a major east to west thoroughfare." Austin's east-west development has been limited because there are only three major arteries feeding that traffic flow.

The newly acquired 20 acres are located on the northwest quadrant of the intersection of Bee Cave Road and Loop 360. The property is situated south of a tract that is ticketed for an office project by CCNG Development Co. and Champion Partners.