AUSTIN – HomeAway, a vacation home rental firm, will move its headquarters and 2,000 employees into a new 16-story office tower that will be built in The Domain development in Austin.
The 315,000-SF building is being developed by Dallas-based TIER REIT in partnership with Austin-based Endeavor Real Estate Group. Construction will begin this summer, with completion expected in early 2019.
The building will be located at the intersection of Domain Drive and Alterra Parkway. HomeAway reported $2.7 billion in vacation home bookings in the first quarter of 2017.
The building was designed by Gensler, with interior architecture and design led by Rios Clementi Hale Studios from Los Angeles. DPR was selected as the general contractor for the core/shell building.
The Domain high-rise will have an open layout that promotes collaboration and includes amenities such as bike storage, outdoor balcony space, an outdoor lawn for meetings and workouts, showers and lockers.
HomeAway currently has various office locations in Austin including downtown, North Austin and South Austin. While the additional office at The Domain will allow for consolidation to a more centralized corporate campus, the company also plans to maintain its presence in downtown and in South Austin.
The number of HomeAway tech workers in Austin has grown by 50 percent in the past two years.
June 26, 2017 Realty News Report Copyright 2016