The initial plan had been to create a campus for the dot-com industry but those plans fell through when the dot-com bubble burst. Buying the land was Endeavor Real Estate Group with the financial assistance from Blackstone Group and JER Partners. An additional 70 acres came from Multech (whose land had been purchased from IBM in 1997). In December 1999, IBM sold off 235 acres of land that would eventually become The Domain for US$60 million and leased back more than of the 2.5 million sqft office space that the property by then had. By this time IBM occupied 543 acres and had more than 7,000 employees in Austin, the majority of which worked on the IBM PS/2. In July 1989, after three decades of expansion in Austin, IBM announced their intentions to build 1 million sqft of office space east of Burnet Rd on the property now known as Broadmoor. The plant opened on J with 500 employees. On December 10, 1966, IBM unveiled their intentions to build a 200,000 sqft manufacturing plant for the IBM Selectric typewriter on the land that currently houses The Domain. It is bordered on the west by Union Pacific Railroad, on the west and north by Loop 1, on the south by Braker Lane, and on the east by Burnet Road.Īs of April 2022 The Domain has more than 5,000 apartment units and about 3.5 million square feet of office space Site history
It is owned and operated by Endeavor Real Estate Group, Cousins Properties, Simon Property Group, and Stonelake Capital Partners. The initial phase of the project was completed in March 2007. The Domain is a high-density office, retail, and residential center in northwest Austin, Texas, United States that has been described as being "Austin's second downtown" and that primarily consists of 5-over-1 construction. Variable most tenants single-story (2 in Arhaus Furniture, Macy's, Neiman Marcus, and Nordstrom, 3 in Dillard's, 4 in Parking Garages) Simon Property Group, Endeavor Real Estate Group Shopping mall in Texas, United States The Domain
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