± 11.94 AC's | Austin, TX ETJ | Adjacent to F1 Track
Land | 11.94 acres
Marketing description
Prime Location: 11.94 acre land plot situated directly adjacent to the Circuit of the Americas (COTA), home of the Austin F1 track, a globally recognized venue. • The site benefits from significant exposure due to its proximity to COTA, which attracts over 1.5 million visitors annually for events like Formula 1, MotoGP, and concerts
Development Flexibility: Located in Austin’s Extra-Territorial Jurisdiction (ETJ), offering greater flexibility for development with fewer restrictions compared to city-zoned properties.
Strong Growth Area: Positioned within a rapidly growing region of Austin, benefiting from ongoing commercial and residential development in the surrounding area.
Key Infrastructure: Close to major highways and Austin-Bergstrom International Airport, providing easy access for visitors, businesses, and potential developments
Economic Hub: Surrounded by key Austin tech hubs, including Tesla’s Gigafactory and other major employers, boosting demand for commercial and hospitality-related developments
Diverse Investment Opportunities: Ideal for mixed-use developments, including hotels, retail, entertainment, or even industrial, catering to the high traffic from COTA events and the growing Austin metropolitan area.
High Foot Traffic Potential: Capitalize on large crowds and event-goers yearround, especially during peak F1, MotoGP, and large-scale music festivals
Adjacent to Major Developments:
Velocity Development: Close to the 314-acre Velocity project, a masterplanned district entitled for seven million square feet of space, situated east of Austin-Bergstrom International Airport, with vertical construction recently initiated. More info here: https://www.kxan.com/news/local/314-acre-velocitydevelopment-in-southeast-austin-begins-construction/
Nearby a proposed $10 billion Vegas-style resort and business hub near the Tesla Gigafactory and Austin-Bergstrom International Airport. Details here: https://www.tesla.com/giga-texas
Taylor Morrison’s 427-acre Longview 71 development in East Austin, set to deliver 1,460 homes with $70 million in bond funding. Learn more here: https://therealdeal.com/texas/austin/2024/03/22/taylor-morrison-gets-pidfinancing-for-east-austin-development/
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