1142 Shady Lane
In May 2020, Saxum acquired 1142 Shady Lane, an opportunity to develop a 48,000 SF class A office building in an Opportunity Zone in Austin, TX.
Located at 1142 Shady Lane and neighboring the expansive 24-acre thinkEAST master-planned development that will bring approximately 875 multifamily units along with creative office and flexible studio space next to the project, the development is poised to capitalize on the most desirable office market in the country.
Well located in East Austin, the Project is adjacent to a proposed CAPMETRO Green Line that would provide direct access to downtown Austin. The site sits next to the thinkEast master-planned community that will bring four new multifamily buildings to the market along with a 63,965 SF creative office development that is currently being constructed by Saxum. The Project is set to contribute to a vibrant and revitalized East Austin upon completion, primed to attract tenants expanding in or relocating to the Austin market.