AUSTIN—KDC has entered into a joint venture with SH 71-130 Holdings GP LLC to develop a 100-acre parcel for build-to-suit office space in southeast Austin. 

The new office space will be part of a planned 390-acre mixed-use project at the intersection of Texas Highway 71 and State Highway 130 toll road.

"The location alone makes this build-to-suit opportunity attractive to corporate users," Jake Ragusa Jr., senior vice president and partner at KDC, told GlobeSt.com. "It is an affordable location that is still close enough to downtown Austin, and it sits near a major airport at the intersection of two major highways.  That's a great development site in any real estate market." 

Karl Koebel, manager of SH 71-130 Holdings GP LLC, has been an advocate for development in southeast Austin. 

“I knew with the right development partner, the possibilities were incredible,” said Koebel in a release. “KDC is known as the corporate build-to-suit leader with more than 125 projects completed in various markets. The team knows the formula for success.” 

In addition to the office component, the mixed-use project, nearby the Circuit of The Americas racetrack, will also include retail, multifamily, industrial and educational elements. It has received the Triple Freeport Designation, which allows schools, cities and counties to exempt business inventory from taxes if goods are shipped out of state within 175 days.

Page is coordinating the architectural planning and Kimley-Horn is the engineer.