AUSTIN— CIM Group and Seaholm Power LLC announced athenahealth leased the entirety of the 103,000-square-foot office space at Seaholm Power Plant in Austin, Texas.

The mixed-use Seaholm Power Plant redevelopment began construction in April 2013 and is located on the southwestern edge of downtown Austin. The low-rise office and retail building is scheduled to deliver by the end of 2014.

According to CIM, athenahealth's expansion in the Seaholm Power Plant will create approximately 600 new jobs in Austin over the next ten years. athenahealth received job incentives from the City of Austin and the Texas Enterprise Fund.

The redevelopment of the 1950 art deco Seaholm Power Plant will feature a ground floor restaurant and coffee shop and four floors of open, creative office space “designed to meet the needs of athenahealth's office, research, and development operations,” said CIM in a statement.

The five acres surrounding the plant are being developed into a “urban oasis” touting 1.5 acres of public open space, a 30-story residential tower, Seaholm Residences, and a two-story, 66,000-square-foot retail and office building which will include a Trader Joe's market. The 280-unit Seaholm Residences is fully reserved and will deliver in the second quarter of 2015.

The Austin lease is part of a larger project by athenahealth to expand its operations nationally. athenahealth is a provider of cloud-based services for electronic health record (EHR) and care coordination.

Instant Insights /

Athenahealth Leases Up Seaholm Power Plant Office Redevelopment

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