Expansive to Open 48 KSF Austin Coworking Location
The company purchased the five-story office building in March 2022.
Expansive Austin Highland. Image courtesy of Expansive
Expansive is set to open Expansive Austin Highland, a 48,000-square-foot coworking property in central Austin, Texas. The company paid $14.9 million for the 53,415-square-foot office building in March 2022, after landing a $10.4 million loan from Texas Security Bank, Commercial Edge data shows. Scheduled to open next month, the building has undergone a multimillion-dollar renovation plan.
Completed in 1978, the five-floor property comprises open coworking spaces, dedicated desks, private offices, suites for smaller and larger teams of up to 500 members and on-demand training and meeting rooms. Amenities include two phone booths, a community library, an outdoor patio, a shared kitchen and an outdoor penthouse community lounge. The indoor-outdoor lounge also doubles as an event venue.
Located at 305 E. Huntland Drive, the property is less than half a mile from Interstate 35 and within a mile of Highway 209. Austin city center is some 5.3 miles south of the property. Several dining, retail and entertainment options are within walking distance of Expansive Austin Highland.
The company is rapidly expanding its footprint across Texas, marking the firm’s sixth location in the state and the second in the metro. Expansive also owns and operates another location at 14205 N. Mopac Expressway in North Austin. The flex office provider is bolstering its portfolio in other states as well: in December the company opened Expansive Mesa at Newberry Station, a 20,000-square-foot coworking space in Mesa, Ariz.
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