Local Business Leaders Say The Domain Continues to Drive Growth in North Austin Market

As the face and skyline of the Burnet Road corridor continue to evolve, The Domain is continuing to attract large-scale employers and drive competition in the North Austin real estate market, according to local business leaders. At the North Austin Growth Summit, hosted April 14 by the Austin Business Journal, technology executives, real estate experts and development firms provided insight on the economic potential of the North Austin area. Throughout the virtual meeting, leaders said The Domain, which opened its first phases in 2007, continues to attract high-skill labor talent to the area through an employment market rife with tech opportunities and a real estate market close to nightlife and entertainment amenities. “You think of downtown Austin being the core [of the city], but when you look at the population center of Austin, … The Domain is really that center point,” said Will Jenkins, a principal at Stonelake Capital Partners. “You see employers gravitating to this geographical location for that reason.” Now, with a few major developments ready to deliver product in the next 12 months, The Domain’s footprint in North Austin may expand even more. Click to read more at www.communityimpact.com.