Riverside Resources has acquired part of the old AMD campus in southeast Austin for a new, large office park, the Austin Business Journal reports.
The goal of the company is to get enough land to have a multi-tenant office park or corporate headquarters.
Riverside Resources bought a building that was previously owned by Cypress Semiconductor and has 330,000 square feet. They want to remodel the space and lease the property as office condos. They also have 46 acres next to that building and wants to construct an office park that spans three buildings and 425,000 square feet.
Ben White is a convenient East-West highway, the land is close to the airport, and Oracle’s new campus is located nearby on Riverside Drive. Other attractive amenities in the area include Lady Bird Lake. The area is also close to downtown and is increasingly popular with young professionals, especially those who work in tech.
Looking for an apartment in the East Riverside-Oltorf neighborhood? Give Austin Apartment Specialists South Austin a call today at 512-912-8000 to find your new home today!