Trammel Crow Co., a well-known developer of industrial and office space in urban areas, has been active in Austin for some time now. However, it has not had the public presence other companies have garnered and has instead worked in the background, hoping to one day obtain the project and the reputation it so justly deserves.
That waiting recently paid off when Trammel Crow won the city bid, with partner Constructive Ventures, to build the Thomas Green Water Treatment Plan. The project is one that many vied for, as it is six acres and four city-blocks, and fronts Lady Bird Lake in southern downtown Austin. City officials with executives from both Trammel Crow and Constructive Ventures are currently finalizing the details of the plan – something that could take up to a year.
While that is being done, Trammel Crow is continuing to move forward and expand its presence even more in Austin. It currently has $224 million of real estate under development in the city. The Shore, Trammel Crow’s 192-unit condo on Lady Bird Lake, is due to open in a few months. Similarly, 64,000 square feet of retail and commercial space, along with residential buildings will soon be complete. And Lakeline Mall, a 272,000 square-foot project, is scheduled to be finished by January 2009. In addition to those, there are many more projects in the development or proposal stages.
Clearly, Trammel Crow is a force that will become even more dominant in Austin in the upcoming months. It has proven repeatedly that it can and will develop quality projects, and that it is prepared to tackle both large and smaller plans. And with the acquisition of the Thomas Green Water Treatment Plan it has shown the better known companies that it too can compete . . . and win.





