Austin, TX, UNITED STATES Americas
Cover Image
Report Summary:
Austin is booming, and nowhere is that more apparent than in the city’s downtown. With that boom and the related real estate development comes a need to define the urban experience. As new buildings rise above the city’s streetscape, levels and levels of parking decking are layered into the building’s foundation, creating a meaningful void in activation along downtown streets. Pedestrians pass these new shiny buildings and are met with garage entrances leading to multiple levels of parking before any human experience – whether residential or commercial – can be seen on the floors far above. In some cases, street-level retail is factored into the first floor of the building, but in many other instances, there is no opportunity for human interaction. Understanding the impact that unfettered parking construction is having and will continue to have on the streetscape experience in downtown Austin, the City Council leadership turned to ULI Austin for guidance in encouraging a reduction in new parking construction across the entire downtown geography.

Report Summary: Austin is booming, and nowhere is that more apparent than in the city’s downtown. With that boom and the related real estate development comes a need to define the urban experience. As new buildings rise above the city’s streetscape, levels and levels of parking decking are layered into the building’s foundation, creating a meaningful void in activation along downtown streets. Pedestrians pass these new shiny buildings and are met with garage entrances leading to multiple levels of parking before any human experience – whether residential or commercial – can be seen on the floors far above. In some cases, street-level retail is factored into the first floor of the building, but in many other instances, there is no opportunity for human interaction. Understanding the impact that unfettered parking construction is having and will continue to have on the streetscape experience in downtown Austin, the City Council leadership turned to ULI Austin for guidance in encouraging a reduction in new parking construction across the entire downtown geography.

RELATED
Webinar

CRREM North America Project Final Update

Driven by ULI member requests, CRREM, ULI, and the Lawrence Berkeley National Lab partnered to create more granular curves for the US and Canada. The project team engaged a broad set of real estate industry stakeholders to inform this process by host...
Report

State of Green: Greenprint Performance Report, Volume 15

ULI Greenprint real estate members are leading the charge to decarbonization. Learn about the progress being made globally on reducing carbon emissions and increasing energy and water efficiency in the real estate industry.
Webinar

Unlocking Decarbonization in Real Estate From Ambition to Action

Our industry experts reveal how aligning the right technical strategies with comprehensive financial evaluations—maximizing incentives, tax credits, and financing—can turn decarbonization from a conceptual ambition into a reality.
Topics
Development
District & National Councils
ULI Austin