Exciting Developments at Velocity: Southeast Austin's Rising Star

Big changes are on the horizon in Southeast Austin! After years of planning and anticipation, the Velocity development is making headway, transforming the landscape east of Austin-Bergstrom International Airport into a bustling, vibrant community.

A Closer Look at Velocity: Spanning over 314 acres, Velocity is poised to become a cornerstone of Southeast Austin. This master-planned district, championed by Dallas-based Presidium Group, recently kicked off its first phase of construction. The highlight of this phase is an urban-style apartment community, marking a significant step forward since the project’s inception.

What’s Coming to Velocity? Velocity isn’t just another development; it's a comprehensive blend of residential, commercial, and leisure spaces. The plan includes nearly 2,700 apartments, significant office space approximating 2.9 million square feet, and additional areas dedicated to flexible industrial and creative office use. On the leisure front, residents can look forward to retail shops, restaurants, a movie theater, and even three hotels—all set amidst about 100 acres of inviting green spaces.

Strategic Location: Situated at the convergence of state highways 71 and 130, just east of the airport, Velocity's location is strategic, offering easy access and drawing comparisons to other high-profile Austin developments like The Domain and Mueller. This prime spot ensures that Velocity will be a hub of activity and growth.

Development Timeline and Team: The wheels are in motion with Provident General Contractors leading the build, supported by a team of experts including O’Brien Architects, Kimley-Horn and Associates, and several others who are integral to bringing this vision to life. If all goes according to plan, the first residents can start calling Velocity home by mid-2025, with more phases to follow.

Velocity's Journey: The journey to this point has been eventful. Initially conceptualized by Austin-based Marketplace Real Estate Group, the project saw adjustments and refinements over the years, including changes in ownership and scope. Despite these shifts, the commitment to developing a thriving community has remained steadfast.

Looking Forward: As Velocity progresses, we can expect to see more developments, including a second multifamily complex and additional commercial properties, which are currently in the design phase. This momentum is a testament to the optimism and continued investment in Southeast Austin.

Wrap-Up: Velocity's emergence is a development worth watching, promising to enhance the quality of life and meet the growing needs of Austin's dynamic population. If you're curious about how this development affects our local market or considering a move to Southeast Austin, let's connect and explore your options!

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