The commercial space (defunct Office Furniture Now Building) off of South Congress and St. Elmo will be receiving a much needed and highly anticipated facelift. The 12-acre project will break ground mid-2016 with an expected opening date of 2018.
St Elmo Mixed Use Project
Dubbed “St. Elmo” this mixed used project will add a trendy live, work, play location to Way-South Austin. With a price tag of $125 million, the St. Elmo project will house a 40,000 square foot public market as its centerpiece. Included in the plans are spaces for 25-30 vendors, indoor and outdoor communal seating, roof-top deck, brewery and beer garden, office spaces, boutique hotel and residential condos. Also moving to the development is the one of Austin’s music icons, Saxon Pub.
The Rundown – St Elmo Mixed Use Project
- Developers: Prescott Group (Dallas) and GroundFloor Development
- Architects: Anderson-Wise Architects
- Price: $125 million (Projected)
- Breaking Ground: Mid 2016
- Opening: 2018
- Plans: 40,000 square foot public market, Saxon Pub, 25-30 spaces for vendors, offices, 50 residential condos, boutique hotel, brewery and beer garden.
St Elmo Mixed Use Project will Be the First of Many to Come
As Austin’s population growth continues to move to “Way South” Austin, we are sure to see more and more of these mixed use and entertainment venues being discussed. Currently, the only large entertainment venue in the 78745/78748 zip codes is the Moontower Saloon on Manchaca Road.
Looking to Buy a Home in Austin?
We know the Austin area well and can help you find the best area for you. When you find the right house, we’ll negotiate the best possible price. Not sure where to start your search? Try our Austin Neighborhood Finder. Then, check out our Austin Home Buyers section to learn more about our team of buyer’s agent specialists. When you’re ready to get started with your home search, call us at (512) 827-8323, email us at info@11OaksRealty.com or fill out our Buyer Survey.