The new building will be adjacent to the 87,186-square-foot Summit I, purchased by Mark IV in 2013 from Moore & Associates. The asset is the largest office building under construction in the Austin submarket.
by Razvan Cimpean | Jul 21, 2017
Mark IV Capital broke ground on Summit II at La Frontera, a 95,000-square-foot office building in Round Rock, Texas. The asset is the largest office building under construction in the Austin submarket.
PLANS FOR LEED CERTIFICATION
Located at 710 Hesters Crossing Road, the two-story asset offers convenient access to Interstate 35 and State Highway 45. The new building will also be adjacent to the 87,186-square-foot Summit I, purchased by Mark IV in 2013 from Moore & Associates. The project will aim for LEED certification and will include a 10,000-square-foot courtyard with shaded seating areas and parking for local food trucks. Another LEED-proposed development in the Austin area includes Austin Community College’s Leander campus, which was recently topped out last month. Additionally, Summit II will also feature a fitness center and flexible floor plans.
“The development of Summit II at La Frontera is another opportunity for us to expand our portfolio in the Austin market through the addition of high-quality assets in targeted growth areas,” said Mark IV CEO Paul Cate, in a prepared statement.
Mark IV selected Don Quick & Associates to be in charge of leasing for the upcoming office building.