An old industrial property in East Austin will soon transform into a haven for local creatives. On Wednesday, Central Austin Management Group released new details about Springdale General, an affordable multi-use business community opening in 2017 at 1023 Springdale Rd.
The complex is composed of 15 buildings and 165,000 square feet of space that can be used as offices, studios, galleries, retail fronts, and even distribution centers. Rental prices start at $12.50-$17.50 per square foot. Compared to the citywide average of around $30 per square foot, that's quite a steal.
The development team hopes to attract a wide variety of artists, musicians, designers, and creative firms to the area — and they know a thing or two about accommodating makers on a budget. Central Austin Management Group is also behind Canopy, a similar concept down Springdale Road that houses Big Medium, Modern Rocks Gallery, Sa-Ten, and more.
"Too many of our creative businesses are being pushed out of Austin because they can't afford the rent," said Daryl Kunik, founder and CEO of Central Austin Management Group, in a release. "Our goal with Springdale General, as it is with our thriving artist community Canopy, is to help maintain the city's culture and creativity by offering dynamic work space that meets the functional and budgetary needs of the creative class."
Springdale General will be designed by acclaimed Austin architect Michael Hsu, who is also responsible for Canopy. "The design brief was clear: create a dynamic work environment that connects tenants to each other and the environment to the surrounding community," explained Hsu. "In addition to the needs of various types of makers, we considered the needs of the community as a whole."
Sustainability is also at the forefront. Springdale General will incorporate solar panels, rainwater collection, and bike racks — with plenty of parking too.
Construction won't be complete until 2017, but leases are currently up for grabs. Caffé Medici has already signed on as a tenant and will be opening a new roasting facility, and its sixth location, in Springdale General.