New East Austin Development 2023- Beck-Reit with DC+A , Swinerton and FORT Structures
Restaurant Space For Lease
Restaurant Space with Mezzanine and Outdoor Seating
E-Mail DeLea@BeckReit.com for more info
2422 E 7TH - “WORKBENCH”
Beck-Reit is excited to announce its partnership with Dick Clark + Associates in their second mixed-use development, a 50,000 square foot building at the corner of East 7th and Pedernales Streets. The site, which features 255 feet of East 7th Street frontage, is a strategic partnership between DC+A Workbench, the development arm of DC+A, and a portfolio of partners including engineers, contractors, and commercial realtors.
The four-story building, which will also include one floor of underground parking, will be constructed of mass timber and cross-laminated timber (CLT) from Timberlab, a trade with Swinerton. Mass timber construction is a low-carbon alternative to concrete and steel, providing exceptional strength and stability with the aesthetic benefits of exposed joinery, and the warmth of wood columns, beams and ceilings. Mass timber uses state-of-the-art technology to layer wood products together, resulting in large and exceptionally strong and versatile structural floor panels, posts, and beams. Due to advances in building codes, mass timber structures can now reach 18 stories, and using it will be a first for DC+A.
Additional partnership opportunities are available, with 6,000 and 7,000 square foot offices on the 3rd and 4th floors, respectively. The building’s ground floor includes leasable space, including 5,800 square feet designed for a restaurant tenant and 1,600 square feet for retail build-out, both ready for occupation in late summer 2025. For more information, please reach out DeLea@BeckReit.com
Beck-Reit Offices will move to the project in 2025 upon completion, but the biggest win is turning a client into a friend and then into a Development and Investment Partner. DeLea Becker and Mark Vornberg met for the first time in 2017 for lunch at an old-school dinner in East Austin - Chu-Mikals. What was expected to be a1 hour turned into 3 and they both drove over to look at the pawn shop that was for sale to see if it would work for Dick Clark offices. Beck-Reit represented DC+A in the purchase. Over the years Beck-Reit has leased space in their East 7th building, Sold the Cat Noir Hotel on East 11th, representing Mark Vornberg and his wife Shelly Leibham, and looked at many projects and opportunities to partner on over the last 6 years. There is more to come, but for now we are excited to break ground on 2422 East 7th.
PARTNERS
DC+A
FORT Structures
Swinerton
Beck-Reit Commercial Real Estate
Austin Business Journal Article July 2023 Here
“Dick Clark + Associates is not the only developer involved in the project at 2422 E. Seventh St., nor will it be the only tenant. The project’s development partners will soak up 60% of the office space. Those development partners include national builder Swinerton, which opened its Austin office in 2013 and has a mass-timber construction division called Timberlab; commercial real estate firm Beck-Reit Commercial Real Estate; and structural engineer Fort Structures.
This new building could become a one-stop-shop for developers, equipped as it is with architects, engineers, builders and brokers.”
Texas Real Estate Center HERE
“2422 E. Seventh St. to become 'one-stop-shop' for Developers”
