South Austin is ready for a domain-style mixed use development of up to 3 million square feet of office, residential and retail space.
Commercial real estate developer and manager Barshop & Oles Co. announced a planned redevelopment of its Brodie Oaks shopping center on the South Capital of the Texas Highway and South Lamar Boulevard on December 3rd. The estimated $ 1 billion project could eventually include 1,600 apartments and condominiums, 1.1 million square feet of office space, 450 hotel rooms, and 140,000 square feet of retail and restaurant space.
Currently, Brodie Oaks, 4021 S. Capital of Texas Hwy., Includes 365,000 square feet of retail and office space on 38 acres. The 3 million square meters of the new project would mean almost ten times more space than the current area. By comparison, the adjacent mixed-use Domain and Domain Northside in North Austin are approximately 1.8 million square feet.
As part of the redesign of the Brodie Oaks site, Barshop & Oles intends to convert 13.7 hectares of parking lots and building space into green spaces. A new trailhead and public access area would connect the site to neighboring Barton Springs Greenbelt, and the redesigned site itself would include nearly a mile of hiking trails and nearly two miles of pedestrian and bike paths.
The new concept is still in the planning phase and has to be approved by the city of Austin at some point. If the Brodie Oaks redevelopment receives the city’s seal of approval, construction could begin in late 2022 or early 2023. Barshop & Oles expects the project to take approximately 10 years to fully expand.
“The renewed Brodie Oaks will be a destination for residents, businesses, restaurants and retailers, shoppers, park goers and events in South and Southwest Austin that rivals those in Austin,” said Milo Burdette, partner at Barshop & Austin Oles says in a press release.
The mall, which opened in 1982, is about a mile and a half southeast of the 1.4 million square foot enclosed Barton Creek Square mall. Current tenants include Sprouts Farmers Market, Hobby Lobby, Pinthouse Pizza, South Lamar Park, Olive Garden, Pei Wei Asian Food, Freebirds World Burritos, Pok-e-Jo’s Smokehouse, and Starbucks.