Expansive Austin Highland. Picture courtesy of Expansive
Expansive is about to open Expansive Austin Highland, a 48,000-square-foot coworking property in central Austin, Texas. The corporate paid $14.9 million for the 53,415-square-foot workplace constructing in March 2022, after touchdown a $10.4 million mortgage from Texas Safety Financial institution, Business Edge knowledge exhibits. Scheduled to open subsequent month, the constructing has undergone a multimillion-dollar renovation plan.
Accomplished in 1978, the five-floor property includes open coworking areas, devoted desks, non-public places of work, suites for smaller and bigger groups of as much as 500 members and on-demand coaching and assembly rooms. Facilities embrace two cellphone cubicles, a neighborhood library, an outside patio, a shared kitchen and an outside penthouse neighborhood lounge. The indoor-outdoor lounge additionally doubles as an occasion venue.
Situated at 305 E. Huntland Drive, the property is lower than half a mile from Interstate 35 and inside a mile of Freeway 209. Austin metropolis heart is a few 5.3 miles south of the property. A number of eating, retail and leisure choices are inside strolling distance of Expansive Austin Highland.
The corporate is quickly increasing its footprint throughout Texas, marking the agency’s sixth location within the state and the second within the metro. Expansive additionally owns and operates one other location at 14205 N. Mopac Expressway in North Austin. The flex workplace supplier is bolstering its portfolio in different states as effectively: in December the corporate opened Expansive Mesa at Newberry Station, a 20,000-square-foot coworking area in Mesa, Ariz.
