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New Industrial Park Finds Sweet Spot In Austin

One of the newest industrial parks in northeast Austin is receiving the finishing touches from Ryan Companies US Inc. and is set to become a massive development for the area. The Quarter Crossing project is situated in Manor, Texas, with one tenant, Whole Foods, already secured.

New Industrial Park Finds Sweet Spot In Austin - Terence McNeil - TMAC - Real Estate - Texas - TMAC Real Estate

The industrial park is nestled between northeastern Austin’s most notable economic developments – Tesla’s gigafactory in east Travis County and Samsung Electronics Co. Ltd.’s chipmaking plan in Taylor – making it a perfect destination for industrial and residential developments. The park also has easy access to U.S. Route 290 and State Highway 130 in both directions. 

David Forester, the director of real estate development at Ryan Companies US Inc., identified Manor as a prime candidate location for this industrial development for each of the reasons above. 

With one building, 9917 Hill Lane, already complete at the business park and over 300,000 square feet on nearly 16 acres expected to come, Quarter Crossing will become an economic giant for Central Texas. The first tenant for the business park, Whole Foods Market Inc., was selected for the 132,000-square-foot Hill Lane building and opened this past April. 

Another building at Quarter Crossing is currently in development and is expected to be completed soon. This development will be an enticing prospect for various companies and industries, spanning 192,000 square feet with 36-foot clear heights and a massive flex parking area with 145 trailer parking stalls. 

Interest and demand in the Central Texas area have reached new heights, making this new Quarter Crossing industrial park a significant step forward. 

What does this mean for Austin? Stay tuned by following my blog for more information on the latest developments, commercial projects, and local real estate in Central Texas. Feel free to email me at  tmcneil@kw.com to discuss commercial developments like Quarter Crossing.