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Shepherd Mountain Spec Office Project Advances

AUSTIN-A father-son team is rolling on a 45,000-sf office project designed for multiple tenants. The Lehtonens will market the site themselves, with plans to start in the next few weeks. The project delivers in March 2003.

By Tim Green | Updated on July 30, 2002

AUSTIN-Despite the weak Austin office market, it’s full steam ahead on a northwest Austin office building.

“Piers have been poured, the lower retention pond has been concreted in and they should be pouring the bottom parking lot slab this weekend,” says Al Lehtonen Jr., a College Station lawyer, who’s developing the project with his father. “That’s the general progression and it should be completed sometime by March 1, 2003.”

Lehtonen tells GlobeSt.com that no leases have been signed for the 45,000-sf building on Shepherd Mountain. “We haven’t tried,” he says. “We’re going to start that in the next few weeks, going out and actively searching for tenants.”

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