ASPEN LAKE
Return to propertiesLocation: The property is located near the major intersection of U.S. Highway 183 and SH-45. Specifically, the property is at the northwest corner of Lake Creek Parkway and Pecan Park Boulevard in Austin, Texas.
Size: 18 acres at the northwest corner of Lake Creek Parkway and Pecan Park Boulevard.
Price: Please call for pricing
Zoning: Commercial Highway Services-Planned Development Area (CH-PDA) Combining District.
Jurisdiction: City of Cedar Park and Williamson County
Utilities: City of Austin water, wastewater and electricity surrounds the site.
Drainage: Water quality is required. The site has existing detention ponds that would need to be expanded to accommodate development.
Entitlements: The site is a portion of the Park at Aspen Lake, which is entitled for up to 1.3 million square feet of mixed-use space (office, retail and a multifamily component). The first phase of Park at Aspen Lake has recently been constructed, which includes 207,000 SF of Class A office space. The project is also adjacent to the existing 10-story, 178,000 square foot Tower of the Hills office project.
Survey: Exists
Environmental: Exists
Access: The site can be accessed from Lake Creek Parkway, Pecan Park Boulevard or via common reciprocal access through the adjacent office project.
Frontage/Roadways: The site has ample frontage along Lake Creek Parkway and Pecan Park Boulevard. Lake Creek Parkway is a divided three-lane arterial and Pecan Park is a divided two-lane arterial. The site is within close proximity to U.S. Highway 183, U.S. Highway 183A and SH-45. U.S. Highway 183A and SH-45 are major toll roads.
General Comments: The site is conveniently located within close proximity to the U.S. Highway 183, 183A, and SH-45, which makes the site easily accessible from most of the Austin area. The site is surrounded by Class A office space and major retail development, which includes the Lakeline Mall. The site is just a couple of miles south of the future light rail station (Northwest Park & Ride), which will be open to commuters in 2009.
*All information regarding this property is from sources deemed reliable, however, Duncan Commercial LLC has not made an independent investigation of this information and no warranty or representation is made by Duncan Commercial LLC as to the accuracy thereof. This property is submitted subject to errors, omissions, price changes or other conditions. Duncan Commercial LLC has not and shall not make any warranty or representation as to any condition that may affect the value or suitability of the property.
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