12th & Sabine
Medical Center Development Site | Downtown Austin, TX | 1.0 Acre
Marketing description
Jones Lang LaSalle Capital Markets (“JLL”) has been exclusively retained to market 12th and Sabine (the “Property” or “Site”), a ±1.0-acre parcel with a ± 52,102 SF office building in Downtown Austin. Located at 708 East 12th Street at the northwest corner of 12th and IH-35, and is strategically positioned near the State Capitol, Waterloo Greenway, and the CBD, the site is located within the Innovation District and is the only privately-owned site within walking distance of the Dell Medical School/Teaching Hospital and MD Anderson/UT Austin Medical Center (completion 2029). The Site will benefit from adjacency to a 2.2-acre park as part of the future cap-and-stitch project on IH-35, currently under construction
Investment highlights
Two blocks south of the $5B MD Anderson/UT Austin Medical Center (2029) & Dell Medical Center
Innovation District location
Adjacent to Waterloo Park and planned 2-acre IH 35 cap
No Capitol View Corridor restrictions/unlimited Height
Plans for 39 Floor Tower with 528 Units
Existing 52,102 square feet of office with 86 parking spaces
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