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Wait Ends for $14M Mixed-Use Project

AUSTIN-Eleven East will break ground Wednesday, thanks to commitments from an office tenant and six retailers for the 57,000-sf project. Two commercial buildings, eight townhomes and six lofts are packaged into the East Side revitalization project.

By Tim Green | Updated on February 17, 2003

AUSTIN-Construction is to begin tomorrow on Eleven East, a $14-million, 57,000-sf mixed-use project just east of Austin’s CBD. The long-awaited project kicks off with a ground-breaking ceremony.

It’s definitely going to happen this time, Matt Mathias of Riata Partners, the project’s developer and leasing agent, tells GlobeSt.com. As for delivery, he says “it should be completed in spring 2004.”

At one point, planners had expected the project to be completed by now. Another ground-breaking date last fall came and went without a shovel getting dirty. The slowing economy received much of the blame. Now, with an office tenant and six retailers ready to sign leases, the project has a green light.

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