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Your Austin office space guide by Search Office Space

Austin Office Space

Situated on the banks of the Colorado River, Austin is the fourth largest city in Texas and has been one of the fastest growing cities in the United States for the last nine years. With wide access to higher education, Austin's diverse and well-educated population helps fuel the growth and development that is attracting people and investors from different parts of the United States. This migration of people and capital into Austin is largely responsible for the population growth of the Austin metropolitan region which the U.S. Census counts at over 1.6 million people.

Residents of the Austin metro area rely on the major highways that connect the greater Austin area with other major cities in Texas like Houston and Dallas. Chief among these highways is Interstate Highway 35, the Loop 1 MOPAC Expressway, and the U.S. Highway 290.

Known for being the picturesque capital of the state of Texas, Austin is not only the political center of the state but also a leading cultural, economic, and technology hub. Billed as the "live music capital of the world," Austin's cultural life is housed in the many venues throughout the city. This is especially true of downtown where art scenes, bars, restaurants, and especially the city's live music venues make up the heart of Austin cultural life.

Similarly, the city's economy is just as varied as its cultural offerings. Known as the "Silicon Hills," Austin is the home to a major hub of the high technology industry. Some of the more visible firms that make their home in Austin include Dell, Sun Microsystems, Google, Freescale Semiconductor, and AMD.

As one of the most dynamic parts of the city, downtown Austin is undergoing massive growth fuelled in part by a steady demand for housing and executive suites. With a projected 25,000 people living downtown by the year 2015, the market for office space is growing as businesses take notice of this concentrated, affluent market. For executive suites in Austin downtown, rental costs can range between $550 up to $975. Prices are highest in the core of downtown along Congress Avenue and in certain high profile areas like nearby Barton Springs.

There are several major buildings currently providing executive suites in Austin. Chief among them is the Frost Bank Tower which is currently the tallest building in downtown Austin and provides 560,674 square feet of office space on 33 floors. Amenities in the Frost Bank Tower include concierge serve, dry cleaning, fitness center, and state of the art telecommunications and conference facilities. In addition, the Congress Tower provides 411,536 square feet of prime executive suites in the heart of the Austin's business center.

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